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Statement on Signing an Executive Order Prohibiting Certain Additional Transactions With Respect to Venezuela

May 21, 2018

Today I have taken action to prevent the Maduro regime from conducting "fire sales," liquidating Venezuela's critical assets, assets the country will need to rebuild its economy. This money belongs to the Venezuelan people.

I have signed an Executive order to prevent the Maduro regime from selling or collateralizing certain Venezuelan financial assets and to prohibit the regime from earning money from the sale of certain entities of the Venezuelan Government.

The United States remains committed to the Venezuelan people, who have suffered immensely under the Maduro regime. We call for the Maduro regime to restore democracy, hold free and fair elections, release all political prisoners immediately and unconditionally, and end the repression and economic deprivation of the Venezuelan people.

This order is the most recent in a strong, consistent stream of actions my administration has taken targeting the Maduro regime.

NOTE: The statement referred to Executive Order 13835. It also referred to President Nicolas Maduro Moros of Venezuela.

Donald J. Trump, Statement on Signing an Executive Order Prohibiting Certain Additional Transactions With Respect to Venezuela Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/333048

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