17:05 GMT02 December 2020
Listen Live
    Latin America
    Get short URL

    MEXICO CITY (Sputnik) - Venezuelan leader Nicolas Maduro has thanked Russian President Vladimir Putin for recognition of the results of Venezuelan presidential election.

    "Strong cooperation ties are uniting Venezuela and Russia. I am thanking President Vladimir Putin for the recognition of our victory. We will keep working on building a multipolar world," Maduro wrote in his Twitter.

    The Venezuelan president has also thanked Chinese leader Xi Jinping for the recognition of the election results.

    A number of countries, including the United States and the United Kingdom, have refused to recognize Maduro's victory in the Sunday election.

    Moreover, US President Donald Trump, citing fraudulent election, issued an executive order banning US citizens from all transactions tied to Venezuelan government debt. The order also prevented Venezuelan officials from selling equity in any entity majority-owned by the government.

    Trump said his administration took action to prevent Venezuelans officials from liquidating assets that could help Venezuela’s economy.

    The vote took place amid a severe financial crisis in Venezuela whose economy has been hit by falling oil prices. Caracas also experienced mass protests last year, which initially were organized in response to the highest court's decision to significantly limit the parliament's legislative powers.


    US Warns China, Russia About Issuing New Debt for Venezuela
    US Vice President: Venezuela’s Presidential Election 'Neither Free Nor Fair'
    Lima Group Recalling Ambassadors for Consultations After Elections in Venezuela
    Western Media Writing Off Venezuela’s Elections - Unless Their Candidate Wins
    Expert Explains Who Might Help Settle Venezuela Crisis
    economy, sanctions, vote, outcome, recognition, results, election, Nicolas Maduro, Vladimir Putin, Xi Jinping, US, China, Russia, Venezuela
    Community standardsDiscussion