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Latin Times
Latin Times
Politics
Pedro Camacho

Nobel Laureate Machado Claims 'Venezuela Will Be the Envy of the Planet' After Democratic Transition

Maria Corina Machado, Venezuela (Credit: Via Getty Images)

Venezuelan opposition leader and Nobel Peace Prize recipient María Corina Machado said a political transition in Venezuela would usher in investment, security, and a return to constitutional order, describing the current moment as "historic" and "decisive" for the country.

In an interview with El Mundo from hiding, Machado said "90% of Venezuelans want change" and that the opposition has already "begun a journey from chaos to order and peace." She declined to confirm whether she plans to travel to Oslo next week for the Nobel ceremony, citing security concerns.

Machado said the first actions of a transition government led by Edmundo González Urrutia would include "restoring the constitutional order," freeing state security bodies from "Cuban intelligence," and dismantling criminal networks that "elevate artificially the price of basic goods." She also told El Mundo that agreements with international institutions are already "planned by stages" to secure financial support.

Machado rejected any negotiation that would overlook the 2024 election results. "No solution is viable that ignores the sovereign will of the Venezuelan people," she said. She argued that fears of post-transition instability are misplaced. "Venezuela has a cohesive population with a common purpose," she said, adding that most of the armed forces support a democratic change. "We are going from chaos to order, from oppression to the rule of law."

She added that international isolation of the Maduro government is "real and irreversible," citing accusations including crimes against humanity and environmental destruction. "History will recognize who did what," Machado said.

Machado also outlined an economic vision rooted in rapid investment: "Venezuela will become the envy of the planet because we will bring immense investments that will translate into jobs, goods, and services." She emphasized the return of millions in the diaspora as a key driver of recovery.

According to a recent Semafor report, Machado's team met in October with U.S. investment firms during IMF–World Bank meetings. Rafael de la Cruz, who leads the opposition's U.S. office, said "several companies" are showing interest in "opening up Venezuela for business." A UBS memo cited by the outlet said a transition could "unlock major opportunities" given the country's oil reserves and underutilized economy.

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