Venezuela talks agree judicial reform, frozen funds

Venezuela's interim government and opposition representatives concluded a first round of reconciliation talks on August 12, 2026, following the US ouster of longtime leader Nicolás Maduro. The two sides issued a joint statement agreeing to reform the judiciary, specifically the Venezuela — Supreme Tribunal of Justice (Venezuela), and to seek access to Venezuela's frozen international reserve assets held at the United Kingdom — Bank of England to fund recovery from the devastating twin earthquakes of June 24, which left over 6,300 people dead. The agreement also calls for establishing mechanisms for transparency, traceability, and auditing of the funds. The interim government, led by President Delcy Rodríguez, was represented by her brother Jorge Rodríguez (Venezuelan politician), head of the International — National Assembly. The opposition delegation was led by Dinorah Figuera, representing the bloc that won the 2015 International — National Assembly elections. Exiled opposition leader María Corina Machado did not participate but said she would not obstruct the process. The talks are seen as a step toward potential democratic elections, though details remain to be negotiated. The agreement does not address the Nigeria — Independent National Electoral Commission, which the opposition also seeks to reform. The United States, under President Donald Trump, has supported the interim government, and Trump has praised Rodriguez's administration. Some commentators speculate Trump has vetoed Machado's return, which Washington denies.