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US State Department Set to Meet Latin American Leaders Over Venezuela

OIL

US State Department Official Geoff Pyaat said on Tuesday he plans to meet Latin American leaders this week to discuss fair Venezuelan elections as well as oil sanctions.

  • "There are a lot of negative signals recently (from Caracas). And there's no way to sugarcoat that," said Geoffrey Pyatt said.
  • "But we're not giving up and we've got up until the end of April to see some progress." Pyatt added.
  • The opposition leader Maria Corina Machado remains banned from running against Nicolás Maduro in expected upcoming elections, something which contravenes the Barbados agreement.
  • US sanctions relief is set to expire April 18.

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