President Nicolas Maduro's government pulled out of talks with Guaido scheduled to be held in Barbados last week. This was in protest at a further escalation of US sanctions on Venezuela announced on August 5. The Norwegian-sponsored dialogue efforts may get back on track, but they face stiff opposition from Washington and more radical elements of the Guaido alliance.
- The executive order moves the United States closer to a full embargo on Venezuela, but no nearer to removing Maduro from office.
- Discord in the Guaido alliance will lead to a splintering of opposition groups.
- The decision to withdraw from the Barbados talks has deepened schisms within the ruling PSUV.