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Venezuela Approves New Mining Law to Attract Investment

4/10/2026

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Summary

Story summary

Venezuelan lawmakers unanimously approved a new mining law on April 9, 2026.
The law aims to modernize the mining sector and attract foreign investment.
The measure was proposed by acting President Delcy Rodríguez, reflecting a shift from strict state control.
The move follows a meeting between U.S. officials and Venezuelan leaders, signaling a potential thaw in relations.
The bill now awaits final approval from Rodríguez.

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Story summary

Venezuelan lawmakers unanimously approved a new mining law on April 9, 2026.
The law aims to modernize the mining sector and attract foreign investment.
The measure was proposed by acting President Delcy Rodríguez, reflecting a shift from strict state control.
The move follows a meeting between U.S. officials and Venezuelan leaders, signaling a potential thaw in relations.
The bill now awaits final approval from Rodríguez.