US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

While Price insists it’s business as usual when it comes to Venezuela, the US has eased sanctions very slightly. After Maduro resumed talks with the opposition in November, the US granted a license to Chevron to resume pumping oil in Venezuela and agreed to release $3 billion in Venezuelan funds that were frozen by US and European banks. Under the deal, the funds will go toward humanitarian and economic development projects.

Previously:

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

Advertisement