Trump Signs Executive Order Imposing Sanctions on Venezuelan Government Assets

Trump Signs Executive Order Imposing Sanctions on Venezuelan Government Assets

WASHINGTON, Aug 6 (NNN-SPUNTIK) – Washington’s decision to block Venezuelan government’s property in US jurisdiction has entered into force starting from August 5.

US President Donald Trump has signed executive order to block property of Venezuelan government, the White House said.

The executive order is targeting Venezuelan central bank, PDVSA oil company.

Venezuela has been suffering a humanitarian and political crisis that intensified in January when US-backed opposition leader Juan Guaido illegally declared himself the country’s interim president after disputing Nicolas Maduro’s re-election.

The United States and some other countries have backed Guaido, while Russia, China, Cuba, Bolivia, Turkey and a number of other countries have said they recognize constitutionally-elected Maduro as the only legitimate president of Venezuela.

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