Build an economy rooted in good governance, human development, and diversification while consolidating the United States’ position as Venezuela’s lead energy investor. Since January 3, 2026, the United States has helped restart Venezuela’s economy by issuing general licenses for sanctioned industries, thereby permitting new investment in the country’s energy, mining, telecommunications, and transportation sectors, among others. By allowing U.S. companies to reestablish footholds in Venezuela, the United States infuses dollars into the Venezuelan economy—generating additional leverage for Washington, especially as Chinese, Iranian, and Russian investors withdraw—and could eventually shore up its own strategic oil reserve. Yet a healthy Venezuelan economy requires diversification, including restored agricultural and manufacturing capacity and even new technology investments in banking and data delivery.
Source: www.cfr.org
