Venezuela hopes to have gold frozen by Britain returned in order to buy food and medical supplies amid Covid-19 pandemic

Venezuela has reached a deal

Venezuela has reached a deal with the United Nations to use its gold – frozen by the Bank of England – to fund necessary food and medical purchases during the Covid-19 outbreak, Reuters reported, citing the nation’s central bank.

The news comes two weeks after the Central Bank of Venezuela launched legal action against the Bank of England, demanding the release of more than $1 billion in gold.

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