Venezuela Says US Unfreezing Sanctioned Funds

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Venezuela Says US Unfreezing Sanctioned Funds
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The United States has started unblocking Venezuelan funds that were frozen under sanctions, the South American country’s interim president said in the latest sign of rapprochement between long-term foes.

Caracas has been under US sanctions, including an oil embargo, since 2019, following Nicolas Maduro’s first disputed claim to reelection the previous year.

“We are unfreezing resources from Venezuela that belong to the Venezuelan people,” Delcy Rodriguez, acting as president since Maduro’s toppling in a deadly US military operation on January 3, said on state TV.

“This will allow us to invest significant resources in equipment for hospitals — equipment we are acquiring in the United States and in other countries.” She did not specify the amount. (AFP)

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