Venezuela’s President Delcy Rodríguez said that the country’s economy has begun to show the first concrete signs of recovery. In an interview, she noted that oil production has again reached 1.2 million barrels per day, while exports exceed 900,000 barrels daily. By the end of 2026, even before new energy agreements are implemented, the government expects to reach a level of around 1.4 million barrels per day. Talks are currently under way on 30 contracts with international companies that will bring investment into the country and strengthen its oil industry under the new Hydrocarbons Law.
At the same time, Caracas has intensified diplomatic contacts with Washington. Rodríguez confirmed that she supports ongoing and respectful communication with U.S. President Donald Trump and Secretary of State Marco Rubio. Venezuela is seeking a return to the international financial system, the restoration of the correspondent banking network, and the normalization of economic relations. The president stressed that easing the sanctions regime has already helped partially restore oil activity and open up new opportunities for foreign investors—fueling optimism about the year ahead.
Full version: Presidenta Rodríguez assured that economic growth is already showing concrete signs