US Sanctions on Venezuela Can Hit Third Parties, Says National Security Advisor John Bolton
Bolton's clarification came after President Donald Trump ordered a freeze on all Venezuelan government assets in the US and barred transactions with its authorities.
Lima, August 6: United States sanctions against Venezuela's government announced on Monday include the authorization of penalties against "foreign persons" who provide support for the regime, National Security Advisor John Bolton said on Tuesday. Colombia to Authorize Nationality for 24,000 Venezuelan Children.
"I want to be clear that this sweeping executive order authorizes the US government to identify, target and impose sanctions on any persons who continue to provide support to the illegitimate regime of Nicolas Maduro," said Bolton at a meeting in Lima to discuss Venezuela's political crisis. Bolton's clarification came after President Donald Trump ordered a freeze on all Venezuelan government assets in the US and barred transactions with its authorities.
"We are taking this step to deny Maduro access to the global financial system and to further isolate him internationally," added Bolton. Delegates from some 60 countries, most of whom support opposition leader Juan Guaido's challenge to Maduro's authority, were meeting in Lima on Tuesday to discuss ways of ending Venezuela's political crisis.
Venezuela has been mired in a political impasse since January when Guaido proclaimed himself acting president, quickly receiving the support of more than 50 countries, including the US.
(The above story first appeared on LatestLY on Aug 06, 2019 10:21 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).