U.S. Lifts Sanctions Against Venezuelan Leader Delcy Rodriguez
The U.S. has lifted sanctions against Venezuelan interim President Delcy Rodriguez, facilitating the reopening of embassies and potentially enabling control over Venezuelan companies abroad. The move signals a step toward improved bilateral relations, as Rodriguez looks to strengthen cooperation and prepare oil firm PDVSA's U.S. subsidiaries for change.
The United States has removed sanctions against Delcy Rodriguez, the interim President of Venezuela. The decision was confirmed by the Treasury Department and comes just months after the capture of Venezuela's then-President Nicolas Maduro. The move aims to bolster relations between Washington and Caracas.
Following the formal recognition of Rodriguez as Venezuela's leader in March, her government is set to reopen embassies and regain control of Venezuelan businesses abroad. Rodriguez views this as a significant step to normalize relations and promote bilateral cooperation.
Sources indicate that Rodriguez's administration is preparing to take control of the boards of PDVSA's U.S. subsidiaries. Despite speculation about her visiting the U.S. to meet with President Trump, no official meeting has occurred. Her administration's legal challenges, however, continue with the Trump administration reportedly building a case against her.
ALSO READ
-
US Lifts Sanctions on Venezuela's Acting President Delcy Rodríguez
-
U.S. Lifts Sanctions on Venezuelan Interim President
-
U.S. Lifts Sanctions on Venezuelan Leader Delcy Rodriguez
-
U.S. Lifts Sanctions on Venezuelan Interim President Delcy Rodriguez
-
Shell Eyes Major Expansion in Venezuelan Offshore Gas Fields
Google News