Venezuela's government and opposition launched negotiations on Friday in Mexico that were expected to focus on sanctions and elections to try to end a crippling political and economic crisis.
Previous talks in the Dominican Republic in 2018 and Barbados the following year failed to resolve disputes centered on President Nicolas Maduro and Juan Guaido, the opposition leader considered president by about 60 countries.
The memorandum of understanding mentions the need "for sanctions to be lifted," the economy to be stabilized and any kind of political violence to be avoided. The parties are expected to meet again later this month to discuss a seven-point agenda that does not include the departure of Maduro, accused by the opposition of having been fraudulently reelected in 2018.
The South American nation's economic crisis has been deepened by a raft of fresh sanctions imposed by Washington following the contested 2018 election. Guaido on Friday spoke of the power of sanctions to put pressure on Maduro and acknowledged that "some solutions won't be easy", while warning that a failure at the negotiating table would only "deepen the conflict."
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