US Grants Limited License for Venezuelan Gold After High-Level Visit

The US government has authorized a limited licence for the export of Venezuelan gold, allowing Venezuela’s state-run mining company Minerven to sell gold to the US. The licence prohibits exchanges with Cuba, North Korea, Iran, or Russia, with payments to sanctioned individuals flowing through designated Treasury accounts. This move comes as part of a broader push from President Donald Trump to open up Venezuela’s resource sector to international investment, despite criticism and concerns over violations of international law.

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