Is Biden Using a Trump Card to Pressure Maduro Regime Change in Venezuela? | WHAT REALLY HAPPENED

Is Biden Using a Trump Card to Pressure Maduro Regime Change in Venezuela?

Six years of punishing economic sanctions have had a “devastating” humanitarian impact on Venezuela, the United Nations Special Rapporteur writes in a scathing report made public last month. It calls on the United States, the United Kingdom, and the European Union to lift the economic sanctions that have strangled Venezuela’s economy in violation of international law.

The “Venezuelan government’s revenue shrunk by 99 percent, with the country currently living on 1 percent of its pre-sanctions income,” the report says, impeding “the ability of Venezuela to respond to the COVID-19 emergency.”

Moreover, the sanctions are “violations of international law” that have exacerbated Venezuela’s economic crisis with “ineffective and insufficient” carve-outs for humanitarian issues, said Alina Douhan, the U.N.’s Special Rapporteur. The report urges “the governments of the United Kingdom, Portugal and the United States and corresponding banks to unfreeze assets of the Venezuela Central Bank to purchase medicine, vaccines, food, medical and other equipment.” This would free up about $6 billion in frozen Venezuelan foreign assets so that Maduro’s government could purchase needed supplies to combat the pandemic.

On March 2, Secretary of State Antony Blinken spoke with Venezuelan opposition leader Juan Guaido on the phone. The United States has recognized Guaido as the rightful leader of Venezuela since January 2019 when he invoked the constitution to assume an interim presidency, arguing President Nicolas Maduro’s 2018 re-election was fraudulent.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA