US President Donald Trump freezes all assets of the Venezuelan government in the United States (White House). He signed an executive order Monday freezing all assets of the Venezuelan government in the United States.
Trump freezes all assets in the U.S.
The Executive Order includes all assets and assets of
- The Venezuelan Government in the United States
- Those held by American persons
According to the US decision, these assets may not be disposed of, transferred, withdrawn or dealt with.
So, The United States and former Western countries have recognized Venezuelan National Assembly President Juan Guido as interim president.
The White House announcement:
The White House announced on Monday that President Donald Trump orderedthe following:
- A complete freeze on assets of the Venezuelan government headed by Nicolas Maduro in the United States.
Trump wrote in a letter to House Speaker Nancy Pelosi:
“It is necessary to freeze all the assets of the Venezuelan government because of the continued usurpation of power by the illegal regime of Nicolas Maduro”
According to the presidential decree published by the White House:
So, property “can not be transferred, paid, exported, withdrawn or manipulated.”
Which, prohibits any dealings with the Venezuelan authorities.
What is the situation of Venezuela?!
According to a report by the Wall Street Journal, it is the first comprehensive economic embargo by Washington on Caracas.
So, This would put Venezuela at the same level as countries including North Korea, Iran, Syria, and Cuba.
Trump has hinted earlier that he could impose a ban on Venezuela, which the United States questions about the legitimacy of its government led by Maduro.
What is the US position against Venezuela ?!
The United States was the first country to recognize Venezuelan opposition leader Juan Guido as
- interim president of Venezuela at the beginning of the year.
Washington imposed an oil embargo on Venezuela in April, in order to increase pressure on Maduro and force him to give up power.
Maduro said on Friday:
His government would condemn to the United Nations what he called an “illegal threat” Trump launched on a ban on Venezuela.
Maduro said in a radio and television message:
“No one can impose a ban on Venezuela”