US to ease a few economic sanctions against Venezuela

(Joe Raedle/Getty Images)

CARACAS – The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the U.S.-backed opposition and the government of President Nicolás Maduro.

That’s according to two senior U.S. officials, who spoke on condition of anonymity because the formal announcement hasn’t been made.

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The changes will allow Chevron Corp. to negotiate its license with the state-owned oil company, PDVSA, but not to drill or export any petroleum of Venezuelan origin.

They would also remove a nephew of Venezuela’s first lady from a sanctions list. The officials say the changes were requested by opposition leaders.


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