US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

While Price insists it’s business as usual when it comes to Venezuela, the US has eased sanctions very slightly. After Maduro resumed talks with the opposition in November, the US granted a license to Chevron to resume pumping oil in Venezuela and agreed to release $3 billion in Venezuelan funds that were frozen by US and European banks. Under the deal, the funds will go toward humanitarian and economic development projects.

Previously:

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

The parallel AN will appoint a five-person “Administration and Asset Protection Council” to manage resources. The “interim government” had recurring budgets assigned by the US Treasury Department, drawing funds from frozen accounts belonging to the Venezuelan state. Last week, the US Senate approved US $50 million for “democracy promotion” programs in Venezuela for 2023.

At the time of writing, the US has yet to comment on the reconfiguration of the opposition structures. However, the proposal was reportedly run by US officials during meetings with opposition representatives in Washington.

In the run-up to Thursday’s vote, Assistant Secretary of State for Western Hemisphere Affairs Brian Nichols stated in an interview that the Biden administration would follow whatever the anti-government majority decided. An anonymous spokesperson from the US National Security Council likewise told Reuters that the White House would continue recognizing the “interim government” “regardless of the form it takes.”

Next up: Leopoldo López or Henrique Capriles?!

Related:

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Colombia’s First Leftist President Charts a New Path on Venezuela + Government of Venezuela and Opposition Resume Mexico Talks

Colombia’s First Leftist President Charts a New Path on Venezuela

While critics derided the meeting as just another propaganda spectacle for Maduro, Petro has sent a signal to opposition parties in Colombia and the international community, particularly the United States, to rethink its approach if they hope to improve relations and achieve a successful political transition in Venezuela.

Related:

The recognition of Juan Guaidó as interim president of Venezuela will end in 2023, according to two sources close to the opposition

Guaidó’s possible change of status occurs just as the opposition coalition establishes the rules to select the unitary candidate who will compete in the next presidential elections in 2024.

So Biden can support a new interim president for Venezuela.

Government of Venezuela and Opposition Resume Mexico Talks: What Is on the Table? (+Alex Saab)

Still skeptical of Gustavo Petro.

Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market

Venezuela’s Oil Output Stutters as ‘Irrational’ US Sanctions ‘Imbalance’ Global Market

However, in a recent address to the press, the US president clarified that resuming oil exports from Venezuela was only one of several options. “There’s a lot of alternatives. We haven’t made up our mind yet,” he told reporters after calling the OPEC+ decision a “disappointment.” Washington has demanded that the Maduro government re-engages in talks with the opposition as a precondition for any changes to its sanctions policy.

Related:

US Plans To Ease Venezuela Sanctions To Let Chevron Pump Oil There Again—Reports

USAID’s New Stage of Pressure and Interference against Venezuela + PSUV Approval Rating Almost Triples That of All Opposition Parties Combined in Venezuela

USAID’s New Stage of Pressure and Interference against Venezuela

Related:

Latest Poll: PSUV Approval Rating Almost Triples That of All Opposition Parties Combined in Venezuela

Venezuelan Foreign Minister: Washington Intends to Silence Venezuela’s Fight Against Drug Trafficking (+Statement)

US Judge Upholds ConocoPhillips $8.5B Award, Venezuela Rejects ‘Unlawful’ Ruling

Caracas, August 24, 2022 (venezuelanalysis.com) – A Washington D.C. federal judge has granted US oil corporation ConocoPhillips final approval to enforce a multi-billion arbitration award against Venezuela.

US Judge Upholds ConocoPhillips $8.5B Award, Venezuela Rejects ‘Unlawful’ Ruling

Related (original behind a paywall):

ConocoPhillips Gets $8.5B Venezuela Award OK’d In DC