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U.S. imposes fresh sanctions targeting Venezuela

Christian Fernsby ▼ | January 14, 2020
The United States has imposed sanctions targeting seven Venezuelans, including the newly elected head of the country's parliament, the U.S. Treasury Department announced.
Luis Parra
American state   Luis Parra
The Treasury said in a statement that it has blacklisted seven National Assembly delegates, including Luis Parra, the new president of the Venezuelan National Assembly, claiming that the designated persons "took steps to undermine the elections process in the National Assembly."

Topics: U.S. sanctions Venezuela

Following the designation, all property and interests in property of the punished individuals subject to U.S. jurisdiction are blocked, and U.S. citizens are generally prohibited from engaging in transactions with them.

Venezuela's National Assembly convened on Tuesday with opposition deputy Parra serving as president of the legislative body.

Hardline opposition leader Juan Guaido lost his bid for reelection as president of the assembly to Parra over a week ago, an outcome Guaido and his group refused to accept.

The United States has been pursuing a policy of economic sanctions and diplomatic isolation against the Venezuelan government in support of Guaido.