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Barbados Agreement

Why The United States Is Reimposing Sanctions On Venezuela

Even the US business magazine Forbes expressed surprise at the reimposition of US sanctions on Venezuela’s gold sales and its threat to do the same with oil. The oil sanctions especially, if reinstated, would precipitate higher gas prices and further debilitate the Venezuelan economy, forcing more people to leave the country out of economic necessity. The Venezuelan government, for its part, has not been contrite. Vice President Delcy Rodríguez protested “the wrong step of intensifying economic aggression against Venezuela.” She warned that if Washington takes the threatened measures, Venezuela will cancel repatriation flights returning Venezuelan immigrants back from the US.
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