United States lifted sanctions against the Central Bank of Venezuela
This Tuesday, April 14, the United States Department of the Treasury made a strong decision regarding Venezuela.
TL;DR
- Sanctions have been lifted on the Venezuelan Central Bank and three other banking entities.
- OFAC's license 57 authorizes financial transactions and services with these entities.
- The Central Bank had been sanctioned since April 17, 2019.
- The lifting of sanctions is attributed to progress made under Delcy Rodríguez's interim mandate.
- This move is part of a broader shift in US-Venezuela relations, including Rodríguez being removed from the Clinton list and adjustments in the oil market.
- Other developments include the release of political prisoners, efforts to end the El Helicoide prison, and the restoration of diplomatic relations.
- Delcy Rodríguez has also made internal decisions, such as removing Alex Saab and Vladimir Padrino from their posts, though Padrino will now head the Ministry of Agriculture.