Donald Trump announced the termination of the Biden-era Concession Agreement with Venezuela, citing the regime’s failure to expedite deportations and adhere to previous agreements. He plans to reverse concessions from an oil transaction made in 2022, signaling a firm stance on U.S.-Venezuelan relations. Trump’s criticisms extend to the electoral conditions in Venezuela, underscoring the lack of compliance from President Nicolás Maduro.
Former President Donald Trump announced his decision to terminate the Biden-era “Concession Agreement” with Venezuela, stating that the country has not adequately addressed the issue of deportees. In a post on Truth Social, Trump emphasized that the agreement lacked effectiveness and declared that it would cease as of the March 1 renewal option. He expressed gratitude for attention to the matter, highlighting his discontent with the Maduro regime’s compliance with prior agreements.
Furthermore, Trump indicated that he would be reversing concessions made under the “oil transaction agreement” established on November 26, 2022. This agreement had permitted Chevron to resume oil operations in Venezuela, a country rich in oil reserves yet hampered by U.S. sanctions. Although Trump did not specifically mention Chevron in his statements, he noted that no additional licenses were issued during that time, signaling a halt to operational advancements.
Trump criticized the electoral conditions in Venezuela, suggesting that they display a failure to meet the standards set by the previous administration. He pointed out that the Maduro regime had not been repatriating violent criminals back to Venezuela as outlined in their agreement with the U.S., raising concerns about their commitment to addressing these critical matters.
In conclusion, Donald Trump has officially declared the termination of the Biden-era Concession Agreement with Venezuela due to the lack of progress in deportations and unmet conditions by the Maduro regime. This decision also involves reversing oil concessions granted to Chevron, reflecting ongoing tensions surrounding American-Venezuelan relations. Trump’s post suggests a shift in U.S. policy towards Venezuela, emphasizing accountability and adherence to agreements made by its leaders.
Original Source: www.news10.com
