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Venezuela Resumes Opposition Talks in Bid to Ease Sanctions

(Bloomberg) — Venezuela’s government and a coalition of the nation’s opposition restarted talks on Tuesday that could pave the way for sanctions relief in exchange for a demonstration of democratic principles.

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If the talks lead to a more competitive presidential race and relief from US-imposed restrictions that have crippled Venezuela’s economy, the moment could be a turning point for a country that has struggled for decades to regain its global standing. The long-awaited resumption of negotiations comes just five days before the opposition holds primaries to select a candidate for the 2024 presidential race. Nicolás Maduro, who became president in 2013, is widely expected to run for a third consecutive term.