Venezuela’s creditors call for Guaido to discuss debt renegotiation framework

Session of Venezuela's National Assembly in Caracas
FILE PHOTO: Venezuelan opposition leader Juan Guaido, who many nations have recognised as the country’s rightful interim ruler, looks on after attending a special session of Venezuela’s National Assembly to celebrate the 208th anniversary of Venezuela’s independence in Caracas, Venezuela July 5, 2019. REUTERS/Fausto Torrealba

July 9, 2019

CARACAS (Reuters) – A committee representing holders of Venezuelan debt on Tuesday called for opposition leader Juan Guaido and the National Assembly to engage with creditors on a framework for debt renegotiation and to respect their rights going forward.

A future opposition-led government must “provide timely and transparent information” to creditors, the committee said in a statement, adding that a U.S. executive order that “undermines good faith negotiations” would not be in the country’s long-term interests.

(Reporting by Christian Plumb; Editing by Daniel Flynn)

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