Less than twenty years ago, Venezuela was Latin America's wealthiest nation.  In the terrifyingly brief…
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CFIF Letter to White House: Keep Targeting Rogue Venezuelan Regime, But Protect U.S. Enterprises Operating There

Less than twenty years ago, Venezuela was Latin America's wealthiest nation.  In the terrifyingly brief time since then, however, the rogue socialist regimes of Hugo Chavez and now his successor Nicolas Maduro have reduced it to a dystopian rubble more akin to starving Cuba.  For that, the United States justifiably isolates and targets the Maduro regime for its ongoing corruption, theft and human rights abuses.

Amid that effort, however, we must also protect vulnerable American companies that have conducted business in Venezuela since long before the Chavez and Maduro regimes.  By granting those American businesses specific waivers to continue operations, we protect them from suffering asset seizure at the hands of Maduro and his cronies.  The alternative of denying that latitude would…[more]

October 29, 2020 • 10:38 AM

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