Economic
Venezuela passes bill to open mining sector to foreign investors
Venezuela's government passes new bill allowing foreign investment in mining sector to boost economic recovery.
Venezuela has passed a bill to open its mining sector to foreign and private investors, marking a significant step in economic reforms aimed at stabilizing the country's ailing economy. The legislation removes some restrictions on foreign ownership and offers incentives to attract investment in critical minerals and other resources. Analysts say this move could help diversify the economy beyond oil, bring in hard currency, create jobs, and support broader efforts to tame inflation and restore growth. However, concerns remain over environmental safeguards, governance, and transparency.
- Status
- active
- Location
- Caracas, Venezuela
- Date added
- 2026-04-11 12:45 UTC
- Added by
- bodglobalapdrt
- Last updated
- Source
- Anadolu Agency
- Source published dsate/time
- 2026-04-11 07:33 UTC
- Event date/time
- Not provided
- Connected threats
- Not provided