White House considers Nicaragua sanctions for Venezuela links

Wednesday, 15 November 2017, 06:49:07 AM. The Venezuelan opposition met with members of Donald Trump’s administration last week to urge the White House to sanction Nicaragua and a company whose joint venture they say is helping to prop up the government in Caracas.
The Venezuelan opposition met with members of Donald Trump’s administration last week to urge the White House to sanction Nicaragua and a company whose joint venture they say is helping to prop up the government in Caracas, according to multiple sources familiar with the conversations. Five Venezuelan opposition party officials and activists met Thursday on Capitol Hill with U.S. State Department officials and staffers for the Senate Foreign Relations and House Foreign Affairs Committees. They urged Washington to investigate President Nicolas Maduro’s ties to Nicaragua and specifically the private company Albanisa, a joint venture between the Venezuelan state owned-oil company, PDVSA, and its Nicaraguan counterpart. “There are operations that PDVSA has with other countries that should be investigated and should be included in the sanctions, such as the company PDVSA created with Nicaragua, Albanisa,” Carlos Vecchio, national coordinator of the Voluntad Popular party in Venezuela, told McClatchy. All options are on the table. National Security Council spokesperson Vecchio, in the meetings with the State Department and members of Congress, charged that Albanisa is involved in corruption, money laundering and financing for the Maduro regime. Albanisa officials could not be immediately reached for comment. Trump launched a series of financial sanctions to punish Venezuela and its leaders in July after Maduro held a vote, widely panned as fraudulent, that started the process of...Read more
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