Venezuela Challenges US Sanctions Through WTO
Venezuela asked the U.S. for consultations at the World Trade Organization over sanctions, both against government officials, contractors and people in the gold mining industry, and against the petro cryptocurrency. One of the blocked persons is Venezuela's first lady. The…
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request was circulated to members on Jan. 8. In the document, Venezuela complained that "the United States has imposed certain coercive trade-restrictive measures on the Bolivarian Republic of Venezuela in the context of attempts to isolate Venezuela economically." It said all these measures -- along with treatment of the Venezuelan public debt -- are inconsistent with the General Agreement on Tariffs and Trade.