Summary
Venezuela’s interim President Delcy Rodriguez asked the United States to remove all sanctions harming Venezuela’s economy. This request came after the US Treasury allowed some financial transactions with Venezuelan banks, but Rodriguez said this was not enough to fix the country’s economic crisis.
Key Facts
- Delcy Rodriguez is the interim President of Venezuela and was sworn in about four months ago.
- The US Treasury recently allowed new licenses for some transactions with Venezuelan banks and individuals.
- Rodriguez says more sanctions must be lifted to attract foreign investment to Venezuela.
- Venezuela faces a severe economic crisis, with problems blamed on government issues and US sanctions.
- Rodriguez previously served as vice president under former President Nicolas Maduro.
- President Donald Trump prioritizes opening Venezuela to foreign investment and controlling its oil and mineral policies.
- The US has eased some sanctions since Maduro’s removal and reopened its embassy in Caracas.
- Venezuela’s government approved laws to ease oil and mining restrictions and passed an amnesty bill for political prisoners.
