03:28 GMT +321 September 2019
Listen Live
    A man walks past a portrait of Venezuela's President Nicolas Maduro in Caracas, Venezuela August 7, 2017.

    US Treasury Official Believes Venezuela 'Clear Threat' to Regional Stability

    © REUTERS / Ueslei Marcelino
    Get short URL

    Venezuela has been struggling with political and economic crises, including a shortage of goods and galloping inflation, which prompted thousands of migrants to flee the country in search for resettlement in other regional states.

    Senior US Treasury official, Marshall Billingslea, said on Tuesday that Venezuela can threaten regional stability stressing that Maduro's government seriously challenges the United States and may create serious problems for its allies, Brazil, Colombia and Argentina.

    "Venezuela poses a clear threat to regional stability and security," Billingslea, assistant secretary for terrorist financing at the Treasury Department said.

    READ MORE: Bogota Rejects Media Reports About Colombia-Brazil Plans to Invade Venezuela

    He stressed further that Venezuela's issue is "hemispheric" and the US sees "the implosion" of Maduro's rule as a "direct challenge."

    Billingslea's comments follow Monday discussions on Venezuela between US Secretary of State Michael Pompeo and Brazil's new president-elect Jair Bolsonaro.

    Earlier this year, US President Donald Trump said Maduro's rule "could be toppled very quickly by the military if the military decides to do that." Venezuela condemned Trump's statement which was aimed at interference in country's internal affairs, according to the Venezuelan Foreign Ministry.

    Venezuela has been engulfed in a deep economic crisis since the fall of oil prices in 2014. The economic situation is aggravated by the political crisis in the country.


    Venezuelan President Maduro Says Possible Meeting With Trump to Change a Lot
    Venezuelan Cryptocurrency Petro to Be Adopted for Int'l Trade on Oct. 1 - Maduro
    Maduro Reveals Timing of Venezuela's PDVSA to Conduct All Transactions in Petro
    threat, Venezuelan Foreign Ministry, US Treasury, Marshall Billingslea, Nicolas Maduro, United States, Venezuela
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik