Negotiations to gradually lift U.S. sanctions on Venezuela began in March. According to Blinken, the sanctions were imposed “not permanently” and can be lifted in the pursuit of “restoring democracy”
US Secretary of State Anthony Blinken
The United States did not impose sanctions against Venezuela forever and can remove them in the case of “correct behavior”; authorities of the country. This was stated at a press conference after the summit of the Americas by US Secretary of State Anthony Blinken.
“Sanctions are not something permanent. If we see changes, sanctions can be lifted. There is no purpose to keep them indefinitely. The goal is to encourage countries, regimes to behave correctly, especially when it comes to restoring democracy, — said the Secretary of State.
He added that, “according to the latest data,” the Venezuelan authorities and opposition have an intention to return to the Mexican capital for negotiations, and the United States supports such plans.
The United States is on against the backdrop of mass protests in 2019 in Venezuela supported opposition leader Juan Guaido, and former President Donald Trump proclaimed him the head of the country. Washington also imposed sanctions against Venezuelan President Nicolas Maduro and his entourage, imposed restrictions on the export and import of oil.
After Russia launched a special operation in Ukraine and imposed sanctions against Moscow on the supply of oil, US representatives resumed dialogue with Caracas about easing sanctions on oil exports, Reuters wrote. On May 18, Venezuelan Vice President Delcy Rodriguez confirmed the lifting of US sanctions on the operation of foreign oil companies in the country. On the same day, the Speaker of the National Assembly of Venezuela, Jorge Rodriguez, met with a representative of the Venezuelan opposition for the first time since October 2021.
On June 10, Reuters, citing documents from the state oil company Petroleos de Venezuela, reported that the first oil tanker chartered to carry 650,000 barrels of crude for Italy's Eni had arrived in Venezuelan waters. The cargo of Venezuelan crude oil will be the first for Eni after the US permission, allowing the resumption of the oil-for-debt swap, the agency writes.
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