Venezuela: Trump Asset Freeze Formalizes 'Blockade'

In a statement, ministry says it would not allow the 'escalation of aggressions' to affect 'political dialogue processes'

Venezuela's President Nicolas Maduro at Miraflores presidential palace in Caracas, Venezuela, February 14, 2019.

Venezuela's foreign ministry on Tuesday said a new move by U.S. President Donald Trump to freeze all the country's assets in the United States was an effort to "formalize a criminal economic, financial, and commercial blockade that has already started."

In a statement, the ministry said it would not allow the "escalation of aggressions" to affect "political dialogue processes."

Venezuela's government and opposition are currently engaged in talks mediated by Norway's government to resolve the South American country's deep political crisis.