Reuters exclusively reported that President Joe Biden’s administration is in “no rush” to lift U.S. sanctions on Venezuela but would consider easing them if President Nicolas Maduro takes confidence-building steps showing he is ready to negotiate seriously with the opposition. Signaling that the new U.S. president may be unlikely to loosen the screws on Venezuela anytime soon, a Reuters source emphasized that existing sanctions have enough special provisions to allow for humanitarian aid shipments to help Venezuelans cope with economic hardships and the COVID-19 pandemic.
Business & Finance
Reuters exclusively reported Biden in no rush to lift Venezuela sanctions, seeks ‘serious steps’ by Maduro
28 February 2021, 7:17 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Economy & Policy
Regions: Americas
Countries: Venezuela
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story