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Barack Obama issued a presidential order on 9 March 2015 declaring Venezuela a "threat to [U.S.] national security", and ordered the Treasury Department to freeze property and assets of seven Venezuelan officials [15] [16] it held responsible for human rights abuses, repression and at least 43 deaths during demonstrations.
U.S. National Security Advisor John R. Bolton said the sanction was "aimed at restricting U.S. transactions with the bank and cutting off the bank's access to U.S. currency", as a warning to Russia and others. [60] United States Secretary of the Treasury Steven Mnuchin stated that the sanction was to prevent the Central Bank "from being used as ...
The United States Department of the Treasury placed sanctions affecting Venezuela's gold industry in March 2019, explaining that Maduro's government "is pillaging the wealth of Venezuela while imperiling indigenous people by encroaching on protected areas and causing deforestation and habitat loss". [97]
Maduro and his aides have always rejected sanctions by the U.S. and others, saying they are illegitimate measures that amount to an "economic war" designed to cripple Venezuela.
The U.S. Treasury Department on Wednesday announced new sanctions on over 300 entities and individuals aimed at cutting off Russia's access to products and services needed to sustain military ...
The U.S. imposed sanctions on Venezuela to punish Maduro's government following a 2018 election that Washington considered a sham. Since 2019, U.S. sanctions have banned PDVSA from exporting its ...
Russia–Venezuela relations include cooperation between Russia and Venezuela in areas of common concern, such as their common status as oil exporters, and policy toward the United States. [1] Venezuela is Russia's most important trading and military ally in Latin America . [ 2 ]
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 ...