Venezuela's government and opposition agree to renew Supreme Court, pursue London gold

Venezuela's interim government and opposition representatives have agreed on a framework to renew the country's Supreme Court and to jointly pursue the recovery of gold reserves held in the Bank of England, according to MercoPress. The agreement was reached during the latest round of talks following the change of government in Caracas.

The London-held gold, worth hundreds of millions of dollars, has been frozen for years amid a legal dispute over who represents Venezuela internationally. Both sides described the joint claim as an early sign of cooperation as the transitional administration works to stabilize state institutions.

Talks are expected to continue on further judicial and economic reforms as Venezuela navigates its post-Maduro transition. Analysts say resolving the gold dispute and restructuring the courts could help unlock frozen international assets and rebuild investor confidence.