E.U. Ministers Approve Venezuela Arms Embargo
- 7 years ago
E.U. Ministers Approve Venezuela Arms Embargo
In a statement, the Maduro administration called the new European restrictions "illegal, absurd and ineffective." Also on Monday, the government, seeking to ease Venezuela’s economic crisis and avoid a default, began talks in Caracas on renegotiating a crushing foreign debt
that has drained its treasury of money to import food and medicine.
The ministers also established the legal framework for sanctions, including travel bans
and the freezing of assets, against government officials, a step the Trump administration has taken against dozens of Venezuelan government officials, including Mr. Maduro.
calls upon the government to urgently restore democratic legitimacy, including through free and fair elections, and on the opposition to continue engaging in a united manner towards a negotiated solution to the current tensions, in the interest of the country." Opposition leaders in Venezuela announced last week
that they planned to resume stalled face-to-face negotiations with the Maduro administration this week in the Dominican Republic.
Nothing should really surprise." Mr. Maduro has said he hopes to restructure Venezuela’s $63 billion in bonds, most of them issued by the government
and the state-run oil company, Petróleos de Venezuela, known as Pdvsa.
13, 2017
CARACAS, Venezuela — The foreign ministers of the European Union approved an arms embargo against Venezuela on Monday as part of what they
called "restrictive measures" to pressure the administration of President Nicolás Maduro to strengthen the rule of law and democracy.
The European Union’s foreign ministers cited those elections, which were scarred by allegations of fraud
and electoral trickery, as an impetus for its decision on Monday, and they called on the Maduro administration to allow "a comprehensive and independent audit" of the results.
In a statement, the Maduro administration called the new European restrictions "illegal, absurd and ineffective." Also on Monday, the government, seeking to ease Venezuela’s economic crisis and avoid a default, began talks in Caracas on renegotiating a crushing foreign debt
that has drained its treasury of money to import food and medicine.
The ministers also established the legal framework for sanctions, including travel bans
and the freezing of assets, against government officials, a step the Trump administration has taken against dozens of Venezuelan government officials, including Mr. Maduro.
calls upon the government to urgently restore democratic legitimacy, including through free and fair elections, and on the opposition to continue engaging in a united manner towards a negotiated solution to the current tensions, in the interest of the country." Opposition leaders in Venezuela announced last week
that they planned to resume stalled face-to-face negotiations with the Maduro administration this week in the Dominican Republic.
Nothing should really surprise." Mr. Maduro has said he hopes to restructure Venezuela’s $63 billion in bonds, most of them issued by the government
and the state-run oil company, Petróleos de Venezuela, known as Pdvsa.
13, 2017
CARACAS, Venezuela — The foreign ministers of the European Union approved an arms embargo against Venezuela on Monday as part of what they
called "restrictive measures" to pressure the administration of President Nicolás Maduro to strengthen the rule of law and democracy.
The European Union’s foreign ministers cited those elections, which were scarred by allegations of fraud
and electoral trickery, as an impetus for its decision on Monday, and they called on the Maduro administration to allow "a comprehensive and independent audit" of the results.