Mosaic News

Buy Me A Coffee
News without borders
Friday, 17 April 2026
Mosaic News is free to read — but not free to run. Your (monthly) donation keeps it going. →
Venezuela·United States·Sanctions·Trade & Economy

Venezuela pushes for full sanctions relief as US eases financial restrictions

Wednesday, 15 April 2026, 00:04 · 1 min read

Venezuelan interim President Delcy Rodríguez has called on the United States to lift all remaining economic sanctions against her country, arguing that a fresh wave of partial relief falls short of what is needed to stabilise Venezuela's deeply troubled economy. Her appeal came on Tuesday as the US Treasury Department issued new licences authorising transactions with several Venezuelan state-owned banks, including the Central Bank of Venezuela, Banco de Venezuela, Banco Digital de los Trabajadores, and Banco del Tesoro — institutions that had long been cut off from the international financial system.

The licences, signed by the director of the Treasury's Office of Foreign Assets Control (OFAC), the body that administers US sanctions programmes, allow a broad range of previously forbidden operations: wire transfers, currency exchange, card services, payroll processing, and international financial transactions. Correspondent banks, payment processors, and remittance platforms based in the United States may now service these Venezuelan institutions without violating sanctions law. The move also removes former Venezuelan prosecutor-general Reinaldo Muñoz from the OFAC blacklist, freeing his blocked assets. However, officials were careful to note that the licences do not amount to a full sanctions lift — they can be reversed, do not unblock frozen assets, and leave intact restrictions on individuals designated for corruption or drug trafficking.

Rodríguez welcomed the step but framed it as insufficient.

Sources
Al Jazeera EnglishDelcy Rodriguez calls for a ‘Venezuela free of sanctions’ amid US detente ↗︎El PaísEstados Unidos levanta las sanciones al Banco Central de Venezuela y a otras tres entidades ↗︎The HinduU.S. eases sanctions on Venezuela central bank ↗︎
This article was automatically compiled by AI from the sources above. It may contain inaccuracies. Always read the original sources for the full context.