US issues new Venezuela-related general licenses for critical minerals, says US Treasury Department
19 Articles
19 Articles
The government announced Friday a further relief of its sanctions against Venezuela, this time with the aim of facilitating the exploitation of the country's mining resources, including operations with the state-owned company Minerven, the country's leading gold producer.Read more
US lifts sanctions on Venezuela minerals sector, including gold
The US Treasury Department has lifted further sanctions on Venezuela's gold and mineral industries, aiming to increase access to the nation's natural resources. This move follows the capture of President Nicolas Maduro and seeks to restore diplomatic and trade ties.
Washington, 27 Mar (EFE).- Donald Trump's administration softened on Friday some sanctions on Venezuela so that U.S. companies can sign contracts and invest in the mining sector of the South American country, including gold. The decision adds to the several licenses issued by the U.S. Treasury Department in recent weeks to facilitate the participation of U.S. companies in Venezuela's oil and gold sectors. The new license allows for negotiating a…
US issues new Venezuela-related general licenses for critical minerals, says US Treasury Department
LOS ANGELES, March 27 (Reuters) – The U.S. on Friday issued new, Venezuela-related general licenses for critical mineral investment and operations, according to the U.S. Treasury Department. The licenses authorize “the supply of certain items and services for minerals operations” and “negotiations of and entry into contingent contracts for certain investment in Venezuela’s minerals sector,” according to the Treasury Department websit…
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