Last Updated on July 30, 2024
The Joe Biden-Kamala Harris administration reduced oil sanctions on socialist Nicolas Maduro’s regime in Venezuela because Maduro agreed to hold a free and fair presidential election in 2024. Obviously, the disputed election was not free and fair, and many civilians are now rising up against the Maduro regime as criminal drug cartels also agitate against the government, stoking crisis.
For what it’s worth, the U.S. Deep State is against Maduro and supports the opposition, so the whole thing is really just a big bag of chaos. Chaos that will continue to get imported up over the U.S. southern border into a neighborhood near you!
“In response to the signing of an electoral roadmap agreement between Venezuela’s Unitary Platform and representatives of Maduro, and in support of the Venezuelan people, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today issued 4 General Licenses suspending select sanctions,” said a Biden Treasury Department press release in 2023.
“The United States welcomes the signing of an electoral roadmap agreement between the Unitary Platform and Maduro representatives. Consistent with U.S. sanctions policy, in response to these democratic developments, the U.S. Department of the Treasury has issued General Licenses authorizing transactions involving Venezuela’s oil and gas sector and gold sector, as well as removing the ban on secondary trading,” stated Biden Treasury official Brian E. Nelson.
“Treasury is prepared to amend or revoke authorizations at any time, should representatives of Maduro fail to follow through on their commitments. All other restrictions imposed by the United States on Venezuela remain in place, and we will continue to hold bad actors accountable. We stand with the Venezuelan people and support Venezuelan democracy,” Nelson stated.
Currently, political crisis is ravaging Venezuela after a failed election.
