Post sponsored by

Source: United States House of Representatives – Congressman Mario Diaz-Balart (25th District of FLORIDA)

Feb 18, 2020

Press Release

WASHINGTON, D.C. ­­–– Congressman Mario Diaz-Balart (FL-25) issued the following statement after the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated the Russia-controlled oil brokerage firm, Rosneft Trading S.A., “for operating in the oil sector of the Venezuelan economy.”

“I commend the Trump administration for today’s sanctions on Russia-controlled Rosneft Trading S.A. for its role in propping up the brutal Maduro regime by operating within Venezuela’s petroleum sector. In coordination with Venezuela’s PdVSA, Rosneft Trading S.A. has attempted to circumvent sanctions by facilitating, and attempting to facilitate, shipments of millions of barrels of Venezuelan oil.

“Russia has been one of the Maduro dictatorship’s worst enablers, and today’s sanctions underscore how pervasive Russia’s influence remains in supporting anti-American dictatorships in our hemisphere. Whether through votes at the United Nations, with military and intelligence support to rogue regimes, and through attempts to evade sanctions, Russia has proven to be an adversary that actively opposes key U.S. national security interests. I applaud the Trump Administration for standing with the Venezuelan people by sanctioning those who support tyranny while helping to preserve Venezuela’s natural resources for those to whom it truly belongs – the Venezuelan people.”