US to ease some economic sanctions on Venezuela: Reports

ANI
18 May 2022, 00:57 GMT+10

Washington [US], May 17 (ANI/Sputnik): The United States is going to ease some economic sanctions on Venezuela in an effort to encourage resumed talks between Caracas and the opposition, Associated Press reported on Tuesday, citing US officials.

The move will allow Chevron Corp. to negotiate its license with Venezuela's PDVSA, but not to drill or export any petroleum of Venezuelan origin, the report said.

In addition, Washington will reportedly lift sanctions on Carlos Erik Malpica-Flores, a former high-ranking PDVSA official and nephew of Venezuela's first lady. (ANI/Sputnik)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South America Times.

More Information

null in null

International

Section

Warsaw responds to migration pressure with new border controls

SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...

Deadly July 4 flash floods renew alarm over NWS staffing shortages

WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...

Putin fires transport chief, later found dead in suspected suicide

MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...

Thousands gather in Himalayas as Dalai Lama celebrates 90th birthday

DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...

Fans perform WWII-era Fascist salute at Marko Perković’s mega concert

ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...

U.S. Treasury Secretary says Musk should steer clear of politics

WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...

Latin America

Section