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EU extends sanctions against Venezuela

AFP  |  Brussels 

The on Tuesday extended sanctions against by a year to keep up pressure on Nicolas Maduro's as the lurches deeper into crisis.

An embargo on arms and equipment that can be used for political repression was extended to November 14 next year, along with asset freezes and travel bans on 18 senior members of the Maduro regime blamed for rights abuses.

The European move comes less than a week after slapped tough new sanctions on targeting particularly the gold sector and denounced as being part of a "troika of tyranny" with and

The European Council, which groups the 28 member states, said the decision to extend the sanctions was taken "in view of the continuing deterioration of the situation in Venezuela".

"These measures are intended to help encourage in order to bring political stability to the country and allow it to address the pressing needs of the population," the council said in a statement.

"These targeted measures are flexible and reversible and designed not to harm the Venezuelan population."

The EU imposed the arms embargo in November last year and added various officials to the sanctions list over the course of 2018, most recently in June in response to Maduro's controversial re-election as

Economic collapse in has led to of and medicine and, according to the UN, prompted 1.9 million Venezuelans to flee the country since 2015.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 17:45 IST
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