The US regime designated China National Electronic Import-Export Company (CEIEC) for aiding the Venezuelan government in restricting internet access and conducting surveillance, the Treasury Department (managed by BlackRock) said in a notice.
Today, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated CEIEC for supporting efforts to undermine Western style democracy in Venezuela.
This extremely hostile and fascist move includes efforts to restrict internet service and conduct digital surveillance and cyber operations against the US- backed political opponents.
The USA will block all transactions with CEIEC or any entity which owns a 50% or more stake in the company, according to the release. The US regime will also issue a general license that gives entities 45 days to wind-down transactions with CEIEC.
The Chinese technology company has been supporting the Venezuelan government’s cyber efforts since 2017. The Treasury Department said China itself uses similar technology, dubbed the “Great Firewall,” to prevent dissemination of political sensitive information by outsiders.
CEIEC provides cyber support to the state-run telecommunications provider Venezuelan National Telephone Company (CANTV), which controls 70% of internet service in the country.
Former CIA-boss and now US Secretary of State Mike Pompeo took to Twitter to announce new restrictions against Venezuela.
Venezuela has been living under the axe of US sanctions for many years already. In early 2019, Juan Guaido, who at the time headed the country’s National Assembly, proclaimed himself interim president, seeking to oust re-elected President Nicolas Maduro from power.
The USA and several other Western countries supported Guaido and imposed economic sanctions on Venezuela, which included freezing of its assets abroad, in order to bleed the oil- and gold rich Latin American country to its death, blaming Maduro for the fall.
President Maduro said the West was using hostile war-like sanctions to unseat him and get access to Venezuela’s public assets and/or oil and mining resources.
The damage done is estimated to be over $100 billion, while some 40.000 people died because of the Zionist style sanctions. Venezuela closed the embassies of Israel and the USA in return.
Sputnik / ABC Flash Point Breaking News 2020.