EU readies sanctions on Venezuela, approves arms embargo
Source: Reuters
European Union foreign ministers approved economic sanctions, including an arms embargo, on Venezuela on Monday, saying regional elections last month marred by reported irregularities had deepened the country's crisis.
Anxious not to push Caracas any closer to economic and political collapse as debt restructuring talks begin, EU governments held back from targeting any individuals.
The bloc instead left names for a later stage to try to persuade President Nicholas Maduro to calm the situation.
"Everything we do is aimed at seeking dialogue between the government and the opposition to find a democratic and peaceful solution," Spain's Foreign Minister Alfonso Dastis told reporters at a meeting with his counterparts where the sanctions decision was made.
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