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This Article is From Apr 05, 2018

Durbin Is in Venezuela for Talks With Government and Opposition

Durbin Is in Venezuela for Talks With Government and Opposition

(Bloomberg) -- U.S. Senator Dick Durbin is in Venezuela to meet with government and opposition leaders, his spokesman said.

Durbin, of Illinois, is the second-ranking Democrat in the Senate. His spokesman, Ben Marter, said he wouldn't comment on the agenda or the purpose of the trip.

President Donald Trump's administration is weighing whether to ratchet up sanctions against Venezuela, and officials have said that could include banning oil imports from and exports to the nation.

Meetings are planned this month between Treasury Secretary Steven Mnuchin and his counterparts from the European Union, Canada, the U.K. and many Latin American countries to coordinate efforts to tighten economic pressure on President Nicolas Maduro's government.

Trump last month banned U.S. purchases of a cryptocurrency the Venezuela government is rolling out as part of the campaign. That is in addition to sanctions on Venezuelan officials accused of corruption and rights violations.

The U.S. is attempting to free Joshua Holt, a Utah man imprisoned since 2016 in Venezuela on weapons charges that his family says are bogus.

To contact the reporter on this story: Erik Wasson in Washington at ewasson@bloomberg.net.

To contact the editors responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net, Justin Blum

©2018 Bloomberg L.P.

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