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Sovereign Pragmatism: Venezuela’s Turn to Save Its Oil · Global Voices
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Venezuela redefines its oil sovereignty: the National Assembly approves the reform of the Hydrocarbon Law to break the blockade after the kidnapping of Nicolás Maduro. Through the new Productive Participation Contracts (CPP), the State gives operational management to the private sector to convert the world’s largest reserves into immediate resources for economic recovery and social welfare. The sovereign Pragmatism charge: Venezuela’s turn to sa…
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