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End of US sanctions on Venezuela?

On Sunday, November 8, 2020, political leaders of the Latin American and European left, have signed the document called “Declaration of La Paz in favor of democracy and against the extreme right”, which is a manifesto signed by the presidents of Argentina, Alberto Fernandez; from Bolivia, Luis Arce; and the Vice President of the Government of Spain, Pablo Iglesias.

The aforementioned document states the following: “Today democracy is threatened and it is enough to analyze the political events of recent months in Bolivia, the host country of this Declaration, to verify that the main threat to democracy and social peace in the 21st century is the coup of the extreme right”.

During the act of presidential inauguration in Bolivia, scene chosen for the signing of the aforementioned manifesto, the President Luis Arce pointed out to the outgoing government of Jeanine Áñez as illegitimate, whose de facto origin has represented a setback for the progressive and democratic trend in Latin America.

Such factual actions have been widely denounced in Bolivia and by a large part of the international community as a coup, which aimed to overthrow the then president Evo Morales and his party Movimiento al Socialismo (MAS).

In this sense, regarding the actions of the political right at the world level, which spares no effort in attacking the constitutional thread of sovereign nations, the “Declaration of La Paz in favor of democracy and against the extreme right” report the following: “An ultra-right that expands globally, that spreads lies and systematic defamation of adversaries as political instruments, appealing to persecution and political violence in different countries. It promotes destabilizations and anti-democratic forms of access to power ”.

The aforementioned document adds that “This action undemocratic it is strengthened where it finds communicational powers at its service, which, accumulating an immense power of influence, intend to manipulate and protect democracies in defense of their political and economic interests “.

A year later, Bolivia becomes “International reference of the citizen response to the coup”, so declares the manifest during the presidential inauguration ceremony Arce. In this sense, the leaders who signed the document have expressed their unrestricted commitment to work together “For the defense of democracy, peace, human rights and social justice in the face of the threat posed by the ultra-right coup”.

It should be noted that the declaration was not only signed by active leaders in their magistracies, but also signed by different political figures in Latin America and Europe recognized for their struggles in favor of democracy and progressivism. The signatories also include the former presidents of Bolivia Evo Morales, from Spain Jose Luis Rodriguez Zapatero, from Brazil Dilma rousseff, from Ecuador Rafael Correa and of Greece Alexis Tsipras.

Likewise, the candidates for the Presidency of Ecuador Andres Arauz, From Chile Daniel Jaduem, from Colombia Gustavo Petro and from Peru Veronica Mendoza, next to Jean Luc Melenchon, leader of France Insoumise, and Caterina martins, from the Bloco de Esquerda in Portugal, complete the signatories.

The new times that are looming for Latin America a new turn towards left, towards the long-awaited regional integration and harmonization of local economies. Similarly, the cohesion of the political line in Latin America will be an important retaining wall against local and extra-continental interference from the right.

It is precisely Latin America where the nation is most vulnerable by US interventionism and its allies in Europe in recent years, Venezuela. Country which has been subjected to an economic blockade promoted by the US Congress and the Executive Order issued by the former US president Barack Obama on March 8, 2015.

In said order, Venezuela is classified as a “unusual and extraordinary threat to the national security of the United States”. By means of the aforementioned document, the US president “It obtains certain exceptional powers that allow it, for example, to impose sanctions or freeze certain assets”, which would be used by the then president, Donald trump, who imposed measures that affect the private banking of Venezuela, as well as the markets and other international financial institutions, causing great havoc in the Caribbean nation.

On July 31, 2017, after election day for the vote of the National Constituent Assembly In Venezuela (ANC), the US government used economic sanctions on the president Nicolas Maduro as “lesson” for not having suspended the call for these elections, as demanded by Trump.

During the month of March 2018, the White House imposed six new coercive measures against cryptocurrency Petro, a financial mechanism promoted by the Government of Venezuela to balance the economy by prohibiting debt restructuring and preventing the repatriation of dividends from Citgo petroleum, company of the Venezuelan State. They also prohibited any citizen or institution from making financial transactions with the Venezuelan cryptocurrency.

All these losses are the result of the actions promoted by the deputy of the National Assembly (AN) Juan Guaidó, together with the government of the United States, when requesting sanctions for Venezuela as a means of managing large amounts of money from Citgo assets, as well as the handling of foreign funds destined for alleged humanitarian aid.

Faced with these interventionist scenarios, he envisions a back political bloc by the Latin American region towards Venezuela and its Bolivarian government, serving as an important counterweight to the claims of the right in that nation.

However, despite recent changes in the US administration, where the media projects Joe biden as the virtual winner of the presidency, both the party Democrat As the Republican they will keep the political approach against Venezuela in force until a change of government occurs in the South American country.

It is important to highlight that during 2015 the transformation of the political panorama of the American continent, especially in the political tendency of countries that had been governed in the last decade by center-left coalitions. The arrival to power of the right in its different forms was classified by certain analysts as the “End of the progressive cycle”.

But recent history has shown that, following the victory of Lopez Obrador, the return of Peronism in Argentina, the electoral backlash by the Bolivian MAS, as well as the victory of the Chilean plebiscite set the course for the reconquest by the Latin American left of the leaderships of political power in their different countries.

Within these new dynamics there are also leaderships renovated. Example of this is Gustavo Petro and Human Colombia, Andres Arauz in UNES, Gabriel Boric and the Chilean Broad Front, Andrónico Rodríguez and the MAS, Veronika Mendoza and the New Peru.

All this is proof of the appearance of political scenarios that, together with their new protagonists, represent the integrationist continuity of Latin America. In this context, nations like Cuba or Venezuela They are not isolated on the political map, allowing them an interesting diplomatic margin of maneuver to confront any interventionist pretense.

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