{"id":108222,"date":"2026-10-29T17:30:32","date_gmt":"2026-10-29T21:30:32","guid":{"rendered":"https:\/\/theinformant.com\/?p=108222"},"modified":"2026-10-29T17:30:45","modified_gmt":"2026-10-29T21:30:45","slug":"oliver-blanco-venezuela-foreign-minister-2026","status":"publish","type":"post","link":"https:\/\/theinformant.com\/?p=108222","title":{"rendered":"DELCY RODR\u00cdGUEZ APPOINTS FORMER OPPOSITION FIGURE OLIVER BLANCO AS VENEZUELA&#8217;S NEW FOREIGN MINISTER"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>CARACAS, Venezuela \u2014 October 29, 2026.<\/strong> Venezuela&#8217;s interim President Delcy Rodr\u00edguez appointed Oliver Blanco, a diplomat with a background in the opposition Democratic Action party, as the country&#8217;s new foreign minister Thursday, reshuffling her diplomatic leadership amid efforts to rebuild international relationships and recover Venezuelan gold reserves held in the United Kingdom.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Blanco replaces F\u00e9lix Plasencia, who will become director of International Affairs at the Presidency. Rodr\u00edguez said Plasencia&#8217;s immediate assignment will be to pursue the return of Venezuelan gold deposited at the Bank of England, an issue that has remained unresolved for years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">DELCY RODR\u00cdGUEZ ANNOUNCES DIPLOMATIC LEADERSHIP CHANGE<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Rodr\u00edguez announced Blanco&#8217;s appointment during a government address broadcast by state television network Venezolana de Televisi\u00f3n.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The interim president said the decision was intended to strengthen Venezuela&#8217;s diplomatic team and expand international cooperation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She expressed hope that the new leadership would advance changes in the country&#8217;s foreign relations and improve cooperation with governments around the world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The appointment comes during a period of political and economic adjustments under Rodr\u00edguez&#8217;s interim administration.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government has sought to restore diplomatic channels while negotiating changes to state institutions and economic policy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">WHO IS OLIVER BLANCO?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Oliver Blanco, 34, is a Venezuelan international relations specialist who graduated from the Central University of Venezuela.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He previously participated in Democratic Action, a political party historically associated with the Venezuelan opposition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His background also includes political communications and institutional relations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Blanco became vice minister for Europe and North America in February 2026, a position that involved diplomatic engagement with governments on both sides of the Atlantic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He subsequently assumed additional responsibilities as first vice minister of Foreign Affairs and International Trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His appointment as foreign minister represents a promotion within an administration in which he had already been serving.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FORMER OPPOSITION AFFILIATION DRAWS ATTENTION<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Blanco&#8217;s previous involvement with Democratic Action has attracted attention because the party has historically opposed the governments led by Hugo Ch\u00e1vez and Nicol\u00e1s Maduro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His appointment brings a former opposition-affiliated figure into one of the most senior positions in Venezuela&#8217;s executive branch.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, his previous party membership does not establish that he currently represents Democratic Action or the broader opposition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Blanco had already joined the government&#8217;s diplomatic structure before receiving the foreign minister portfolio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The appointment therefore reflects a change in leadership within the existing administration rather than an opposition takeover of the foreign ministry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">F\u00c9LIX PLASENCIA MOVES TO PRESIDENTIAL INTERNATIONAL AFFAIRS<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Outgoing Foreign Minister F\u00e9lix Plasencia will assume a new position as director of International Affairs at the Presidency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Plasencia had been appointed foreign minister in July 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His new responsibilities will include strategic diplomatic assignments directed by Rodr\u00edguez.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The interim president specifically instructed him to focus on recovering Venezuelan gold reserves held in London.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She indicated that Plasencia should work from the United Kingdom while pursuing the matter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reassignment keeps the experienced diplomat involved in Venezuela&#8217;s international negotiations despite his departure from the foreign ministry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">VENEZUELA SEEKS RETURN OF GOLD HELD AT BANK OF ENGLAND<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Venezuelan government has renewed efforts to recover gold reserves deposited at the Bank of England.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The holdings have been subject to legal and political disputes since 2019, when questions arose over which Venezuelan authorities were entitled to control the assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reserves are currently estimated to be worth approximately $2 billion, although their market value fluctuates with gold prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rodr\u00edguez has argued that the assets belong to Venezuela and should be returned to the country&#8217;s central bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The British institution&#8217;s continued custody of the gold has become a central issue in Caracas&#8217; diplomatic relationship with London.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government has not announced a final agreement securing the return of the reserves.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">GOVERNMENT AND OPPOSITION COOPERATE ON GOLD RECOVERY EFFORTS<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The gold dispute has also become part of negotiations between Rodr\u00edguez&#8217;s administration and a sector of the Venezuelan opposition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During talks held in August, representatives reached an agreement to pursue the recovery of international reserve assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On October 21, government and opposition negotiators agreed to establish a joint commission to advance discussions with British authorities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The commission is intended to coordinate diplomatic and legal efforts involving the assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Opposition representative Dinorah Figuera has participated in the negotiations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The initiative demonstrates an area of cooperation between political groups that remain divided over broader questions concerning Venezuela&#8217;s government and democratic transition.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">RODR\u00cdGUEZ ORDERS NEW LEGAL AND DIPLOMATIC ACTION<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On October 28, one day before Blanco&#8217;s appointment, Rodr\u00edguez instructed the foreign ministry and the Attorney General&#8217;s Office to begin additional proceedings aimed at recovering the gold.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The interim president said Venezuela would continue pressing British authorities to release the assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She also referenced previous negotiations and agreements concerning the reserves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In July, Rodr\u00edguez sent a letter to King Charles III requesting assistance in securing their return.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Venezuelan government has said the funds could support reconstruction and public services, including recovery efforts following earthquakes that affected the country in June.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the eventual use of the assets would depend on whether the legal and diplomatic obstacles can be resolved.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">VENEZUELA AND UNITED KINGDOM RESTORE DIPLOMATIC CONTACTS<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Caracas and London have recently taken steps to improve bilateral relations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In September, the two governments announced plans to appoint ambassadors after a period of reduced diplomatic representation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The renewed engagement has created additional opportunities for discussions concerning Venezuelan assets held abroad.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nevertheless, the gold dispute remains complicated by previous court proceedings and questions about the legal authority to control the reserves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Diplomatic negotiations do not automatically override judicial decisions or banking requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The appointment of Plasencia to oversee the issue signals that Caracas intends to continue pursuing a negotiated resolution.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">APPOINTMENT COMES AMID BROADER POLITICAL CHANGES<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Blanco&#8217;s appointment coincides with additional announcements concerning Venezuela&#8217;s political and economic future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rodr\u00edguez has discussed reforms to electoral institutions, judicial procedures and government administration.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She has also outlined plans to increase private-sector participation in parts of the economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On October 29, the interim president said her administration was reviewing nonessential state assets that could potentially be offered to private businesses or returned to former owners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">She also discussed wage adjustments and future elections under a renewed electoral authority.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These initiatives form part of the government&#8217;s stated plans for institutional and economic changes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Their implementation and long-term effects remain uncertain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">WHAT HAPPENS NEXT?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Blanco is expected to assume responsibility for Venezuela&#8217;s diplomatic relations and international cooperation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His priorities will include managing relations with European governments, North American partners and other countries involved in Venezuela&#8217;s economic and political transition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Plasencia will focus on presidential diplomatic assignments, particularly the effort to recover gold reserves held in Britain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Further negotiations with British authorities and the joint government-opposition commission may determine whether progress is possible.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For now, the appointment places a former opposition-affiliated diplomat at the head of Venezuela&#8217;s foreign ministry while the interim government continues seeking international engagement and access to state assets held overseas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CARACAS, Venezuela \u2014 October 29, 2026. Venezuela&#8217;s interim President Delcy Rodr\u00edguez appointed Oliver Blanco, a diplomat with a background in the opposition Democratic Action party, as the country&#8217;s new foreign minister Thursday, reshuffling her diplomatic leadership amid efforts to rebuild international relationships and recover Venezuelan gold reserves held in the United Kingdom. Blanco replaces F\u00e9lix [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":108223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2209,2192],"tags":[],"class_list":["post-108222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oliver Blanco Named Venezuela Foreign Minister by Delcy Rodr\u00edguez<\/title>\n<meta name=\"description\" content=\"Delcy Rodr\u00edguez appoints Oliver Blanco as Venezuela&#039;s foreign minister while F\u00e9lix Plasencia takes charge of efforts to recover gold held in Britain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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