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October 20, 2023
|3 min read
United States Eases Select Sanctions on Venezuela’s Oil Sector
The United States temporarily eased select sanctions related to Venezuela’s oil sector on October 18, 2023, after Maduro’s government and the opposition reached an agreement on electoral guarantees for an internationally monitored vote in the second half of 2024.
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Global Trade & Foreign Policy Insights addresses rapidly evolving U.S. foreign policy and its impact on cross-border trade. We address the impact on financial services, supply chains, and manufacturing. We also cover the international community’s response to U.S. foreign policy.
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