AIRLINK 74.45 Increased By ▲ 0.20 (0.27%)
BOP 5.09 Increased By ▲ 0.04 (0.79%)
CNERGY 4.43 Increased By ▲ 0.01 (0.23%)
DFML 38.37 Increased By ▲ 2.53 (7.06%)
DGKC 90.50 Increased By ▲ 2.50 (2.84%)
FCCL 22.74 Increased By ▲ 0.54 (2.43%)
FFBL 33.11 Increased By ▲ 0.39 (1.19%)
FFL 9.79 No Change ▼ 0.00 (0%)
GGL 10.95 Increased By ▲ 0.15 (1.39%)
HBL 116.30 Increased By ▲ 0.40 (0.35%)
HUBC 135.70 Decreased By ▼ -0.14 (-0.1%)
HUMNL 9.90 Increased By ▲ 0.06 (0.61%)
KEL 4.63 Increased By ▲ 0.02 (0.43%)
KOSM 4.79 Increased By ▲ 0.13 (2.79%)
MLCF 40.70 Increased By ▲ 0.82 (2.06%)
OGDC 138.25 Increased By ▲ 0.35 (0.25%)
PAEL 26.70 Increased By ▲ 0.27 (1.02%)
PIAA 26.24 Decreased By ▼ -0.04 (-0.15%)
PIBTL 6.65 Decreased By ▼ -0.11 (-1.63%)
PPL 123.34 Increased By ▲ 0.44 (0.36%)
PRL 26.90 Increased By ▲ 0.21 (0.79%)
PTC 14.15 Increased By ▲ 0.15 (1.07%)
SEARL 59.28 Increased By ▲ 0.58 (0.99%)
SNGP 71.20 Increased By ▲ 0.80 (1.14%)
SSGC 10.44 Increased By ▲ 0.08 (0.77%)
TELE 8.59 Increased By ▲ 0.03 (0.35%)
TPLP 11.30 Decreased By ▼ -0.08 (-0.7%)
TRG 64.83 Increased By ▲ 0.60 (0.93%)
UNITY 26.13 Increased By ▲ 0.08 (0.31%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,872 Increased By 34.2 (0.44%)
BR30 25,596 Increased By 136.3 (0.54%)
KSE100 75,227 Increased By 296.6 (0.4%)
KSE30 24,222 Increased By 76.1 (0.32%)

imageCARACAS: Venezuela's government and opposition leaders will meet Sunday in a bid to open a dialogue about the country's deepening political crisis, both sides announced.

An agreement to hold talks was reached Saturday at a regional summit in Cartagena, Colombia. A representative from the Vatican will also take part, officials said.

"A process of dialogue is being established with opposition groups," Foreign Minister Delcy Rodriguez said in a speech during the Ibero-American Summit in Cartagena on Saturday.

Opposition leader Jesus Torrealba of the Democratic Unity Roundtable (MUD) coalition group said late Saturday that although the dissident coalition agreed to take part in the talks, it did so with feelings of "skepticism and distrust."

The talks were scheduled amid heightened political turmoil in Venezuela, where opposition leaders have vowed to try to hold a legislative trial to remove President Nicolas Maduro from power.

Venezuela is suffering a deep economic crisis -- despite boasting the world's largest oil reserves -- because of falling crude prices.

The economic upheaval has fed social and political unrest, and dissidents have vowed to topple Maduro, the hand-picked successor of late socialist president Hugo Chavez.

Maduro for his part has threatened to jail his political enemies, while street riots rage and food shortages persist.

Rodriguez said Sunday's meeting aims to end "anti-constitutional, anti-democratic" actions by Venezuela's dissidents.

Meanwhile, the MUD in a statement reiterated its demands that the government respect the constitutional right to a referendum on removing Maduro from office, and that it free imprisoned activists.

It was not immediately clear where Sunday's talks would take place.

Opposition leaders have rejected the proposed location of Isla Margarita, a Venezuelan island in the Caribbean Sea, and insists they be held in Caracas.

Dissident leaders on Friday held a partially-observed strike in Venezuela, and recent days have seen fierce clashes involving riot police and pro- and anti-government activists.

Protests earlier in the week drew hundreds of thousands, and the opposition threatened to stage another demonstration this week at the presidential palace.

Maduro last week tried to mollify struggling workers by offering a 40 percent increase in the minimum wage, equivalent to about $140 (127 euros) a month.

However, economic analysts said the pay raise would do little good in a country where the International Monetary Fund estimates inflation this year will hit 475 percent.

Venezuela's opposition-majority legislature last week declared that Maduro's government had committed a coup d'etat by blocking a referendum on removing him from power, vowing mass protests and international pressure.

The measure came during an emergency session on the economic and political crisis gripping the South American oil giant.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed.