Venezuela Outlines Economic Resilience and Investment Opportunities at World Governments Summit 2026
At the World Governments Summit 2026 in Dubai, during a session moderated by prominent American media personality and political commentator Tucker Carlson, founder of the Tucker Carlson Network, Venezuela’s Vice President for Economy, Calixto Ortega Sánchez, shared insights into the nation’s progress in strengthening economic resilience, advancing structural reforms, and laying the foundation for new international partnerships and investment opportunities.
Ortega Sánchez emphasized Venezuela’s openness to investment, underlining the country’s improving macroeconomic indicators. He described Venezuela’s vision as building a diversified and sustainable economy to support long-term growth, and positioning the country as an active and reliable partner within the global economy.
During a session moderated by Tucker Carlson, Ortega Sánchez addressed the recent turmoil of January 3, referring to it as a “dark moment” but insisted that Venezuela must “move forward“. According to Ortega Sánchez: “**The events were passing fast. It was a very extraordinary situation. But there was a functional government in Venezuela.**”
He pointed to Venezuela’s ability to maintain economic resilience despite years of US sanctions, referencing signs of recovery and stability. Notably, Venezuela had its lowest inflation rate in 40 years in 2024 and achieved GDP growth over the past five years despite external restrictions. Ortega Sánchez stated: “**We are ready for investment and the country is open for business.**”
The Vice President highlighted Venezuela’s experience adapting to sanctions, arguing that the country could compete internationally if afforded the chance to function as a regular economy. He also announced the establishment of two new sovereign funds: one focusing on social welfare salaries and public support programmes, and the other dedicated to infrastructure development such as electricity and roads.
While noting Venezuela’s global reputation as an oil producer, Ortega Sánchez emphasized the government’s ambition to diversify the economy. “We want to be known not only for oil, but for high production levels,” he stated. Ortega Sánchez characterized the current period as “**a great opportunity for investors.**”
“If Venezuela is allowed to operate normally, we will show extraordinary growth and improvement,” Ortega Sánchez added.
Team V.4-EM-UAE
