The United States will not renew a temporary license set to expire on Thursday that widely eased sanctions on Venezuela’s oil and gas sector, a State Department spokesperson said, unless progress is made by President Nicolas Maduro on commitments for free and fair elections this year.
“Absent progress by Maduro and his representatives in terms of implementing the roadmap’s provisions, the United States will not renew the license when it expires on April 18, 2024,” the spokesperson said on Monday.
(Reporting by Daphne Psaledakis, Matt Spetalnick and Marianna Parraga; Editing by Chris Reese)