Stock market quotes, forex, financial news, forex tools –

The EU extended sanctions against Venezuela

 Breaking News
The EU extended sanctions against Venezuela
November 07
09:00 2018

The EU Council decided to extend the sanctions against Venezuela. “The situation is getting worse, so it was decided to extend the restrictions for another year,” – informs a press service of the regulator.

The sanctions were established at the end of 2017. They imply arms embargo and other equipment to suppress the population. More than a dozen and a half official representatives of Venezuela, responsible for the violation of human rights and the undermining of democratic foundations, got prohibition on entry to Europe.

Brussels takes the position that such measures are aimed at shaping democratic decisions and providing the population with everything necessary for life. “The measures taken are flexible. They are aimed at improving the lives of Venezuelan citizens, ” – the EU Council explains.

The EU has already offered help in finding democratic solutions to the situation in the country. It was proposed to hold negotiations aimed at a positive outcome with the participation of all current political forces.

The members of the European Union Council discussed the situation in Venezuela and confirmed that they were ready to conduct a political process to resolve it. It was decided to establish a contact group, which will assist in the process if the conditions are met.


The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

Related Articles


No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment