No financial sanctions against Spain over Venezuela -
A Bloomberg News story Thursday that said some officials in the Trump administration are pushing for
financial sanctions against Spain.
U.S. embassy spokesman in Madrid says no sanctions discussion
Spanish Foreign Ministry says close ties with U.S. maintained
By Jeannette Neumann / Bloomberg
Petroleumworld 11 04 2019
The Spanish government said Friday that Washington isn't mulling any measures against Madrid for its financial and diplomatic ties with Venezuela and a U.S. embassy official said such steps were not currently being considered.
Spain's Foreign Ministry said it had been in contact with U.S. officials in Washington as well as the U.S. Embassy in Madrid after a Bloomberg News story Thursday that said some officials in the Trump administration are pushing for financial sanctions against Spain.
The officials in the U.S. Treasury Department are considering measures against Spain's central bank and other entities where money from Venezuela is parked, according to people familiar with the matter. Other U.S. officials, however, said they opposed such a move against an ally such as Spain, a sign that there are divisions about any potential action.
The Spanish Foreign Ministry said in a statement Friday that after conversations with U.S. officials, Madrid “is in a position to deny that such measures have been considered.”
Later Friday, a spokesman for the U.S. embassy in Madrid said that the “policy discussion” in the Bloomberg article “that is supposedly taking place in Washington does not currently exist.”
He said Washington's priority with Spain as it relates to Venezuela is to “continue our ongoing engagement of enforcement of sanctions targeting the former Maduro regime members.”
The embassy spokesman warned the international business community to “take notice and avoid risk of U.S. sanctions because of dealings with Maduro.” He also urged countries to support the push to allow National Assembly President Juan Guaido to assume his duties as Venezuela's leader.
Spain's Foreign Ministry stressed the close relationship between Madrid and Washington.
“Such collaboration is also clear in the case of Venezuela, where both countries are committed to a prompt resolution to the situation the country is going through,” it said.
Story by Jeannette Neumannfrom Bloomberg.
bloomberg.com / 11 04 2019
We invite you to join us as a sponsor.
Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.
Copyright© 1999-2019 Petroleumworld or respective author or news agency. All rights reserved.
We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions Petroleumworld.com as the source.
Other stories you have to get authorization by its authors. Internet web links to http://www.petroleumworld.com are appreciated.
Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to email@example.com
By using this link, you agree to allow PW
to publish your comments on our letters page.
Any question or suggestions,
please write to: firstname.lastname@example.org
Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels