U.S. Sees Better Ties With Venezuela Regardless of Chavez Fate

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Relations between the U.S. and Venezuela will improve over the next year irrespective of who leads the South American country as President Hugo Chavez battles cancer, U.S. Assistant Secretary of State Roberta Jacobson said.

“A year from now we will have a better relationship with Venezuela regardless of who is in power,” said Jacobson, who oversees Western Hemisphere issues at the State Department, in an interview at Bloomberg’s headquarters in New York today. “The economic model that has been implemented by President Chavez is running its course.”