Trump Reinstates Sanctions Against Venezuela, Averting Biden’s Policy
Donald Trump has announced the reversal of President Biden’s concessions to Venezuela under Nicolás Maduro. The action includes reinstating sanctions and terminating a concession agreement related to oil transactions. Trump’s move affects U.S. oil company Chevron and aims to hold Venezuela accountable for unmet deportation agreements. Secretary of State Marco Rubio supports the policy change, emphasizing the illegitimacy of the Maduro regime.
Former President Donald Trump has recently announced a reversal of President Joe Biden’s approach towards Venezuela. He stated via social media that his administration will reinstitute sanctions against Nicolás Maduro’s regime, specifically targeting the oil transaction agreement established in November 2022 and the electoral conditions which remain unmet by the government.
Trump expressed dissatisfaction with the Maduro administration’s failure to fulfill agreements related to the deportation of violent criminals to the United States. He formally ordered the termination of Biden’s concession agreement effective March 1st, asserting that previous concessions lacked efficacy.
This decision may significantly affect Chevron, the U.S. oil company that was permitted earlier to operate in Venezuela under Biden’s exceptions. Following Trump’s directive, Secretary of State Marco Rubio announced plans to terminate all oil and gas licenses from the previous administration that allegedly funded Maduro’s regime.
The announcement also follows a visit from Trump’s special envoy Richard Grenell to Venezuela, during which commitments regarding deportation flights were reportedly secured. Mauricio Claver-Carone, another special envoy, urged the Maduro government to respond positively to these negotiations, warning of potential consequences if they fail to comply.
In summary, Donald Trump’s administration is reinstating stricter sanctions against Venezuela, effectively reversing Joe Biden’s prior concessions. This action includes terminating oil agreements and addressing the deportation of criminals sent to the United States. The developments illustrate a significant policy shift aimed at applying pressure on the Maduro regime after a perceived lack of compliance with previous agreements.
Original Source: www.dailywire.com
