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Russia Sends Hundreds Of Millions Of Dollars To Venezuela

Video Credit: Wochit News - Duration: 00:50s - Published
Russia Sends Hundreds Of Millions Of Dollars To Venezuela

Russia Sends Hundreds Of Millions Of Dollars To Venezuela

Hundreds of millions of dollars have been shipped from Russia to Venezuela.

According to Business Insider, $315 million was sent from Russia between May 2018 to and April 2019.

The money can be used in a variety of methods.

For example, to repatriate cash held overseas or dividends from a stake in a Moscow-based bank.

Venezuela has been subject to a variety of sanctions from the US.

The Trump administration recognizes opposition leader Guaid贸 as president of the country, not Maduro.

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