“This (news about US sanctions. -

RT

) fell like a bucket of cold water ... I will resign from the post of vice president,” RIA Novosti quotes him.

Velasquez noted that he would also leave the race for the presidency.

US Secretary of State Anthony Blinken said earlier that the US is imposing sanctions on Paraguay's Vice President Hugo Velazquez for their involvement in "significant corruption."

He also said that the United States is imposing visa sanctions on 100 Belarusian citizens.