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Venezuelan parliament passes law opening mining sector to private capital amid rapprochement with US


The law repeals the Mining Law in force since 1999, enacted by decree under then-President Hugo Chávez using special powers
Venezuela’s National Assembly unanimously approved on Thursday a new 131-article Organic Mining Law that opens the door to private and foreign investment in the mining sector, on a day also marked by police repression of thousands of workers who marched to demand an increase in the minimum wage, frozen since 2022.



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