Washington – A U.S. Department of the Treasury Spokesperson today issued the following statement on Venezuela:
“This week, President Trump recognized Juan Guaidó as the interim President of Venezuela. Diplomatic and economic relations between the United States and Venezuela must be consistent with the United States’ recognition of Juan Guaidó and the National Assembly. The United States will use its economic and diplomatic tools to ensure that commercial transactions by the Venezuelan Government, including those involving its state-owned enterprises and international reserves, are consistent with this recognition.”
MEXICO CITY/CARACAS (Reuters) - Venezuela’s most important foreign asset, its $10 billion U.S. refining arm Citgo Petroleum, is hunkering down to arm itself with a legal strategy to block efforts for its board to be removed and its revenues diverted to an opposition government, sources close to the talks said.
Citgo President Asdrubal Chavez has been called to meetings in Caracas, according to those sources. He is the cousin of late President Hugo Chavez, who preceded Maduro.
A Citgo vice president separately traveled to Washington this week for talks on the company’s future, the sources added.