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Washington_ US President Donald Trump signed today an executive order to impose new economic sanctions on Venezuela, two days after threats by Vice President Mike Pence against the Bolivarian nation, Radio Habana Cuba publishes.  

A statement by White House press secretary Sara Huckabee Sanders reveals that the decree forbids the filing of new debt and shares issued by the  Venezuelan government and its state oil company PDVSA.

It also prevents transactions with certain existing bonds owned by the Venezuelan public sector, and dividend payments to the Caracas administration.

The official noted that the US Treasury Department is issuing general licenses that allow transactions, which would otherwise be prohibited by Trump's measure.

These include provisions allowing for a liquidation period of 30 days, and financing for most of the trade, including the export and import of oil.

Likewise, there are transactions that involve only Citgo, a subsidiary of PDVSA, deals in certain existing Venezuelan debts, and the financing of humanitarian goods to the South American country.

The text also reiterates the call for the restoration in Venezuela of what Washington considers democracy, in ignorance of the legitimately elected government of President Nicolás Maduro.

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Category: Internationals
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