Venezuela’s next presidential election remains unscheduled following Nicolás Maduro’s January 2026 capture by U.S. forces and the installation of Delcy Rodríguez as acting president by the Supreme Tribunal of Justice. Formal talks between the interim government and select opposition representatives, launched August 1, 2026, center on reforming the National Electoral Council, updating voter rolls, and restoring participation guarantees as part of a U.S.-backed three-phase transition emphasizing stabilization and economic recovery before any vote. Opposition voices including María Corina Machado have floated timelines as early as early 2027, while government figures and external analysts stress the need for institutional changes that could extend the process into 2028. These negotiations and the absence of a confirmed CNE overhaul or constitutional trigger continue to shape expectations around timing and conditions.