US To Announce Stronger Sanctions On Venezuela In Near Future - Mike Pence

US to Announce Stronger Sanctions on Venezuela in Near Future - Mike Pence

The United States is planning to announce new sanctions against Venezuela's government in coming days, US Vice President Mike Pence said in Colombia on Monday

WASHINGTON (Pakistan Point News / Sputnik - 25th February, 2019) The United States is planning to announce new sanctions against Venezuela's government in coming days, US Vice President Mike Pence said in Colombia on Monday.

"In the days ahead, the United States will announce even stronger sanctions on the regime's corrupt financial networks," Pence said at a Lima Group meeting.

He urged all Lima Group members to freeze the assets of Venezuela's oil giant PDVSA and restrict visas for Venezuelan officials.

The United States has imposed numerous rounds of sanctions on Venezuela. In January, Washington blocked around $7 billion in assets belonging to Venezuela's state oil firm PDVSA. Venezuelan President Nicolas Maduro said that the restrictions were tantamount to illegal seizing.