ANL 29.68 Increased By ▲ 1.38 (4.88%)
ASC 20.22 Decreased By ▼ -0.03 (-0.15%)
ASL 24.98 Decreased By ▼ -0.12 (-0.48%)
BOP 8.28 Increased By ▲ 0.03 (0.36%)
BYCO 10.31 Increased By ▲ 0.17 (1.68%)
FCCL 22.20 Increased By ▲ 0.28 (1.28%)
FFBL 26.70 Decreased By ▼ -0.05 (-0.19%)
FFL 20.25 Increased By ▲ 0.15 (0.75%)
FNEL 9.03 Increased By ▲ 0.09 (1.01%)
GGGL 27.40 Increased By ▲ 1.15 (4.38%)
GGL 45.63 Increased By ▲ 3.01 (7.06%)
HUMNL 7.28 Increased By ▲ 0.08 (1.11%)
JSCL 21.85 Increased By ▲ 0.45 (2.1%)
KAPCO 39.60 Increased By ▲ 0.41 (1.05%)
KEL 3.91 Increased By ▲ 0.05 (1.3%)
MDTL 3.64 Increased By ▲ 0.10 (2.82%)
MLCF 45.54 Increased By ▲ 1.54 (3.5%)
NETSOL 161.80 Increased By ▲ 3.29 (2.08%)
PACE 7.45 Increased By ▲ 0.25 (3.47%)
PAEL 33.30 Increased By ▲ 0.50 (1.52%)
PIBTL 11.15 Increased By ▲ 0.11 (1%)
POWER 9.20 Increased By ▲ 0.09 (0.99%)
PRL 23.90 Increased By ▲ 0.95 (4.14%)
PTC 12.12 Increased By ▲ 0.29 (2.45%)
SILK 1.79 Increased By ▲ 0.03 (1.7%)
SNGP 50.60 Increased By ▲ 1.10 (2.22%)
TELE 17.04 Increased By ▲ 1.24 (7.85%)
TRG 162.50 Increased By ▲ 4.30 (2.72%)
UNITY 40.80 Increased By ▲ 0.80 (2%)
WTL 3.67 Increased By ▲ 0.15 (4.26%)
BR100 5,189 Increased By ▲ 64.21 (1.25%)
BR30 26,249 Increased By ▲ 598.06 (2.33%)
KSE100 47,758 Increased By ▲ 305.07 (0.64%)
KSE30 19,110 Increased By ▲ 124.84 (0.66%)

Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,529
6724hr
Pakistan Cases
1,043,277
3,58224hr
7.19% positivity
Sindh
387,261
Punjab
358,387
Balochistan
30,627
Islamabad
88,344
KPK
145,306
World

Venezuela's Maduro says willing to establish 'new path' with US

  • The renewed support for Guaido follows the swearing in of a new pro-Maduro Venezuelan National Assembly following December elections boycotted by the opposition, who claimed fraud.
24 Jan 2021

CARACAS: Venezuelan President Nicolas Maduro said Saturday he was willing to "turn the page" with the US under President Joe Biden, calling for a "new path" after years of tension with Donald Trump's White House.

"We are willing to walk a new path in our relations with Joe Biden's government based on mutual respect, dialogue, communication and understanding," the leftist leader told supporters, adding that he "is willing to turn the page" with the new US administration.

Trump's government had slapped multiple economic sanctions on Venezuela, including an oil embargo in place since 2019, in an attempt to overthrow the socialist regime of Maduro, whom the US has labeled a dictator.

After years of a frosty relationship Caracas and Washington fully broke diplomatic ties on January 23, 2019, when the US government recognized opposition leader Juan Guaido as Venezuela's interim president.

After Biden won the US presidential election in November, Maduro congratulated the longtime politician, saying Venezuela was "ready for dialogue and good understanding with the people and government of the United States," repeating those sentiments again in December.

Analysts believe the Biden administration will take a more moderate stance on Venezuela and will support international mediation for the transition towards a new government.

That said, Biden's nominee for secretary of state, Anthony Blinken, has already described Maduro as a "brutal dictator," and during his Senate confirmation hearing said he supported Trump's policy of backing Guaido.

The renewed support for Guaido follows the swearing in of a new pro-Maduro Venezuelan National Assembly following December elections boycotted by the opposition, who claimed fraud.

The new parliament technically left Guaido, the chamber's former speaker, without a job, although he plans to maintain a parallel body of shadow opposition lawmakers that has gained foreign backing.

According to the UN, more than five million Venezuelans have left the country since 2015, fleeing political and economic turmoil.