US lifts sanctions on Venezuela’s acting president Delcy Rodríguez
US lifts sanctions on Venezuelan interim leader Delcy Rodríguez
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The US government has lifted sanctions on Venezuela's acting president, Delcy Rodríguez, a move aimed at normalizing relations between the two countries. This follows the abduction of her predecessor, Nicolás Maduro, and his wife, who are facing drug trafficking charges in New York. The lifting of sanctions, announced by the Treasury Department, allows Rodríguez to work more freely with US companies and investors. Rodríguez expressed hope that this progress would lead to further easing of sanctions against Venezuela. Sanctions were initially imposed on Rodríguez and her brother in 2018 for allegedly undermining Venezuelan democracy. The Trump administration has since been working with Rodríguez to implement a plan to attract international investment and open up the country to private capital.
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AI-ExtractedIn March, the US Treasury issued a broad authorisation allowing PDVSA to directly sell oil to US companies.
The sanctions were imposed during Trump’s first term over their alleged role in undermining Venezuelan democracy.
Rodríguez expressed hope for US-Venezuelan relations.
US has lifted sanctions on Venezuela’s acting president, Delcy Rodríguez.
Nicolás Maduro and his wife were taken to New York after their abduction in January to face charges of alleged drug trafficking.
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