Representatives of Venezuelan President Nicolas Maduro’s government and the opposition signed a memorandum of understanding (MOU) in Mexico City on Friday night to begin talks aimed at ending a five-year political impasse and addressing the nation’s economic collapse.
The head of opposition’s delegation, former lawmaker Gerardo Blyde, said that each side’s willingness and the common understanding that Venezuela is in the midst of its “worst crisis” in modern times made it possible.
In the MOU, the parties agreed to discuss, among other topics, a schedule for elections with international observers, lifting of sanctions on Venezuela and the “restoration” of the right to
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