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Zenger
Zenger
Politics
Piero Cingari

US Is Easing Sanctions On Maduro Regime For Transparent Venezuelan Elections

Nicolas Maduro, president of Venezuela, waits to receive the new Colombian ambassador to Venezuela at the Miraflores presidential palace in Caracas, Venezuela on 16 August 2023. The Biden administration is in negotiations with Venezuela about temporarily eliminating punishing sanctions in exchange for a vow to host fair elections next year. PEDRO RANCES MATTEY/GETTY IMAGES

The Biden administration is engaged in talks with Venezuela, exploring the possibility of a temporary lifting of crippling sanctions in exchange for a commitment to hold fair elections next year.

Preliminary discussions have commenced, with senior officials from both the U.S. and Venezuela involved in the negotiation process. Sources familiar with the matter who requested anonymity informed Bloomberg about the ongoing talks, according to a Wednesday report.

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