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Biden eases oil sanctions on Maduro in exchange for resuming dialogue with the opposition

2022-05-17T17:27:26.536Z


Washington allows the oil company Chevron to negotiate its license with the Venezuelan state-owned PDVSA


The Joe Biden government has decided to make a gesture and soften some of its sanctions on Venezuela to try to favor dialogue between the Nicolás Maduro regime and the opposition.

The United States continues to recognize the interim government of Juan Guaidó as the legitimate one, but is aware that it needs to take realistic steps to advance the democratization of the country.

The decisions have been made in contact with the Venezuelan opposition.

The changes are not of great material importance, but they are a gesture.

In addition, a senior administration official has stated that additional steps can be taken if the dialogue evolves favorably and reversed if not.

With its new decision, the Government will allow the US oil company Chevron to negotiate its license with the state oil company, PDVSA, but not to drill or export oil of Venezuelan origin.

In addition, according to the AP agency, Carlos Erik Malpica Flores, a high-ranking executive of PDVSA and nephew of the first lady of Venezuela, will be excluded from the list of sanctioned people.

After the Russian invasion of Ukraine, the governments of the United States and Venezuela moved closer to each other.

Venezuelan oil comes to have a greater strategic value with the sanctions against Russia for the war.

There have been contacts between representatives of both governments and also meetings between US officials and the main opposition coalition.

The announcement about Venezuela comes the day after the Joe Biden Administration decided to reverse the toughest sanctions imposed by the previous US president, Donald Trump, on Cuba.

A high-ranking Administration official has disassociated these announcements from each other and has also pointed out that they are not directly related to the upcoming Summit of the Americas in Los Angeles in the first half of June, to which the United States has not invited Cuba, Venezuela and Nicaragua.

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Source: elparis

All news articles on 2022-05-17

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