Colombia’s Santos Wants Venezuela to Be a Democracy

The video discusses the political and economic situation in Venezuela, emphasizing the need for a democratic transition. It highlights international efforts, particularly with the U.S., to coordinate pressure on Venezuela. Colombia's significant interest in a peaceful resolution is noted due to its long border and the migration of Colombians and Venezuelans. The video also touches on Venezuela's vast oil reserves and the potential for improvement with better governance.

What is the significance of the oil reserves in Venezuela according to the speaker?

What does the speaker believe could improve the situation in Venezuela?