Vice President Rodríguez: US sanctions against Venezuela remain intact

The Executive Vice President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, affirmed that the unilateral coercive measures imposed by the United States and the European Union (EU) remain intact against the country:

This sanctioning system is one of extortion and blackmail, and in addition, it sought to suffocate the Venezuelan economy to pressure the people to change their political course. There are 930 illicit sanctions against Venezuela that are absolutely in force,” said Rodríguez during the Russian Energy Week Forum “World Oil and Gas Market,” held in Moscow.

She indicated that the impact of Western sanctions against Venezuela has had serious consequences: “In the last five years our country lost the production of 3,995 million barrels of oil, which represents a barbaric figure of 232 billion dollars,” she said.

However, she pointed out that based on the people’s own efforts, the Bolivarian Government has been undergoing an economic recovery process. “In 2024, Venezuela is projected to be one of the first growing countries in South America,” she highlighted.

Finally, the Vice President of the Republic, Delcy Rodríguez, warned that the geo-strategic objective of the US and the EU when imposing unilateral coercive measures is to attack oil-producing countries: “Russia, Iran and Venezuela are sanctioned, there we can see the impact of geopolitics on the world energy market,” she stressed.