Venezuela’s Maduro decries sanctions on gold exports

CARACAS (Reuters) – Venezuelan President Nicolas Maduro said on Monday his country has the right to export gold and sanctions interfering with that are wrong, a month after U.S. President Donald Trump signed an executive order aimed at curbing Venezuelan gold exports.

Trump’s order banned anyone in the United States from dealing with entities and people involved in “corrupt or deceptive” gold sales from the South American country.

Maduro’s statement came during a joint press conference with Turkish President Tayyip Erdogan, who is visiting Caracas. Turkey is the largest importer of Venezuelan non-monetary gold.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.