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Venezuela's lawmakers began debating a mining bill on March 9, 2026, to attract foreign investment, regulate the sector, and boost the economy after U.S. intervention removed Maduro.
Venezuelan lawmakers began debating a mining bill on March 9, 2026, aimed at attracting foreign investment by regulating the sector, protecting investors, and formalizing operations in the Orinoco Mining Arc.
Proposed by acting President Delcy Rodríguez, the bill follows the U.S. military intervention that removed former President Nicolás Maduro in January and includes provisions to ban high-ranking officials from mining titles and establish dispute arbitration.
The legislation seeks to boost the economy amid instability, restore investor confidence after past expropriations, and address environmental and security challenges from illegal mining.
The U.S. has eased sanctions, issuing a license for Minerven, and is pushing for access to Venezuela’s critical minerals.
The bill must pass further debate and public review before becoming law.
Los legisladores de Venezuela comenzaron a debatir un proyecto de ley de minería el 9 de marzo de 2026, para atraer inversiones extranjeras, regular el sector y impulsar la economía después de que la intervención de Estados Unidos eliminara a Maduro.