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Caracas, August 13, 2026 (venezuelanalysis.com) – The Venezuelan government and representatives of the defunct 2015 National Assembly announced a series of agreements after concluding a first round of talks on Wednesday. 

The two parties will conduct a process aimed at transforming the judicial system as well as promoting the recovery of Venezuela’s gold reserves frozen at the Bank of England to support the country’s reconstruction following the June 24 earthquakes.

The agreement on the judicial overhaul, presented in a joint press conference at the 5-star Melá Hotel in Caracas, effectively replaces the process the Venezuelan National Assembly had launched in May following a reform that increased the Supreme Court of Justice (TSJ) from 20 to 32 members and a preliminary evaluation of magistrate candidates. 

Instead, the delegations agreed to “renew and expand the judicial nominations committee,” launch a “new nomination process” for the appointment of all Supreme Court justices, and establish a council to review the credentials and requirements of nominees to ensure compliance with the Constitution.

The joint document signed by National Assembly President Jorge Rodríguez, on behalf of the acting Delcy Rodríguez administration, and Dinorah Figuera, representing the opposition faction, makes no reference to the National Electoral Council (CNE), an issue considered key by anti-government forces. 

Figuera had previously vowed that the dialogue process would produce a new CNE by the end of 2026. Lawmaker Tomás Guanipa said that the opposition considers it “very important” for the issue to be addressed as soon as possible in order to “radically” change the electoral authority.

The negotiators instead prioritized “the recovery of the country’s international reserve assets” held at the Bank of England, while “establishing mechanisms for transparency, traceability, and auditing in their efficient use, to guarantee the well-being of all those affected” by the June 24 double earthquake.

Since 2019, the Bank of England has refused to release 31 tons of gold reserves belonging to Venezuela, which were deposited in 2008. Successive UK governments aligned with Washington in refusing to recognize the Nicolás Maduro government as legitimate. At current gold prices, the reserves are worth approximately US $4 billion.

Wednesday’s agreement likewise included a pledge to “work on strengthening programs for housing, electricity, healthcare, and debris removal.”

Acting President Rodríguez welcomed the “first step” in the dialogue process and urged all political forces to join the talks, “putting the well-being, peace, stability, and development of the country first.”

“I trust that this process will help build a path toward better democratic coexistence among the country’s different political sectors and that it will translate into concrete benefits for Venezuelans,” Rodríguez wrote on Telegram.

Following an initial session on August 6, the delegations held daily meetings split between plenary sessions and working sessions focused on the post-earthquake emergency and judicial and electoral reforms.

Jorge Rodríguez and Figuera pledged that the talks would yield “concrete actions” with “strict compliance with commitments.” The parties are scheduled to meet again in mid-September through both in-person and virtual sessions.

Before Wednesday’s joint press conference, Figuera held separate meetings with opposition groups and NGOs. Anti-government figures demanded that the release of “political prisoners” be a priority in the dialogue framework. Far-right factions have complained that María Corina Machado was not included in the negotiations, though the Unitary Democratic Platform backing her also met with Figuera last Friday.

The latest government-opposition negotiation initiative follows previous iterations, including in the Dominican Republic (2017-18) and Barbados (2023). 

Venezuelan authorities, including Jorge Rodríguez, had fiercely condemned the defunct 2015 opposition-majority legislature for usurping functions and plundering Venezuelan assets abroad. Rodríguez went as far as proposing that Figuera and associates be stripped of their Venezuelan nationality. Despite its mandate expiring in January 2021, a group of opposition lawmakers unilaterally decided to extend the term as the body retained recognition from Washington as Venezuela’s “legitimate government.”

The Trump administration has endorsed the latest dialogue process, with the State Department calling it a “unique opportunity” for a “political transition” in Venezuela.

Edited by Ricardo Vaz in Caracas.

The latest Houthi attacks come less than 24 hours after an earlier barrage struck al-Makha (Mocha) and its commercial port.

Yemen’s Houthis have launched a new wave of missile and drone attacks on the Red Sea port city of al-Makha (Mocha), extending an assault on government-held areas along Yemen’s western coast and killing at least 11 people.

The latest attacks came on Sunday evening, less than 24 hours after an earlier barrage struck al-Makha and its commercial port. Yemeni government forces said air defences intercepted six drones during the renewed assault, while two ballistic missiles fell into the sea without hitting their targets.

Footage broadcast by the Houthi-affiliated Al Masirah TV showed several ballistic missiles and drones being launched. Houthi military spokesman Yahya Saree said the operation targeted Saudi troop concentrations and weapon depots in the area, according to the Reuters news agency.

At least 11 killed

Earlier on Sunday, Attacks on al-Makha killed at least 11 people, including eight military personnel and three civilians, and wounded 32 others, according to the latest toll cited by the AFP news agency.

The strikes also caused extensive damage at al-Makha’s port. Government authorities said buildings and commercial facilities were hit, while The Associated Press reported damage to port infrastructure, commercial goods and food supplies.

Government forces also said they intercepted and destroyed an unmanned explosive boat approaching the commercial port.

During the renewed attacks later on Sunday, the National Resistance Forces, which are aligned with Yemen’s internationally recognised government, urged residents of al-Makha to remain indoors, accusing the Houthis of carrying out indiscriminate shelling.

Houthis say Saudi military buildup prompted attack

The Houthis said the operation involved a large number of ballistic missiles and drones and was launched in response to an alleged continued Saudi military buildup, including the reinforcement of allied forces with weapons and equipment along Yemen’s western coast and in Taiz province.

Houthi political council member Hizam al-Assad separately claimed that continuing explosions, fires and columns of smoke from the port were caused by large quantities of weapons and military equipment stored there.

Attacks extend to al-Khokha

The escalation was not limited to al-Makha, but also targeted the al-Khokha district, south of the coastal city of Hodeidah.

Al-Jumhuriya television, which is affiliated with the National Resistance Forces led by Presidential Leadership Council member Tareq Saleh, said the government-appointed governor of Hodeidah, al-Hassan Taher, survived an assassination attempt on Sunday after a Houthi ballistic missile struck his residence in the district.

USC coach Lincoln Riley said he is glad to have the Trojans’ annual rivalry game with Notre Dame back without compromising the Trojans’ biggest need.

The schools announced they agreed to a four-year series starting in 2030 during Week 1 of the season at the Coliseum. The following year the teams will play in Week 1 at Notre Dame Stadium. The 2032 and 2033 games will be played during Week 1-3 of the season.

“We felt like the best thing for our program was to play this game early in the season,” Riley said. “As I’ve said publicly, we’re a part of a conference. We have a conference schedule to answer to. We don’t make our own schedule, we don’t choose our own kickoff times. And so with that, we have much less flexibility and so it made more sense for us to play this game in a traditional nonconference window.”

Riley, who took many jabs locally and nationally for letting one of college football’s most prestigious rivalry series expire, has been steadfast in noting the inequity between USC playing Notre Dame amid a grueling Big Ten schedule and independent Notre Dame’s ability to surround the contest with less taxing matchups to aid its College Football Playoff push.

Ultimately, both schools said they valued the rivalry and they found a way to reach an agreement announced Monday.

USC owns a 37-53-5 all-time record against Notre Dame, excluding the Trojans’ 2005 victory, which was later vacated due to NCAA sanctions (original record: 38-53-5). Riley is 1-3 during his Trojans tenure against the Irish. The teams battle for the Jeweled Shillelagh.

“I think this benefits everyone,” Riley said. “I think this benefits USC. I think this benefits Notre Dame. I think this benefits college football. This is important. We know its important to our fan base, we know it’s important to alumni, we know it’s important to former players and coaches.”