Offer to loosen US sanctions on Venezuela 'not indefinite,' Guaido says

CARACAS: A US offer to loosen sanctions against Venezuela's government"is not indefinite" and could be reversed if the ruling party does not return to talks with the opposition, opposition leader Juan Guaido said on Monday .

"We are willing to revise the sanctions and we have ratified that with a view to an agreement. If they don't sit at the negotiating table again, the offer is not indefinite," Guaido told Reuters in an interview. Neither the Venezuelan government nor the US State Department responded immediately to requests for comment.

Washington's recognition allowed the opposition to assume control of Venezuelan foreign assets like Citgo, a subsidiary of state oil company PDVSA. US authorities have protected those foreign assets from creditors seeking debt re-payments. He criticized investors and businesses who have called for changes to sanctions so that debt payments and imports can resume, saying the effort is misguided.

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