PressTV-US to slap ‘very significant’ sanctions on Venezuela

The United States says it is planning to impose “very significant additional sanctions” against financial institutions in Venezuela in the coming days, a move regarded as part of efforts to undermine the democratically-elected government in Caracas.

Elliott Abrams, the US special envoy for Venezuela, said at a press briefing in the US State Department on Tuesday that the sanctions would target financial institutions doing business with the government of Venezuelan President Nicolas Maduro.

The US special envoy told reporters that Washington was also preparing to withdraw more US visas from Venezuelan officials with close ties to the 56-year-old socialist leader.

Abrams said Washington was in talks with other countries about security arrangements for the US Embassy after it recalled remaining diplomats from the Latin American country.

Caracas had ordered American diplomats to leave Venezuela within 72 hours.

The United States has…

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