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                   Saturday 23 March 2019
            Trump administration announces new Venezuela sanctions




            By DEB RIECHMANN                                                                                                    and  promote  stronger  re-
            Associated Press                                                                                                    lationship with the region,”
            PALM  BEACH,  Fla.  (AP)  —                                                                                         Holness said. “It’s absolute-
            The  Trump  administration                                                                                          ly important that it’s not just
            stepped  up  sanctions  on                                                                                          talk, that there will be real
            Venezuela  Friday  in  re-                                                                                          investments.”
            sponse  to  the  kidnapping                                                                                         “We’re  very  happy  with
            of a top aide for an leader                                                                                         that message. We feel that
            the  U.S  wants  to  see  re-                                                                                       that  is  a  message  that  is
            place the embattled — but                                                                                           long-in-coming,  but  we’re
            not yet ousted — President                                                                                          also  satisfied  that  it’s  not
            Nicolas Maduro.                                                                                                     just a message. Were satis-
            The  Treasury  Department                                                                                           fied that there will be instru-
            announcement         came                                                                                           mental action.”
            while  the  President  Don-                                                                                         The  Trump  administration
            ald Trump met with leaders                                                                                          considers  Maduro’s  gov-
            from five nations in the Ca-                                                                                        ernment a dictatorship and
            ribbean that generally sup-                                                                                         says  he  was  re-elected  in
            port the U.S. call for an end                                                                                       an illegitimate election. The
            to  Maduro’s  rule.  Trump                                                                                          U.S.  has  sanctioned  scores
            hosted  them  at  his  Mar-a-                                                                                       of top Venezuelan officials
            Lago  club  in  Florida  and                                                                                        and has blocked U.S. banks
            pledged U.S. investment in                                                                                          from  doing  business  with
            their countries.                                                                                                    Venezuela, putting a finan-
            The  new  sanctions,  issued                                                                                        cial  stranglehold  on  the
            in  response  to  the  kidnap-                                                                                      cash-strapped country. The
            ping,  specifically  target   From left, National Security Adviser John Bolton, Acting Defense Secretary Patrick Shanahan and   country  is  in  an  economic
            Venezuela’s  national  de-   President Donald Trump sit together during a meeting with Caribbean leaders at Mar-A Lago,   meltdown  and  millions  of
            velopment  bank,  BANDES,    Friday, March 22, 2019, in Palm Beach, Fla.                                            Venezuelans have fled.
            and four additional subsid-                                                                        Associated Press  Nations  in  the  Caribbean,
            iaries that BANDES owns or  ternational  coalition”  that   legitimate  interim  leader  munity  is  closely  watching  however,  have  been  split
            controls.                    is united behind Juan Guai-  following  a  flawed  ballot  Maduro’s  actions  and  will  on  whether  to  interfere  in
            “The  regime’s  continued  do, Treasury Secretary Ste-    that  resulted  in  Maduro’s  respond accordingly to any  Venezuela.
            use  of  kidnapping,  torture  ven Mnuchin said. He was   re-election.                 that threaten the safety of  For  years,  Venezuela  has
            and murder of Venezuelan  referring  to  the  opposition   Earlier this week, forces af-  the opposition and Interim  provided  a  reliable  supply
            citizens  will  not  be  toler-  leader recognized by more   filiated  with  the  Maduro  President  Juan  Guaidó,”  of  oil  to  many  Caribbean
            ated  by  the  U.S.  or  the  in-  than  50  countries  as  the   government broke into the  said Rep. Michael McCaul,  nations.  They  purchased
                                                                      homes  of  officials  backing  R-Texas.                   the  oil  under  the  PetroCa-
                                                                      Guaido  and  threatened  Trump  hosted  the  leaders  ribe  arrangement,  which
                                                                      them with their lives. Guai-  of Jamaica, Bahamas, Hai-   gave   them    low-interest
                                                                      do’s chief of staff, Roberto  ti, Dominican Republic and  credit  terms,  but  have  left
                                                                      Marrero,  was  kidnapped.  St. Lucia to show his support  them indebted to Caracas.
                                                                      In  an  op-ed  published  Fri-  for  Caribbean  countries  St.  Lucia  Prime  Minister  Al-
                                                                      day  in  The  Miami  Herald,  that back democratic tran-  len Michael Chastanet said
                                                                      Vice President Mike Pence  sition in Venezuela. The five  it’s been since the Reagan
                                                                      said  the  kidnapping  was  have  either  denounced  administration that the U.S.
                                                                      an  “egregious  violation  of  Maduro  or  joined  more  has taken an interest in the
                                                                      the  rule  of  law”  and  was  than 50 countries in recog-  Caribbean  and  acknowl-
                                                                      only  the  latest  example  of  nizing  Juan  Guaido  as  the  edged that Trump’s invita-
                                                                      Maduro’s  “brutality  and  rightful interim leader of the  tion  was  likely  due  to  their
                                                                      despotism.”                  nation.                      support  of  the  U.S.  stance
                                                                      “We’re  not  bluffing  when  Trump  told  the  leaders  as  against  Venezuela  at  the
                                                                      we  told  Maduro  not  to  the meeting kicked off that  Organization  of  American
                                                                      do  stuff  like  this  (the  kid-  he  would  be  “discussing  States.
                                                                      napping),”  John  Bolton,  ways that we can be ben-       He  also  acknowledged
                                                                      Trump’s  national  security  eficial to you and you can  that not all countries in the
                                                                      adviser told Univision News  be beneficial to us.”        region  agree  with  the  U.S.
                                                                      in an interview aired Friday.  Jamaica Prime Minister An-  call for Maduro’s ouster.
                                                                      The  U.S.  has  already  sanc-  drew  Holness  said  that  at  “I  think  we  all  recognize
                                                                      tioned  scores  of  top  Ven-  their  meeting  with  Trump  there’s  a  problem  in  Ven-
                                                                      ezuelan  officials  and  has  he learned that a represen-  ezuela.  Most  people  rec-
                                                                      blocked  U.S.  banks  from  tative  from  the  Overseas  ognize  the  need  for  new
                                                                      doing  business  with  that  Private  Investment  Corpo-  elections,” Chastanet said,
                                                                      country,  imposing  a  finan-  ration,  a  U.S.  government  adding  that  any  disagree-
                                                                      cial  strangle-hold  on  the  agency  that  helps  Ameri-  ment  they  have  is  in  how
                                                                      cash-strapped  nation.  The  can  businesses  invest  in  that  will  play  out.  “The
                                                                      sanctions  announced  Fri-   emerging  markets,  would  world  remains  divided  on
                                                                      day  also  came  as  mem-    be  visiting  the  region  and  that. I think there is a grow-
                                                                      bers of Congress from both  the five countries.           ing  consensus  that  there
                                                                      parties  condemned  Mar-     “The  message  from  this  needs to be fresh elections
                                                                      rero’s arrest.               meeting  is  that  the  United  in Venezuela to resolve the
                                                                      “The  international  com-    States wants to encourage  humanitarian crisis.”q
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