Venezuelan Nobel Peach Prize laureate Maria Corina Machado and opposition leader Edmundo González Urrutia said they will not participate a dialogue between representatives of the Venezuelan government and members of the National Assembly elected in 2015. File Photo by Bienvenido Velasco/EPA

July 27 (UPI) -- Nobel Peace Prize laureate María Corina Machado and opposition leader Edmundo González Urrutia said they will not participate a dialogue between representatives of the Venezuelan government and members of the National Assembly elected in 2015.

They said, however, they will not stand in the way of any initiative that produces concrete progress toward a democratic transition.

The dialogue mechanism was announced earlier this month by representatives of the government led by Vice President Delcy Rodríguez and members of the National Assembly elected in 2015, headed by Dinorah Figuera.

Both sides said the talks will formally begin Saturday and address issues that include institutional recovery, the electoral system, guarantees for political participation and the country's reconstruction after the June 24 dual earthquakes.