Venezuela approves new mining law to open its subsoil to foreign capital
10 April 2026 at 10:31
The Venezuelan parliament, controlled by the Chavista regime, on Thursday approved a new mining law that—just as with the hydrocarbons law—opens Venezuela’s mineral-rich subsoil to foreign capital. The approval of this 131-article law, which repeals the one enacted by former Venezuelan leader Hugo Chávez in 2013, took several sessions and had been under debate for weeks. It finally passed unanimously on the same day that the new Attorney General and Ombudsman were elected.

© Ronald Peña R (EFE)