Trump Terminates Concession Agreement with Venezuela Over Deportation Delays

President Trump announced the termination of the Biden-era ‘Concession Agreement’ with Venezuela, citing the country’s inadequate repatriation of deportees as the reason behind his decision. He condemned the Maduro regime for failing to comply with the agreement and committing to reverse concessions related to oil transactions made in late 2022.

President Donald Trump announced the termination of the so-called “Concession Agreement” with Venezuela, which he attributes to the country’s slow repatriation of deportees. In a statement on Truth Social, he declared, “I am therefore ordering that the ineffective and unmet Biden ‘Concession Agreement’ be terminated as of the March 1st option to renew. Thank you for your attention to this matter!”

In summary, President Trump is revoking the ‘Concession Agreement’ with Venezuela, criticizing the Maduro regime for not meeting its commitments, specifically regarding deportations. The termination reflects ongoing tensions and aims to address both the slow pace of deportations and concerns surrounding electoral integrity in Venezuela. This decision illustrates the shifting dynamics in US-Venezuela relations under different administrations.

Original Source: www.news10.com