#venezuelaussign25yearoildeal
Rodriguez confirmed that Venezuela retains full ownership and sovereignty over its natural resources, while benefiting from American capital, technology, and operational expertise. He called for viewing the agreement as a “historic milestone” that will help revive the economy, boost government revenues, and shape the country’s future. Both U.S. officials and Rodriguez described the long-term partnership as a mutually beneficial relationship, and American companies are expected to participate in developing the fields and the crude output that will support U.S. energy needs.

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