Venezuela’s creditors welcomed its opportunity rapprochement with the U.S. but still deal with pitfalls and uncertainties in collecting from the South American country’s bankrupt governing administration as its relations with Washington thaw.
A rollback of U.S. sanctions on Venezuelan oil details a way to resolving the country’s enormous international debt obligations, but gives no speedy correct for its longstanding default, according to sanctions specialists and other men and women near to its major external creditors.
Venezuela’s creditors welcomed its opportunity rapprochement with the U.S. but still deal with pitfalls and uncertainties in collecting from the South American country’s bankrupt governing administration as its relations with Washington thaw.
A rollback of U.S. sanctions on Venezuelan oil details a way to resolving the country’s enormous international debt obligations, but gives no speedy correct for its longstanding default, according to sanctions specialists and other men and women near to its major external creditors.
