The United States of America reimposed sanctions on Venezuela on Tuesday following the detention of opposition members and the exclusion of candidates from running in the current presidential election by Venezuelan President Nicholas Maduro and his delegates
The Biden-led administration is reimposing some of Venezuela’s economic sanctions, threatening to reimpose the remainder if Nicolas Maduro does not lift the prohibition on opposition candidates.
A National Security Council official confirmed on Monday night that the Treasury Department will stop facilitating transactions with Venezuela’s state-owned gold mining company in two weeks. The reprieve for Venezuela’s oil and gas sectors—the hardest U.S. penalties—will expire in April, they warn, “unless the Maduro [government] and his representatives in Venezuela are able to get back on track with allowing all presidential candidates to run.”
The National Security Council official further stated the United States’ position is ensure that democracy is upheld in Venezuela as he posited “We have stated unequivocally that everyone who wishes to run for president should be given the chance, and that they have a right to guarantees of their physical safety, freedom of movement, and fairness in the electoral process. “Maduro and his delegates must change their direction,”