Venezuela has reiterated its sovereignty and independence in response to U.S. sanctions, which primarily target its oil and financial sectors. teleSUR
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00:00Venezuela affirmed that international hydrocarbon companies do not require licenses from third
00:04governments to operate in the country in view of the U.S. intention to sanction their activities.
00:09Through a statement, Venezuelan Vice President Delta Rodriguez informed that she maintains
00:13fluid communication with oil and gas companies affected by the sanctions, affirming that the
00:18Bolivarian Republic is prepared to comply with the contracts with these companies,
00:22respecting the Constitution and national laws. Furthermore, the text reaffirmed that
00:26international companies do not need authorization from foreign governments
00:30since Venezuela does not recognize extraterritorial jurisdiction.