U.S. companies were allowed to interact with the Venezuelan opposition to bypass existing sanctions, RIA Novosti reported, citing a decision of the U.S. Treasury Department.
“U.S. representatives may conduct transactions and interactions with any individuals appointed by Juan Guaido, the Fourth National Assembly, or delegated by it to the board of directors of Venezuelan state-owned companies,” the U.S. agency said in a statement.
Under the 2019 U.S. presidential executive order, U.S. citizens and individuals are prohibited from interacting with Venezuelan state-owned enterprises, with the exception of temporary licenses for five U.S. energy sector enterprises.
As noted in a document published by the Treasury Department on Monday, the sanctions still prohibit cooperation with the country’s National Assembly, but now allow interaction with the self-proclaimed interim head of state, Juan Guaido, who is recognized by the United States as a leader, as well as any representative he appoints.
The parliamentary elections were held on December 6, and 107 political parties and associations participated, totaling more than 14,000 candidates. The oppositionist Juan Guaido refused to participate in the elections.
According to the National Electoral Commission of Venezuela, the ruling Socialist Alliance “Great Patriotic Pole of Simon Bolivar” is leading the elections with a turnout of 67.6% after the vote counted 82%. The second place went to the opposition from the Democratic Alliance with 17.95%.