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Free AccessVenezuela Prisoner Releases Help to Appease Washington Discontent
Twenty-four Venezuelans have been freed as part of this week's prisoner exchange deal with the United States according to Venezuelan opposition presidential candidate Maria Corina Machado.
- The US said on Wednesday it had granted clemency to Colombian businessman Alex Saab, in exchange for the release of 10 Americans, at least 20 opposition-linked Venezuelans and the extradition of a fugitive Malaysian businessman from the South American country.
- It comes after the US said it would need to see progress on prisoner releases in order to continue with newly imposed energy sanctions relief.
- A November 30 deadline to do so along with turning around bans on political opposition opponents was testing Washingtons patience and threatened the sanctions relief.
- Questions remain about Machado’s ability to run against Venezuelan President Nicolas Maduro.
- Machado has asked the supreme court to clarify whether she is subject to a ban on her running. Though a letter confirming the ban was shared publicly in June, Machado says she has never been formally informed and that therefore any ban cannot be legitimate.
- A recent agreement between the Presidents of Guyana and Venezuela to not escalate towards a forceful dispute have also settled escalations in that direction.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.