this post was submitted on 30 Oct 2026
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[–] Jabril@hexbear.net 12 points 6 days ago* (last edited 6 days ago)

All we can look to is what we know, and unfortunately there has been little detail made publicly available. What we do know, is that they are clearly differentiating between what they think is important to keep and what they are willing to sacrifice in order to be seen as "changed enough" to continue getting sanctions lifted, economic stimulus, infrastructure repair, and they are openly trying to get the gold back as well. They are absolutely backed in a corner but they are pretty clearly negotiating from a position that still maintains a desire to get something that will benefit Venezuela, which we've already seen in their ability to turn back on entire electricity plants that had been shuttered due to sanctions, restoring electricity that has been unstable for years to millions of people. They have already rebuilt and repaired hundreds of homes since the earthquakes. They have stabilized inflation, increased economic input, and made a lot of promises that they seem keen on delivering.

As far as what each asset is, the only public articles I've seen so far have said that every oil, gas, and mineral contract so far as been a lease, as well as the only factories I've seen mentioned. Every single one is described as a 15-30 year contract which essentially means a private company is going to rebuild and repair industry that has been shut down because of sanctions, or build new infrastructure. In every case, the lease is with the state company. This is all the info I've been able to find, if someone else sees any evidence of anything specific being privatized, we can look at it when it happens. China has private businesses, small businesses, factory owners, etc. A country decimated by decades of sanctions bringing in private investment to non-essential assets isn't the death knell of a movement made up of millions of people.