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Venezuela and U.S. Discuss Alleged Agreement Breach

by Daisy Mae D.
04/14/2024
in Compliance, Sanctions

Venezuelan and American officials have recently convened to address concerns raised by Venezuela regarding an alleged breach of a previously brokered agreement. The agreement, facilitated by Qatar, was intended to pave the way for the lifting of sanctions against Venezuela. According to reports, tensions have escalated over issues surrounding sanctions and electoral processes.

The meeting between Venezuelan and American delegations took place in Mexico City, focusing on immigration matters and the terms outlined in the Qatar-mediated negotiations. A statement released by Jorge Rodríguez, the president of the Venezuelan National Assembly, highlighted Venezuela’s assertion of the U.S. administration’s failure to adhere to the agreed-upon schedule for lifting sanctions.

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Additionally, reports suggest that a separate undisclosed meeting occurred in Mexico involving Venezuelan President Nicolás Maduro and American representatives, including Daniel P. Erikson, to address concerns about Venezuela’s electoral process. The purpose of this meeting was to evaluate whether to reinstate sanctions against Venezuela.

The sanctions against Venezuela, initially scheduled for lifting on April 18, have been subject to ongoing scrutiny. Recent actions by the U.S. government, including the extension of a national emergency declaration, have contributed to the persistence of these sanctions. The sanctions, spanning multiple administrations, encompass restrictions on Venezuelan government assets and the oil sector.

The U.S. State Department has also accused the Maduro administration of unjustly detaining key opposition figures, prompting concerns about the state of democracy in Venezuela. The U.S. reaffirmed its commitment to working with international allies to uphold democratic principles in the country.

Reports from October 2023 highlighted negotiations in Qatar between the U.S. and Venezuela, resulting in a tentative agreement for free and fair elections in Caracas. The agreement aimed to pave the way for the easing of American sanctions, contingent upon international monitoring of Venezuela’s electoral process. Qatar’s role in these negotiations was noted for its neutrality and expanding diplomatic presence in Latin America.

Find the latest supply chain report news at The Supply Chain Report. For international trade tools, see ADAMftd.com.

#Venezuela #US #AgreementBreach #Diplomacy #SanctionsDialogue

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