# Venezuela-US economic and asset transfer developments

> Live situation record from CLSTR: https://clstr.news/situations/venezuela-us-economic-and-asset-transfer-developments
> Updated: 2026-09-18T05:49:20.000Z. Sources: 13. Developments: 2.

Venezuela is engaging in significant economic shifts involving the transfer of high-value assets and commodities to the United States. 

In mid-September 2026, Venezuela prepared to resume aluminum shipments to the U.S. for the first time in several years. The shipment, consisting of approximately 15,000 metric tons produced by the state-owned smelter Venalum, is part of a broader minerals and metals partnership involving Mercuria Energy Group and Heeney Capital. These operations rely on authorizations from the U.S. Treasury Department’s Office of Foreign Assets Control to navigate existing sanctions.

Simultaneously, the Venezuelan government and opposition are reportedly nearing an agreement to transfer approximately $4 billion in central bank gold reserves from the Bank of England to the Federal Reserve Bank of New York. As reported by the Financial Times, the deal would grant the interim government led by Delcy Rodríguez legal control over the 31 metric tons of bullion. 

Under the proposed terms, the gold would be prohibited from immediate sale and would instead serve as collateral for government loans. These funds are intended to support public spending and reconstruction efforts following the devastating twin earthquakes that occurred in June. If finalized, the agreement would resolve a seven-year legal and diplomatic dispute that began in 2019 when the United Kingdom and other nations recognized opposition leader Juan Guaidó as the legitimate president, leading the Bank of England to withhold the reserves. This development is viewed as a significant step in the US-backed negotiation process between the Venezuelan interim government and the opposition.

## Claims

- Venezuela's government and opposition are nearing an agreement to transfer gold reserves to the US. (corroborated by 9 sources)
- The gold reserves are valued at approximately $4 billion. (corroborated by 9 sources)
- The gold reserves would be moved from the Bank of England to the Federal Reserve Bank of New York. (corroborated by 9 sources)
- Delcy Rodriguez's interim government would gain legal control of the gold but cannot sell it immediately. (corroborated by 9 sources)
- The gold could be used as collateral for government loans to fund reconstruction after June's earthquakes. (corroborated by 9 sources)
- The transfer would end a seven-year dispute over the reserves that began in 2019. (corroborated by 9 sources)
- The Bank of England has held approximately 31 metric tons of Venezuelan gold. (corroborated by 9 sources)
- US President Donald Trump is scheduled to hold a bilateral meeting with Delcy Rodriguez at the UN General Assembly. (single source)

## Timeline

### 2026-09-18: Venezuela negotiates transfer of $4B gold reserves to New York

Venezuela and its opposition are negotiating to move $4 billion in gold reserves from the Bank of England to the New York Federal Reserve to be used as loan collateral.

9 sources. https://clstr.news/cluster/venezuela-nears-deal-to-move-4-billion-in-gold-to-the-us

### 2026-09-16: Venezuela to resume aluminum shipments to the United States

Venezuela plans to send 15,000 metric tons of aluminum to the U.S. in its first such shipment in years, driven by a multi-billion dollar minerals deal involving Mercuria and Heeney Capital.

4 sources. https://clstr.news/cluster/venezuela-to-resume-aluminum-shipments-to-the-united-states

---
Cite as: Venezuela-US economic and asset transfer developments. CLSTR, https://clstr.news/situations/venezuela-us-economic-and-asset-transfer-developments