The agreement between Washington and Caracas comes just a day after the Venezuelan government and opposition reached a deal in Barbados — mediated by Norway — to hold elections in late 2024. (Photo: AFP)
WASHINGTON – The United States will ease some oil and gas sanctions against Venezuela after the South American country’s government and opposition agreed to hold elections next year.
In response to those “democratic developments,” the US Treasury Department “has issued General Licenses authorising transactions involving Venezuela’s oil and gas sector and gold sector,” and is “removing the ban on secondary trading”…
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