U.S. Eases Sanctions on Venezuela

The US has eased sanctions imposed on Venezuela’s central bank in the latest sign of improving relations between the Trump administration and the interim Venezuelan government led by Delcy Rodríguez.

The move comes just over three months after US military forces seized Venezuelan leader Nicolás Maduro in a raid in the capital, Caracas, and took him to New York to stand trial on drug trafficking charges.  The US treasury department issued a licence authorising commercial links with the Venezuelan state-run central bank and a number of other major state-run Venezuelan financial institutions.  It means that they will be able to legally use US dollars and re-enter the global financial market.