Exclusive: Venezuela wins grace period on loan deals with China, sources say

Exclusive: Venezuela wins grace period on loan deals with China, sources say

CARACAS (Reuters) – The Venezuelan government has negotiated a deal with Chinese banks for a grace period until the end of the year on some $ 19 billion in loans repaid from oil shipments, three sources say in Caracas , aware of the situation.

FILE PHOTO: Venezuelan President Nicolas Maduro speaks during the Venezuelan National Journalism Award ceremony in Caracas, Venezuela on June 29,…

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