The US blockade against Venezuela is causing the suffering of the Venezuelan people and must be ended, Venezuelan Foreign Minister Jorge Arreaza said during an interview in New York City on Monday
WASHINGTON (Pakistan Point News / Sputnik - 25th February, 2019) The US blockade against Venezuela is causing the suffering of the Venezuelan people and must be ended, Venezuelan Foreign Minister Jorge Arreaza said during an interview in New York City on Monday."The main reason why our economy has trouble is because of international attack and specifically this blockade and sanctions from the US," Arreaza told Democracy Now. "This blockade is being translated into the suffering of many Venezuelans and this has to be stopped."
Arreaza emphasized that the US blockade remains the main cause for the country's economic crisis.
"We have an economic crisis. Has there been mismanagement? Maybe. We are not a perfect government, and it's very difficult to know what decisions to take when your economy is under aggression, when there is an economic warfare against your economy," he said.
The foreign minister said that were it not for the US sanctions and blockade, the country's leaders would be able to manage the economy.
"If we had the $30 billion that this blockade has cost over one year and a half and $15 billion that our companies Citgo represents in the value of the assets, things would be very different," he said.
The United States has imposed numerous rounds of sanctions on Venezuela and has also seized the country's assets. In January, Washington blocked around $7 billion in assets belonging to Venezuela's state oil firm PDVSA and began transferring control over them to the president of the opposition-controlled National Assembly Juan Guaido.
On January 23, Guaido declared himself the country's "interim president." Maduro, who was sworn in for his second presidential term on January 10 after winning the May election, which part of the opposition boycotted, qualified Guaido's move as an attempt to stage a coup that Washington had orchestrated.
The United States immediately recognized Guaido, after which 50 other countries, including Germany, followed suit. Russia, China, Cuba, Bolivia and a number of other states have, in the meantime, voiced their support the legitimate government of Maduro.
