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US reinstates sanctions against Venezuela

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The United States of America has changed its sanctions policy on Venezuela. The reason is the pressure on the Venezuelan opposition.

The United States has renewed sanctions against Venezuela, particularly in the oil, gas and gold mining sectors. This was reported by the press service of the US State Department on Tuesday, January 30.

This happened because of the Nicolás Maduro regime’s repression of the opposition and the restriction of the participation of opposition candidates in the presidential elections.

The State Department noted that due to the lack of progress on the part of the Maduro regime regarding the participation of all presidential candidates in this year’s elections, including those from the opposition Unitary Platform, the United States will not go beyond April 18 the temporary suspension of sanctions against Caracas, which facilitated the work of Venezuela’s oil and gas sectors.

In addition, the United States will revoke the license allowing operations involving Minerven, the Venezuelan state-owned gold mining company. All US business agents involved with this company are given two weeks to cease any transactions with Minerven.

Let’s recall that in October 2023, the United States suspended sanctions against Venezuela’s oil and gas sector after the country’s government entered into an agreement with the opposition to prepare for new presidential elections.

Washington has lifted restrictions on Venezuela’s oil and gas deals for six months. The US government also approved agreements with Venezuelan gold mining company Minerven.

A week ago, Venezuela arrested 32 people, including military and civilians, for allegedly plotting to assassinate President Nicolas Maduro.

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Source: korrespondent

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