May 9, 2024

How the Biden administration’s plan to engage with Venezuela unravelled

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Asked about this theory, the state department official said it was for the Venezuelan opposition to decide. “Our policy is designed to support the aspirations of the Venezuelan people and the democratic opposition,” he said. “[O]ur policy is not about any one candidate.” Geoff Ramsey, a Venezuela expert at the Atlantic Council who has supported the Barbados process, said the White House did not want to return to a policy of sanctions on Venezuela. “You can imagine a scenario in which María Corina is not a candidate and endorses another candidate,” he said. “For the US, that would be an acceptable outcome.” Michael McKinley, a former top state department diplomat, disagreed. “Without a reversal of the ban on María Corina Machado, the Biden administration will have to reimpose sanctions in April,” he said. “Many companies, however, have already re-established ties with the Maduro regime and are unlikely to be fully deterred; it will be difficult to sustain the effectiveness of snapback sanctions.” By Michael Stott and Joe Daniels. Full Text-> FT

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