August 28, 2017 – Fort Russ News – Paul Antonopoulos
Russia has highlighted that sanctions placed on Venezuela by the United States is aimed to further the economic crisis in the country and further destabilize the volatile situation.
“We are firmly opposed to unilateral sanctions against sovereign states,” said Russian Foreign Ministry spokeswoman Maria Zakharova on Monday.
“The latest measures of financial pressure on Venezuela and President Nicolas Maduro were introduced by Washington at a time when that country showed signs of relative internal political stabilization after the elections to the National Constituent Assembly, street protests eased somewhat and a schedule of forthcoming elections, including gubernatorial and presidential ones, was finalized,” she added.
“In a situation like this the declared sectoral sections against Venezuela’s financial and oil sectors were quite obviously aimed at undercutting the situation in that country and worsening its economic problems,” added Zakharova.
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She highlighted that Russia will continue to maintain its positive relations with Venezuela.
“We will carefully analyze the consequences of the sanctions imposed by the US and their potential impact on the interests of Russia and Russian businesses…However, we can say now that they will not be able to influence our willingness to develop and boost our cooperation with a welcoming Venezuela and its people,” she added.
She then went onto add that Russia is willing to assist Venezuela in anyway possible to alleviate the crisis in the country.
“This task’s solution requires, in no small measure, political assistance from outside…We are ready to contribute to the settlement in Venezuela to an extent, to which this is conditioned by the internal political developments in this state,” she emphasized.
An executive order that prohibits dealings with Venezuela was signed by US President Donald Trump on Friday. The sanctions halted US financing of what the White House incorrectly called President Nicolas Maduro’s “dictatorship” by not allowing American’s to by Venezuelan bonds.
Paul Antonopoulos is a Research Fellow at the Center for Syncretic Studies. He has an MA in International Relations and is interested in Great Power Rivalry as well as the International Relations and Political Economy of the Middle East and Latin America.