US President Donald Trump claimed on Wednesday that Venezuela will “only” buy American products with the revenue it obtains from oil, as part of a new agreement on crude oil following the potential capture of his Venezuelan counterpart, Nicolás Maduro.
The White House occupant made the statement in a message posted on his Truth Social profile, where he indicated that the purchases would include agricultural products, medicines, medical devices, and equipment “to improve” the electrical grid and energy facilities of the Latin American country.
“In other words, Venezuela is committing to doing business with the United States as its main partner. A wise decision and very beneficial for the American people and for the United States,” the New York magnate added.
His announcement comes after Secretary of State Marco Rubio explained that the Trump administration’s plan for Venezuela involves three phases, the last of which is a political “transition,” thus prioritizing business in the oil sector.
For its part, Petróleos de Venezuela (PDVSA), the state-owned oil company, had confirmed the start of negotiations with US authorities for the sale of crude oil volumes, “within the framework of the existing commercial relations between both countries.”
