The Venezuelan government and opposition have agreed to meet again for talks to overcome the political crisis facing them, the parties involved said on Sunday.

Venezuelan Communication and Information Minister Jorge Rodriguez tweeted on Sunday that the two sides will continue the Norway-mediated talks.

"History will recognize the Bolivarian government's tenacious stance in favor of dialogue," Rodriguez said in a post on Twitter, along with an official announcement released by Norway, which has been acting as a mediator.

"We hope [President Nicolas Maduro's] efforts to consolidate peace and national understanding will bear fruit," the minister said.

Opposition leader Juan Guaido issued a statement, confirming the opposition's participation in the talks, which are scheduled to be held in Barbados.

"Our goal is the same: to achieve a definitive solution to the crisis in our country," Guaido said via Twitter.

However, he reiterated that the opposition's objective is to see "the end of the usurpation, a transitional government and free elections with international observers," Guaido's office said in a statement.

Norway said the two sides "will meet this week in Barbados to make progress in seeking an agreed and constitutional solution" and "the negotiations will take place in a continuous and expedited manner."

President Nicolas Maduro has repeatedly said that the dialogue "will continue" with the opposition, "for peace in Venezuela."

During a parade last Friday celebrating the country's independence, Maduro said there would be "good news" this week about the negotiations.

Venezuela is suffering from hyperinflation in an economic crisis that has forced millions to flee. The UN estimates that more than seven million Venezuelans are in need of urgent humanitarian aid.

The political deadlock between the two sides reached a critical point in January, after Guaido declared himself "interim president" of Venezuela and was immediately recognized by the United States.

Delegations representing the Venezuelan rivals met face-to-face in Oslo for the first time in late May, in a process begun two weeks earlier under Norwegian auspices to find a solution to the South American country's economic and political crises.

The Barbados talks will be the third round since May.

(With input from AFP, Reuters and Xinhua)