U.S. says it will halt trade with Venezuela

Oct 21, 2021 User settings

The United States on Monday announced that it will suspend all trade with the Bolivarian Republic of Venezuela, accusing the country of failing to adhere to its commitments to free and fair elections.

The decision comes as Venezuela’s opposition and human rights groups say hundreds of thousands of people have died in its crackdown on opposition supporters and the military.

The U.N. Security Council imposed sanctions on the government on Wednesday for its handling of the election, accusing it of a “complete disregard for international standards” and an attempt to manipulate the vote.

The sanctions were imposed after the government announced that a new, more inclusive and more transparent presidential election would be held in January 2019, though opposition leader Henrique Capriles and his wife were not allowed to attend.

Venezuela’s government, which was elected in late 2015, has been beset by violence and shortages of basic goods and has suffered a spike in inflation.

The United Nations has said more than half of the country’s population lacks basic food and medicine.Reuters

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