
Venezuela's governing and opposition parties are making progress toward the creation of a $3.2 billion U.N.-administrated fund that would aim to use the country's frozen assets for humanitarian purposes, the top lawmaker from the country's ruling party said on Monday.
During Mexico-based talks in November, representatives for the government of President Nicholas Maduro and the U.S.-backed opposition party agreed to create the fund to support healthcare, food and education efforts needed to overcome Venezuela's long-running social and political crisis."If (the fund) happens, and I think we are advancing on some steps in that direction, we can pass to another stage of the conversations," the government's lead negotiator and National Assembly President Jorge Rodriguez told television station Globovision.