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LatinNews Daily - 10 June 2021

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In brief: Venezuela’s foreign minister says billions frozen abroad

* Venezuela’s foreign minister, Jorge Arreaza, has said that US$6bn of the country’s assets are frozen in foreign accounts as a result of international sanctions against the goverment led by Nicolás Maduro. Arreaza also denounced the confiscation of service stations and refineries belonging to Citgo, the US-based subsidiary of Venezuela’s state-owned oil company Pdvsa. He called on the US and European Union to heed last year’s calls by Michelle Bachelet, the United Nations high commissioner for human rights, to soften sanctions due to the humanitarian damage they are causing in the context of the coronavirus (Covid-19) pandemic.