Sanctions, Investment, and the Oil Recovery Plan

It’s been five weeks since the U.S. removed former Venezuelan President Nicolas Maduro from power. But the question on everyone's mind is what comes next now that Maduro is no longer in power. 

State Department Deputy Spokesperson Tommy Pigott joined “The Signal Sitdown” this week to discuss the plan to stabilize, recover, and transition power in Venezuela.

Pigott explained the administration's phased approach to Venezuela. 

"First, the stability of Venezuela. Second, the recovery, where you might see the beginnings of investment, in oil infrastructure, for example. Then the third phase being that transition to a longer-term situation where hopefully you have a reliable partner in the region."

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