Latest! Large Amounts of Venezuela’s Gold Reserves Reportedly Transferred to the United States
According to several sources familiar with the matter, under the terms of the agreement being discussed, the Venezuelan government led by acting President Delcy Rodríguez will gain legal control over the gold, but will not be able to sell it immediately.
Reportedly, the potential gold reserve agreement is the result of talks between the Venezuelan government and the opposition, supported by the United States.
Venezuela has 31 tonnes of gold stored at the Bank of England. After the Venezuelan election in 2018, the US, UK, and other countries refused to recognize Nicolás Maduro as the elected president, and the Bank of England froze Venezuela’s gold on these grounds. The Maduro government has repeatedly sought to unfreeze the assets but has not succeeded.
Editor: Zhu Henan
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