Venezuela “new government” could get $10B in trade financing –Mnuchin

WASHINGTON, (Reuters) – A group of finance ministers is working on a $10 billion package of trade finance that could be made available to help Venezuela out of its economic and humanitarian crisis once a new government is put in place, U.S. Treasury Secretary Steven Mnuchin said yesterday.

A group of 20 mostly Western finance ministers that met earlier this week in Washington is “going to be working on trying to put together a consortium of about $10 billion of trade finance that would be available for the new government to spark trade,” Mnuchin said in a press conference.