President Donald Trump has announced a reversal of President Joe Biden’s sanctions relief to Nicolás Maduro’s government in Venezuela. This reversal includes terminating oil and gas licenses that benefited Maduro. Additionally, Trump cited non-compliance by the Maduro regime regarding the deportation of criminals to the U.S. This decision poses challenges for U.S. companies like Chevron, which operate in Venezuela.
This week, President Donald Trump announced that his administration will be reversing President Joe Biden’s recent decision to ease sanctions against Nicolás Maduro’s government in Venezuela. Trump expressed his opposition on social media, stating, “We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, on the oil transaction agreement, dated November 26, 2022, and also having to do with Electoral conditions within Venezuela, which have not been met by the Maduro regime.”
Trump further articulated that the Maduro regime has failed to comply with previous agreements regarding the deportation of criminals into the United States, remarking, “the regime has not been transporting the violent criminals… back to Venezuela at the rapid pace that they had agreed to.” He announced the termination of the Biden ‘Concession Agreement,’ which is set to take effect on March 1st.
This policy shift poses a challenge for Chevron, the U.S. oil company that received permission to operate in Venezuela in 2022. Secretary of State Marco Rubio also affirmed Trump’s directive to end all oil and gas licenses granted during Biden’s administration, which he described as having “shamefully bankrolled the illegitimate Maduro regime.”
The announcement came after special envoy Richard Grenell’s visit to Venezuela, where he reportedly secured commitments from the Maduro government for deportation flights from the United States. Mauricio Claver-Carone, Trump’s special envoy to Latin America, emphasized the significance of adhering to Grenell’s message, indicating that there would be “consequences otherwise.”
In conclusion, President Donald Trump’s recent directive to retract concessions made to Nicolás Maduro represents a decisive shift in U.S. foreign policy toward Venezuela. This shift, which includes terminating sanctions relief and oil licenses, highlights the administration’s stance against the Maduro regime. Furthermore, it emphasizes a commitment to addressing criminal deportations and reinforces Trump’s approach to Latin American relations.
Original Source: www.dailywire.com
