Young Journalists Club | Latest news of Iran and world

News ID: 49547
Publish Date: 10:16 - 01 December 2020
Tuesday, 01 December 2020_Venezuela has decried as “illegal” the latest US sanctions targeting Chinese firm China National Electronics Import & Export Corporation (CEIEC) over doing business with Venezuelan President Nicolas Maduro’s government.

Venezuela decries US sanctions on Chinese firmThe US Treasury Department said in a statement on Monday that the CEIEC had provided software, training, and technical expertise to Venezuelan state-run entities, including the telecommunications provider Venezuelan National Telephone Company (CANTV).

The statement accused the Chinese company of supporting Maduro’s government in its “efforts to restrict internet service and conduct digital surveillance and cyber operations against political opponents” since 2017.

The sanctions freeze any US assets of the CEIEC and ban Americans from dealing with the firm.

Venezuela’s Foreign Ministry denounced the US action as “illegal,” saying it was aimed at “isolating the country and generating difficulties for the Venezuelan population.”

Venezuela has been in political turmoil since US-backed opposition figure Juan Guaido declared himself “interim president” late in January 2019.

Backed by his foreign sponsors, he tried and failed to have the Venezuelan armed forces turn against the elected government of Maduro.

The administration of US President Donald Trump — along with a number of its European and regional allies — recognized Guaido’s self-proclamation.

Washington has since been mounting economic pressure on Caracas and has repeatedly threatened to use military force to topple Maduro’s government.

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