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Latin Times
Latin Times
Politics
Demian Bio

Maduro Reportedly Offered Trump Preferential Access To Venezuela's Oil, Gold To Defuse Tensions; He Refused

Venezuela's authoritarian President Nicolas Maduro (Credit: Photo by JUAN BARRETO/AFP via Getty Images)

Venezuela's authoritarian President Nicolas Maduro reportedly offered Donald Trump preferential access to the country's natural resources including oil, gold and other minerals in exchange for defusing tensions in the Caribbean. However, he refused, ending all diplomatic outreach to the South American country the New York Times reported.

The outlet noted that the offer involved an offer to open up all existing and future oil and gold projects to American companies and give them preferential contracts. It also proposed to reverse the flow of oil exports from China to the U.S. and slash energy and mining contracts with companies from China, Iran and Russia.

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