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US imposes sanctions on Venezuela president

US imposes sanctions on Venezuela president

Washington, Aug 1 (IANS) The US has slapped sanctions on Venezuelan President Nicolas Maduro after Venezuela held its National Constituent Assembly (ANC) voting on Sunday.

"By sanctioning Maduro, the US makes clear our opposition to the policies of his regime," a statement by the US Treasury Department quoted Treasury Secretary Steven Mnuchin as saying on Monday, Xinhua news agency reported.

 

The statement also warned that anyone who participates in the ANC could be exposed to future US sanctions.

As a result of the sanctions, "all assets of Nicolas Maduro subject to US jurisdiction are frozen," said the statement, adding that U.S. persons are prohibited from dealing with him.

Venezuela's Vice President Tareck El Aissami said on Sunday that voting was proceeding smoothly, except for an "isolated incident" in Tachira state that authorities brought under control.

He called Sunday's vote "a turning point towards a Venezuela with equality (and) social justice."

Samuel Moncada, Foreign Affairs Minister, said the participation of Venezuelans on Sunday, in the election of a National Constituent Assembly (ANC) is a "vote for peace".

After voting, the Venezuelan minister told the press of the importance to seeing the people out voting and rejected the country's critics.

"Opponents, some governments and even the CIA do not recognize this power... because they have a plan to control Venezuela. We do not need them or the vote of opponents," said Moncada.

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US imposes sanctions on Venezuela president

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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