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Forum nameGeneral Discussion
Topic subjectRE: Sanctions against gov officials implicated in drug trafficking & corruption
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13309042&mesg_id=13309368
13309368, RE: Sanctions against gov officials implicated in drug trafficking & corruption
Posted by bentagain, Fri Jan-25-19 01:19 PM
"The sanction that prohibits Citgo from remitting profits to Venezuela is a very important measure. It means that the Venezuelan government is being deprived of approximately $1 billion a year. But in addition to that, the sanctions also stipulate that Venezuela practically cannot refinance its foreign debt, which is something logical that any country facing a difficult economic situation would do. The sanctions prohibit U.S. financial institutions from having any transaction, any interaction with the Venezuelan government and the Venezuelan state oil company, PDVSA."

https://www.democracynow.org/2019/1/25/how_washingtons_devastating_economic_blockade_of