The Trump administration has lifted sanctions against Venezuela's interim president, Delcy Rodríguez, easing the path for deeper cooperation between Washington and Caracas.
The removal of Rodríguez from the US Treasury's sanctions list ends prohibitions on Americans doing business with her, paving the way for American foreign investment and oil output expansion.
Rodríguez praised the decision, calling it a 'significant step in the right direction' towards normalizing relations with the US.
However, other former Maduro officials remain under US sanctions, and some face criminal drug-trafficking charges.
The move comes as Venezuelan diplomats have arrived in Washington to reopen the country's embassy, closed since 2019, and meet with State Department officials.
US officials have said they are implementing a three-part plan for Venezuela, focusing on stabilizing the economy and securing access for American companies to vast energy and mineral resources before working towards a democratic transition.