Venezuela has approved an anti-U.S. sanctions law

The Venezuelan Constitutional Assembly (CA) approved a law prepared by the government aimed at combating the effects of American sanctions. This was announced by the vice president of the country Delcey Rodriguez.

The politician thanked the Assembly for approving the document.

“Thank you, the independent CA, for having passed the “Anti-Blockade Law” for the happiness of our people and the harmonious productive development of Venezuela.

The bill, aimed at countering U.S. sanctions, was previously presented by Venezuelan President Nicolas Maduro.

The document gives the government the power to protect Venezuelan assets at home and abroad, as well as to contribute to economic recovery. The draft law has been submitted to the Constitutional Assembly, not to the Parliament, in which the majority belongs to the opposition.

In September, five Venezuelans were added to the U.S. sanctions list for “undermining democracy” and for supporting Maduro.

Relations between Venezuela and the United States remain tense. This is due to the fact that in January 2019, amidst protests, the opposition leader Juan Guaydo proclaimed himself head of state. The U.S. recognized him as legitimate, and unilateral sanctions were imposed on the republic and several politicians.

Several other countries, including Russia, China and Mexico, supported Maduro.