Trump's Venezuela Deal Is a 'Shameful' Gift to Dictators: Former Adviser
Summary
The Trump administration has made a new oil deal with Venezuela's interim government, giving the U.S. a 20% stake in Venezuelan oil resources without cost. Elliott Abrams, who helped shape the earlier U.S. policy to remove President Nicolás Maduro, now criticizes this deal for supporting interim President Delcy Rodríguez and weakening efforts for political change.Key Facts
- Elliott Abrams was a top adviser during the first Trump administration's push to remove Nicolás Maduro from power.
- The new Trump administration oil deal gives the U.S. a 20% share of Venezuelan oil assets at no expense.
- This deal signals a shift from focusing on political change to economic involvement with Venezuela’s interim government.
- The deal supports interim President Delcy Rodríguez, who has low popularity in Venezuela.
- Venezuelan businessman Alejandro Betancourt, who faces legal investigations abroad, will control oil fields awarded under this deal.
- The U.S. State Department defends the deal by highlighting Betancourt’s experience.
- Abrams believes the opportunity to restore democracy in Venezuela is being delayed.
- Abrams says the Trump administration is no longer strongly pushing for free elections in Venezuela as before.
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