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๐Ÿ‡ป๐Ÿ‡ช Venezuela /Elections & Politics

Venezuelan Chamber Meets U.S. Congress Delegation to Boost Bilateral Trade

From El Nacional · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Venamcham met with a U.S. Congressional delegation to discuss Venezuela's economic reintegration into international markets.
  • The meeting focused on attracting investment and strengthening guarantees for the private sector.
  • Key topics included legal security, transparency, and competitiveness to build confidence for international capital.

The Venezuelan-American Chamber of Commerce and Industry (Venamcham) hosted a strategic meeting in Caracas with a delegation from the U.S. Congress. The primary goal was to explore pathways for reintegrating Venezuela's economy into global markets, attracting foreign investment, and bolstering protections for the private sector.

The U.S. delegation was led by Congressman Brian Mast and included members of the House Foreign Affairs Committee, such as representatives Randy Fine, Kat Cammack, and Jonathan Jackson. John M. Barrett, the U.S. Embassy's Chargรฉ d'Affaires, also attended the session.

During working sessions, participants discussed mechanisms to ensure legal security, transparency, and competitiveness. These elements are considered crucial for generating the confidence international investors require in the region. Amaru Liendo, president of Venamcham, emphasized the organization's commitment to fostering economic ties between Venezuela and the United States, promoting a sustainable business environment that champions free enterprise through dialogue, innovation, and public-private alliances.

The discussions also involved the advisory team for the congressional committee, reinforcing the private sector's role as an intermediary and a bridge for commercial diplomacy between the two nations. With 75 years of apolitical and independent operation, Venamcham represents over 600 national and multinational affiliated companies in Venezuela, underscoring its dedication to economic development and business dynamism.

In Venamcham, we maintain our original purpose intact: to foster and strengthen economic relations between Venezuela and the United States, promoting a sustainable business environment that defends free enterprise. The strengthening of these relations is built with dialogue, innovation, and solid alliances between the public and private sectors.

โ€” Amaru LiendoAmaru Liendo, president of Venamcham, highlighted the organization's mission during the meeting.
DistantNews Editorial

Originally published by El Nacional in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.