Venezuela’s Maduro Pleads for Foreign Capital, Biden Deal in Caracas Interview

Maduro hopes a deal to relieve the sanctions will open the floodgates to foreign investment, create jobs and reduce misery. It might even assure his legacy as the torchbearer of Chavismo, Venezuela’s peculiar brand of left-wing nationalism. “Venezuela is going to become the land of opportunities,” he says. “I’m inviting U.S. investors so they don’t get left behind.” Over the past few months, Democrats including Gregory Meeks, the House Foreign Affairs Committee chairman, Representative Jim McGovern and Senator Chris Murphy, have argued that the U.S. should reconsider its policy. Maduro, who these days rarely leaves Miraflores or the military base where he sleeps, has been waiting for a sign that the Biden administration is ready to negotiate. “There hasn’t been a single positive sign,” he says. “None.” By Erik Schatzker, Patricia Laya, and Alex Vasquez. Full Text -> Bloomberg

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