Predictions
- US relaxation of some sanctions to allow medical purchases does not indicate broader political opening
- Maduro’s attempts to attract US and foreign investors unlikely to succeed given ongoing sanctions and political uncertainty
- November regional elections will be key indicator of whether government and opposition are willing to make concessions needed for negotiated solution
Event
The US government on 17 June relaxed some economic sanctions on Venezuela, to allow the country to acquire key items needed to fight the coronavirus (COVID-19) pandemic, such as vaccines, face masks, oxygen tanks and ventilators.
Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.