US conveys to Venezuela candidate bans must be lifted by November

Reuters

Published Oct 18, 2023 08:02PM ET

WASHINGTON (Reuters) - The U.S. government has conveyed concerns to Venezuela's president that it must lift bans for all opposition presidential candidates by the end of November in exchange for sanction relief, a U.S. senior official said Wednesday.

Washington is providing what the official described as "limited sanction relief" to the government of Venezuelan President Nicolas Maduro, following an agreement between him and the political opposition on Tuesday.

The sanction relief will primarily touch on Venezuela's oil and gas sector, according to the U.S. official, who did not go into further details. He did note that the sanction relief would not affect the judicial process focused on Citgo Petroleum or other Venezuelan frozen assets in the United States or other jurisdictions.

That deal set conditions for the next year's presidential election along with the promise of some sanctions relief, but some opposition candidates currently remain banned from taking office even if they were to defeat Maduro's ruling socialists and win the election.