The deal, signed in the presence of U.S. officials, is expected to clear the way for the Biden administration to ease oil sanctions on the authoritarian state.
A supporter of Venezuelan President Nicolás Maduro raises his portrait at a rally marking the first anniversary of his 2018 reelection. The government of Venezuelan President Nicolás Maduro and leaders from the U.S.-backed opposition signed an agreement Tuesday outlining commitments to hold competitive presidential elections next year, a deal expected to clear the way for the United States to ease oil sanctions on the authoritarian state.ongoing political stalemate.
The deal Tuesday follows the failure of multiple attempts at negotiation between Maduro’s government and the opposition. It comes days before Venezuela’s opposition parties will hold a primary election to choose a single candidate to back against Maduro next year. The clear front-runner is María Corina Machado, a fierce critic of the government whom the Maduro government has banned from running for office. U.S. officials had condemned the ban.
Venezuela’s Supreme Court declared in August that it would not review Machado’s ban from running in future presidential elections.Geoff Ramsey, a senior fellow at the Atlantic Council who focuses on Venezuela, said Maduro is “opening a window.”
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