Economics

Maduro Calls Venezuelan Bondholders to Meeting About U.S. Sanctions

  • Meeting to find solutions to U.S. sanctions affecting bonds
  • Maduro also invites U.S. oil companies to meet on sanctions
Lock
This article is for subscribers only.

President Nicolas Maduro summoned holders of Venezuelan bonds to a meeting with Economy Minister Ramon Lobo next week to discuss the effects of U.S. sanctions aimed at sovereign and state oil company debt.

U.S.-based holders of Venezuela bonds will be hurt the most by the sanctions, Maduro said. President Donald Trump “burned the bonds in their hands” by trying to harm Venezuela, he said, without providing more details on the meeting.