Venezuelan opposition leader Juan Guaidó on Tuesday proposed a deal with President Nicolás Maduro using the sanctions relief as an incentive.
He called for free presidential, parliamentary, regional and municipal elections, with international observers and support. The opposition boycotted elections which international groups said were rigged.
Guaidó also offered massive humanitarian aid, Covid-19 vaccinations and the release of political prisoners.
His proposal includes support from the international community and incentives for the regime, including the gradual lifting of sanctions.
Recently, Maduro has done what some have interpreted as gestures of goodwill towards the Biden administration. He signed an agreement with the United Nations World Food Program to provide meals for more than a million children, appointed two opposition lawmakers to the five-person national electoral council and transferred six Citgo executives imprisoned in residence monitored.
Guaidó is recognized by the United States and dozens of other countries as the rightful leader of Venezuela. He has made little progress in removing Maduro from power.
The proposal represents a significant change in tone for Guaidó, who has taken a strong stance in the past. The Biden administration has said its policy in Venezuela is under review.
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