The United States imposed sanctions on Friday on Venezuela's development ba...
WASHINGTON/CARACAS - The United States imposed sanctions on Friday on Venezuela’s development bank, Bandes, a day after the Trump administration warned there would be consequences for the arrest by Venezuelan authorities of opposition leader Juan Guaido’s top aide.
In a statement, Venezuela’s foreign ministry said it “energetically rejects the unilateral, coercive, arbitrary and illegal measures” taken by the Trump administration. It said the sanctions would affect millions of Venezuelan people and companies who use the banks. Guaido’s chief of staff, Roberto Marrero, was detained in a pre-dawn raid on Thursday, sparking vows of reprisals from the United States, which along with most Western countries backs Guaido as Venezuela’s rightful leader.
Venezuelan authorities said on Thursday that an arms cache had been seized from Marrero’s house and accused him of planning attacks against political figures. Guaido said guns had been planted by intelligence agents.The U.S. Treasury said Maduro tried to move $1 billion out of Venezuela through Banco Bandes Uruguay in early 2019 as he came under increasing pressure from the United States and other countries in the region to step down.
But the sanctions on Bandes could test Beijing’s ties with Caracas, since it would impede Venezuela from restructuring its $20 billion debt with China, opposition lawmaker Angel Alvarado said on Friday.
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