Washington says that unless President Nicolas Maduro relents Venezuelan opposition, the sanctions on Caracas will be in place.
The Maduro regime is hostile to the US, especially the Biden administration that wants him to support sanctions against Vladimir Putin.
US To Apply Maximum Pressure on Venezuela
According to several media outlets, the US will apply "maximum pressure" on Venezuela via sanctions. Remarked sources, President Joe Biden, will sustain his predecessor Donald Trump's bellicose strategy, reported RT.
They added that they reduce penalties under certain circumstances. Since Russia initiated its military campaign in Ukraine, various analysts have recommended some form of relief for Venezuela from American blockades.
The White House has conveyed readiness to relieve some sanctions against Venezuela if President Nicolas Maduro goes to meet with opposition figures, unidentified officials cited by the Miami Herald, McClatchy, and Reuters said last Tuesday that Washington's general policy would then stay constant.
The United States has identified activist Juan Guaido as the "interim president" of the country.
According to an unnamed US official familiar with the situation, sanctions against the Maduro regime will remain in place. There will be no change in Trump's high-pressure campaign or policy, cited Islam Times.
During his time in office, former President Donald Trump used maximum pressure strategies against several countries, the most noteworthy of which are Iran and Venezuela, enforcing layer after layer of punitive measures to seclude and debilitate their economies, noted Mass News.
If implemented, lifting sanctions might allow oil giant Chevron to start negotiations for future investment in Venezuela, as US companies are currently effectively banned from doing so.
Washington says Chevron can do business on a limited basis as part of activities in Venezuela; President Nicolas Maduro should allow the US to dictate affairs that are not acceptable to him.
Chevron would need additional approval before entering into any sort of arrangement.
US Baits the Maduro Regime
Venezuelan Vice President Delcy Rodriguez said on Tuesday, according to Reuters, that her administration hopes incomplete sanctions relief will open the path for the total removal of restrictions.
Carlos Erik Malpica-Flores, a former high-ranking Venezuelan energy official and a relative of Maduro's wife, could be removed from the US sanctions blocklist under the proposed deal, stated the source, mentioned the Irish Sun.
They added that any additional relief would be conditional on the results of talks in Mexico City and that the initial offer had been organized with opposition figures.
A US official stressed that it should be done in coordination with Juan Guaido, the interim president, to move the talks forward. He went on to say that it was something they thought would help the talks progress.
Earlier this month, the US State Department restated its support for Guaido, declaring it remains dedicated to the "peaceful restoration of democracy" in Venezuela.
Talks about relieving sanctions pursue a March meeting between a US delegation and counterparts in Venezuela, in which they managed to negotiate the release of two American detainees.
Oil of the hotly discussed topics is oil that America wants at its disposal via an energy deal that the White House denied. Especially after the Ukraine incursion that has impacted globally.
Venezuela has a large oil reserve that the US covets, but its sanctions have cut production to 600,000 barrels a day. A petroleum deal could stop an economic crisis in the country. Washington wants President Nicolas Maduro to allow it to allegedly dictate affairs favorable to gain a foothold in the Americas again.
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