18:50 GMT +326 June 2019
Listen Live
    A supporter of Venezuelan opposition leader and self-proclaimed interim president Juan Guaido holds a flag

    US Sanctions Won't Stop Venezuela, But Still Do Damage - Governor of Miranda

    © REUTERS / Manaure Quintero
    Latin America
    Get short URL
    Political Crisis in Venezuela (540)
    190

    CARACAS (Sputnik) - Washington's sanctions against Venezuela will not bring the country to a standstill, but will still do damage, Hector Rodriguez, the governor of the northern Venezuelan state of Miranda, said in an interview with Sputnik.

    "In general, the sanctions do not stop us but make the development more expensive. At the same time, this urges us to change technologies and [look for new] partners — not only political but economical as well", Rodriguez said.

    He added that the country was currently going through a tough period.

    "But at the same time this is a possibility for Venezuela to finish the process of liberation — not only in terms of politics but also in terms of the economy and technology", Rodriguez specified.

    READ MORE: Coup D'etat Is Against Venezuela's Constitution — Guaido Representative to OAS

    Venezuela is currently in a state of political and economic crisis, with Juan Guaido, the head of the opposition-controlled Venezuelan National Assembly, having declared himself the country's interim president last Wednesday. Since the United States and several allies instantly recognised Guaido, incumbent leader Nicolas Maduro has accused Washington of orchestrating a coup in Venezuela.

    On 28 January, US National Security Adviser John Bolton announced that the United States was imposing sanctions against Venezuelan state-owned oil company PDVSA, banning deals with the company and blocking $7 billion in PDVSA's assets. US Treasury Secretary Steven Mnuchin told reporters that by blocking PDVSA's assets, the United States was preserving the company in the interests of the Venezuelan people and taking measures to protect its own market.

    Topic:
    Political Crisis in Venezuela (540)

    Related:

    Mexico, Spain Call for ‘Dialogue Without Conditions’ in Venezuela - Obrador
    US Should Not Engage Militarily in Venezuela - Ex-SOUTHCOM Commander Stavridis
    Guaido Had 'Clandestine Meetings' With Venezuela's Military, Security - Reports
    Bolivia Says Joins Mexico, Uruguay's Int’l Conference on Venezuela Initiative
    Tags:
    economic crisis, opposition, political crisis, Venezuela
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik