Home » US, EU and Canada have announced readiness to review sanctions against Venezuela

US, EU and Canada have announced readiness to review sanctions against Venezuela

by Edie Jenkins

The United States, the European Union and Canada note the progress made in restoring democratic institutions in Venezuela and, in this regard, are ready to revise their sanctions policy towards that country. This statement was made by US Secretary of State Anthony Blinken, Canadian Foreign Minister Mark Garneau and European diplomat Joseph Borrell.

“We welcome the substantial and credible progress in rebuilding the main democratic processes and institutions in Venezuela, and intend to revise the sanctions policy on the basis of significant progress in the global negotiations,” the statement said. website EU diplomatic service.

The US, EU and Canada also called for the creation of conditions for elections in Venezuela that meet international standards of democracy. This includes local and regional elections scheduled for November this year. Western countries pledged to resolve the humanitarian crisis in Venezuela and welcomed the agreement on free access to humanitarian aid: food, medicine and essentials in the event of a pandemic.

The United States imposed sanctions on Venezuela in 2014, the most painful of which relate to the oil and financial industries. In March 2021, the White House announced that the United States would not lift the sanctions against Venezuela, while acknowledging that they had not led to the desired result.

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