Maduro ally makes rare appearance at Venezuela business group assembly

Venezuela’s President Nicolas Maduro talks to Venezuela’s Vice President Delcy Rodriguez during a meeting with representatives of the Venezuelan automotive sector in Caracas, Venezuela July 12, 2019. Miraflores Palace/Handout via REUTERS

CARACAS, July 20 (Reuters) – Venezuelan business chamber Fedecamaras on Tuesday received Vice President Delcy Rodriguez for the opening of its annual assembly, a sign of easing tensions between business leaders and the socialist government following decades of bitter rivalry.

A 2002 coup against late socialist leader Hugo Chavez briefly installed a Fedecamaras chief as Venezuela’s de facto president. The group for years said business was crippled by indiscriminate expropriations and price controls carried out by the ruling Socialist Party.

But President Nicolas Maduro’s surprise 2019 liberalization of the economy has allowed for some opportunities after years of economic contracting and hyperinflation, leading to a quiet…

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