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Venezuela's government and opposition agree on judicial reform, fund recovery
🇨🇭 Switzerland /Elections & Politics

Venezuela's government and opposition agree on judicial reform, fund recovery

From Le Temps · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Venezuela's government and opposition reached initial agreements on judicial reform and recovering frozen funds.
  • The dialogue, encouraged by Washington, follows the capture of President Nicolas Maduro.
  • Key points of agreement include reforms to the Supreme Tribunal of Justice and transparency mechanisms for accessing funds held in the Bank of England.

Venezuela's government and opposition have concluded their first round of political dialogue, announcing points of agreement on judicial reform and the recovery of funds frozen in the United Kingdom due to sanctions. This dialogue, facilitated with encouragement from Washington, occurs seven months after President Nicolas Maduro's capture by the U.S. military.

engage a process that contributes to the transformation of the justice system, focused on reforms of the organic law of the Supreme Tribunal of Justice and other laws of the justice system

— Jorge Rodriguez and Dinorah FigueraAnnouncing the agreement on judicial reform.

A joint statement indicated agreement to "initiate a process that contributes to the transformation of the justice system," focusing on reforms to the organic law of the Supreme Tribunal of Justice and other related legislation. The opposition has particularly emphasized reforming the judiciary, including the Supreme Tribunal, which validated Maduro's contested re-election. Sources close to the opposition stressed the need to "eliminate the structural conditions that make repression possible" and repeal laws used to detain political prisoners.

eliminate the structural conditions that make repression possible

— opposition sourceStating the opposition's goal for judicial reform.

Additionally, both parties agreed to "join efforts on the promotion of the recovery of assets" held by Venezuela at the Bank of England. This involves establishing transparency mechanisms for the efficient use of these resources, estimated at around 30 tons of gold. The funds are intended to aid in the country's reconstruction following a devastating earthquake on June 24th, which caused over 6,300 deaths and left thousands missing.

join efforts on the promotion of the recovery of assets

— joint statementRegarding the agreement on accessing frozen Venezuelan funds.
DistantNews Editorial

Originally published by Le Temps in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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