US Doubles Down on Venezuela Sanctions as Guaido Tours Europe Touting Penalties as Leverage Tool | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

US Doubles Down on Venezuela Sanctions as Guaido Tours Europe Touting Penalties as Leverage Tool

The Biden administration has rebuffed pressure from within and without to lower its destructive sanctions against Venezuela’s economy, saying that Venezuelan President Nicolas Maduro must first negotiate with Juan Guaido, a no-name Venezuelan former politician who has been championed by the US and its allies as the legitimate ruler of the country.

On Sunday, a US State Department spokesperson told Bloomberg that US sanctions would only be dropped against Venezuela after extensive reforms to end the “repression and corrupt practices” it claims Maduro’s government is engaged in. They also said Maduro would have to engage with Guaido to end the country’s political crisis, including agreeing to “free and fair elections” and the restoration of economic and political freedoms.

The statement came in response to an interview with Maduro in Caracas that Bloomberg did earlier this week, in which he called on Biden to “give real, objective, believable and verifiable signals of negotiation to restore relations between both countries in pursuit of a win-win scenario. That’s been our goal for a long time.”

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