Trump Administration Eases Venezuela Bank Sanctions
🌐 Foreign Policy · First Term (2017–2021) · 🤖 AI-categorized
The Trump administration eased sanctions on Venezuela's state-run financial system to boost the country's economy. Venezuela's government-run bank and financial institutions can now legally use U.S. currency, directly receive oil sales revenue, and reenter the U.S.-controlled global financial system. This action aims to stabilize Venezuela's damaged economy amid public worker protests.
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https://www.treasury.gov