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The President of the United States, Donald Trump, stated that Venezuela “will exclusively purchase products made in the United States” with the money it receives from the “new Oil Agreement” between the two countries.
The measure that —according to statements— would include purchases of agricultural products, medicines, medical devices, and equipment manufactured in the U.S. intended to improve the electrical grid and energy facilities in Venezuela.
In his message, Trump stated that these purchases would make the United States the "main trade partner" of Venezuela and described the proposal as "a wise and very beneficial decision" for both countries.
Hours earlier, Petróleos de Venezuela S.A. (PDVSA) had confirmed that it is negotiating with the U.S. government for the sale of crude volumes, in what it described as a process framed within “trade relations between both countries,” according to an official statement cited in the document.
The state-owned company stated that the process is being conducted under "similar frameworks" to those currently in place with international companies like Chevron and that it is a transaction "strictly commercial" based on criteria of legality, transparency, and mutual benefit.
PDVSA reported that the discussions with Washington regarding crude oil supplies are progressing and emphasized the commercial nature of the negotiations, in a context where the U.S. announced an agreement to access volumes of Venezuelan oil.
These statements are set against a broader backdrop of "energy control" over Venezuela, as described by Trump and Secretary of State Marco Rubio, involving supervised oil sales and the management of revenues under U.S. control.
The Secretary of Energy, Chris Wright, stated that Venezuelan crude oil would be sold in the market by the U.S. government and that the revenues would be deposited in accounts controlled by Washington “to ensure their use” for the benefit of the Venezuelan people.
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