Donald Trump announced the termination of the Biden-era “Concession Agreement” with Venezuela due to unmet obligations on deportees. He aims to reverse the oil transaction concessions made during Biden’s presidency, criticizing the Maduro regime for its failures. Trump’s position reflects a significant change in U.S. policy toward Venezuela, focused on deportation and oil production issues.
Former President Donald Trump announced the termination of the Biden-era “Concession Agreement” with Venezuela, citing delays in the country’s repatriation of deportees. In a post on Truth Social, he stated, “I am therefore ordering that the ineffective and unmet Biden ‘Concession Agreement’ be terminated as of the March 1st option to renew.” Trump emphasized that Venezuela has not met the obligations laid out in the original agreement.
Trump’s announcement signals a shift in U.S. policy regarding Venezuela, particularly concerning the handling of deported individuals and concessions around oil production. The prior concessions, believed to benefit both countries, are now under scrutiny due to Venezuela’s slow action on repatriating criminals and the political climate under President Maduro.
Original Source: www.news10.com
