CARACAS – Four months after January 3, Venezuela’s political process is beginning to take clearer shape. The country is not moving through a democratic transition. Instead, it is moving toward economic normalization without meaningful political conditions—a strategy the government of Delcy Rodríguez is pursuing with notable tactical discipline.
The sequence of recent events suggests a coherent plan rather than improvisation: a new agreement with Chevron in the Orinoco Belt; OFAC General Licenses 56 and 57; Rodríguez’s registration under the U.S. Foreign Agents Registration Act (FARA) as a presidential candidate; the unilateral termination of the
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