The Los Angeles Post
U.S. World Business Lifestyle
Today: April 15, 2025
Today: April 15, 2025

U.S. engaging with Venezuela amid sanctions reconsideration -official

United States Assistant Secretary of State for Western Hemisphere Affairs Brian A. Nichols visits El Salvador
April 26, 2024

By Julia Symmes Cobb and Marianna Parraga

Bogota/Houston (Reuters) - The U.S. continues to engage with representatives from the government of President Nicolas Maduro of Venezuela, State Department official Brian A. Nichols said on Tuesday, as the Biden administration considers whether to reinstate energy sanctions on the country.

The U.S. has said the Maduro government failed to meet certain conditions to avoid an reversal of some or all of the October relaxations.

"We are continuing to engage in conversations with Maduro representatives as well as close consultations with the democratic opposition in Venezuela, around finding ways to create the conditions for a more democratic, prosperous and secure Venezuela," Nichols said during a virtual event hosted by the Atlantic Council.

Washington wanted the Maduro government take steps to lift public office bans on opposition candidates as well as begin work to release political prisoners and "wrongfully detained" Americans by Nov. 30.

Maduro's administration has begun meeting only one of those requirements, allowing opposition figures barred from public office to appear before the country's top tribunal, which will rule on their bans, to defend their cases.

"The Maduro authorities need to demonstrate the courage to allow a serious opposition candidate to run in the election," Nichols said. "That process needs to conclude by the time of invoking of a formal election."

The winner of the opposition's 2024 presidential primary, Maria Corina Machado, is among those barred from office.

"The major change going forward is making sure that (Machado's) views are taken into account," he said.

The sanctions relaxation has meant previous illicit trade of oil is moving back into the formal sector, Nichols added.

"(This is) good for us consumers because we're getting oil and other products into our markets," he said.

The release of "wrongfully detained" Americans is "incredibly important" to U.S. Secretary of State Antony Blinken, Nichols said. Savoi Wright, a fourth U.S. citizen arrested, has been added to the list of those held unfairly.

Washington issued a six-month general license authorizing U.S. transactions with Venezuela's oil and gas sector and a second license authorizing operations of state gold mining company Minerven.

It also removed a U.S. prohibition on secondary-market trading of Venezuelan sovereign bonds, all in response to a deal between the government and the opposition on the election.

The U.S. has not specified which of the sanctions-easing measures could be reversed first.

(Reporting by Julia Symmes Cobb and Marianna Parraga)

Share This

Popular

Americas|Business|Economy|Political

Mexico hopes to renew tomato agreement with the US

Mexico hopes to renew tomato agreement with the US
Americas|Environment|Political|World

Mexican govt negotiating with states about water they can send to US under deal, Sheinbaum says

Mexican govt negotiating with states about water they can send to US under deal, Sheinbaum says
Americas|Business|Economy

Canadian home sales post weakest March since 2009 on tariff uncertainty

Canadian home sales post weakest March since 2009 on tariff uncertainty
Americas|Crime|Political|US

Judge to consider Trump's compliance with order over wrongly deported man

Judge to consider Trump's compliance with order over wrongly deported man

Americas

Americas|Election|Political

EU observers "categorically" reject Ecuador election fraud allegations

EU observers "categorically" reject Ecuador election fraud allegations
Americas|Asia|Business|Economy|Technology

Apple airlifted iPhones worth a record $2 billion from India in March as Trump tariffs loomed

Apple airlifted iPhones worth a record $2 billion from India in March as Trump tariffs loomed
Americas|Business|Economy|Finance|Political

Canada to spare automakers, other sectors from some tariffs on US imports

Canada to spare automakers, other sectors from some tariffs on US imports
Americas|Crime|Political|US

Judge in Colorado puts temporary hold on removals sought by Trump under 18th century wartime law

Judge in Colorado puts temporary hold on removals sought by Trump under 18th century wartime law

Access this article for free.

Already have an account? Sign In