This bill would authorize the U.S. Development Finance Corporation (DFC) to invest in Venezuela by removing Venezuela from a list of countries designated as "countries of concern" under the BUILD Act of 2018. Currently, the DFC is prohibited from making investments in countries on this list, which has included Venezuela due to concerns about governance and political conditions. By passing this legislation, Congress would give the DFC the authority to provide financing and investment support for projects and businesses in Venezuela. The bill does not specify funding amounts or timelines for investments. This measure would significantly shift U.S. policy by enabling official American development finance to flow into Venezuela for the first time in recent years.
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