US sanctions on Venezuela to continue: Pence

28 May, 2018

United States sanctions on Venezuela will continue, Vice President Mike Pence said on Saturday, despite the release of an American and his wife from a Venezuelan jail. "Very glad that Josh Holt is now back home with his family - where he has always belonged. Sanctions continue until democracy returns to Venezuela," Pence said in a tweet.
He was commenting after Holt, 26, and his wife Thamara Caleno, landed in Washington after Venezuelan President Nicolas Maduro ordered their release after two years.
It was a "gesture" aimed at promoting dialogue between Caracas and Washington, Venezuelan Communications Minister Jorge Rodriguez told reporters in Caracas. The White House action would complicate Venezuela's efforts to sell off financial IOUs known as "accounts receivable." Senior US administration officials said the instruments had been used to garner much-needed revenue for the cash-starved regime.

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