The Trump administration on Tuesday offered to begin lifting Venezuela sanctions if the opposition and members of President Nicolas Maduro's Socialist Party form an interim government without him, marking a shift in a U.S. policy that has failed to end his grip on power.
WASHINGTON - The Trump administration on Tuesday offered to begin lifting Venezuela sanctions if the opposition and members of President Nicolas Maduro’s Socialist Party form an interim government without him, marking a shift in a U.S. policy that has failed to end his grip on power.
Maduro has held onto power despite repeated U.S. efforts to oust him and shown no willingness to seriously negotiate an end to his rule. As such, Tuesday’s announcement could be seen as a bid by the administration to cut its losses and move on. But the Trump administration hopes an energy dispute between Russia and Saudi Arabia that has contributed to the plunging price of oil - Maduro’s main financial lifeline - and the growing coronavirus threat will help make Maduro and his loyalists more pliable.
FILE PHOTO: Venezuela's President Nicolas Maduro speaks during a news conference at Miraflores Palace in Caracas, Venezuela, March 12, 2020. REUTERS/Manaure QuinteroIn an apparent softening of tone, Abrams told Reuters that while Maduro would have to step aside, the plan did not call for him to be forced into exile and even suggested that he “could theoretically run” in the election.
The proposal represents a significantly less bellicose tone from the administration’s pronouncements since January of last year, when Guaido invoked the constitution to assume a rival interim presidency, arguing that Maduro’s 2018 re-election was a sham. Maduro calls Guaido a U.S. puppet.
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