U.S. Offers Venezuela Sanctions Relief in Return for Transitional Rule

WASHINGTON—The Trump administration plans to announce a proposal on Tuesday that calls for Venezuelan President Nicolás Maduro to hand power to a transitional government in return for sanctions relief and other measures, senior officials said.

Under the terms of the proposal, a council made up of representatives from both Mr. Maduro’s government and the opposition led by U.S.-backed Juan Guaidó would form a transitional government until an election is held later in the year.

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