16:10 - 15.04.2026

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April 15, Fineko/abc.az. The U.S. Treasury eased sanctions against the Central Bank of Venezuela and the country's main banking institutions. In addition, it is allowed to conduct business with a small number of other institutions in the country.

ABC.AZ informs that the authorized activities of the Central Bank of Venezuela include banking, payment services and services for opening correspondent accounts in US dollars.

The measures should contribute to the revival of the country's oil sector after the seizure of President Nicolas Maduro, a goal that Donald Trump has repeatedly announced.

The White House is confident that easing sanctions will ease the influx of billions of dollars into Venezuela's battered economy by restoring a key channel for the circulation of hard currency. Currently, payments to local companies are constantly delayed on accounts in the United States, as banks conduct checks for compliance with transaction requirements.