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Announcement and signing of the memorandum of understanding between Venezuela's Acting President, Delcy Rodriguez, and ExxonMobil executives. We analyze the significance of this institutional rapprochement for the hydrocarbons sector, investment expectations, and the economic impact on the country.

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00:00we will look we heard and we're going to hear the words of the acting
00:07president of Venezuela Rodriguez good evenings and welcome to hear president
00:14of ExxonMobil he's a directive that is accompanying him today John Barron the
00:23charge the affairs that the economic welcome vice president and directive of
00:32Perveza foreign minister today is a signing very important because it's
00:40reveling negotiations that have taken months to our effective combat of Exxon
00:47mobile to operations in hydrocarbons as part of Venezuela receiving them
00:52here in Venezuela again these agreement memorandum understand a memorandum
00:59has brown camps and greens with a with a reserve significant reservists with the
01:07thousands of oil barrels we know ExxonMobil has a capacity the technology the
01:13capital to develop this in Venezuela has not only with the natural resources but
01:21also with the human resources represented at the workers of the hydrocarbon
01:28industry that's what is called completing the synergy that allowed us to success in
01:38in terms to the productive development of hydrocarbons in Venezuela and together we
01:44hope that inversions on ExxonMobil could be done in a favorable conditions also for this enterprise this
01:52international enterprise in a framework of security to guarantee their inversions and operations and
02:02that Venezuela will also have benefits to the national development for the economic growth but to be
02:10translated definitely in the daily life of the Venezuelans I hope that this
02:17memorandum could be translated into the concrete equipments and that those
02:22equipments could also have generating the results that we hope in versions of this
02:31nature so we will come you back and we hope that the future of these that you are putting into
02:41Venezuela and Venezuela is it will be in a common benefit for this U.S. enterprise
02:50a young bar and assault to the Venezuelan people to this to be really beneficial to both countries thank you
02:58very much and welcome this is the acting president of Venezuela
03:02that leads a memorandum of understanding with ExxonMobil company that is returning to the country
03:07either hydrocarbon industry these were the words of the Elsie Rodriguez acting president of Venezuela after the signing of this
03:16understanding memorandum
03:18between Venezuela and ExxonMobil and ExxonMobil as part of the information that we have in this moment
03:24it is the acting president of Venezuela together with the ExxonMobil CEOs that came and returned here to the country
03:34more information coming up in our news briefs also here in TeleStory English
03:38we will see you in the next video

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