Aug
09

U.S. Imposes Financial Sanctions on Eight More Venezuelans

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  • Trump administration seeks coordinated international action
  • Latest move stops short of a restriction on oil imports

The Trump administration expanded U.S. sanctions against Venezuela by freezing assets of eight Venezuelans as it seeks to raise pressure on the government of President Nicolas Maduro.

list released by the U.S. Treasury Department on Wednesday included Adan Chavez, brother of the late president Hugo Chavez, and Hermann Escarra, a constitutional adviser to Maduro.

Seven of those sanctioned are current or former Venezuelan government officials, the Treasury Department said in a statement. The eighth Venezuelan “participated in actions or policies that undermine democratic processes or institutions in Venezuela,” according to the statement…

U.S. Imposes Financial Sanctions on Eight More Venezuelans

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Categories : Finance

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