U.S. officials say the Trump administration is prepared to lift sanctions on Venezuela in support of a new proposal to form a transitional government representing allies of both President Nicolas Maduro and opposition leader Juan Guaido.
FILE - In this March 12, 2020, file photo, Venezuelan President Nicolas Maduro speaks at a press conference at the Miraflores Presidential Palace in Caracas, Venezuela. The Trump administration will announce Thursday, March 26, 2020, indictments against Maduro and members of his inner circle for effectively converting Venezuela's state into a criminal enterprise at the service of drug traffickers and terrorist groups, according to multiple people familiar with the situation.
Four of the members would be appointed by the opposition-controlled National Assembly that Guaidó heads. To draw buy-in from the ruling socialist party, a two-third majority would be required. The fifth member, who would serve as interim president until elections are held, would be named by the other council members. Neither Maduro nor Guaidó would be on the council.
But for sanctions to vanish, Abrams said the council would need to be functioning and all foreign military forces — from Cuba or Russia — would need to leave the country. “It’s a little hard to see how this is going to be convincing to the major players in the government,” said David Smilde, a senior fellow at the Washington Office on Latin America. “They seem to think the military is going to step in, but that seems extremely unlikely.”
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