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November 30, 2022
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UN creates fund to channel aid to the country

UN creates fund to channel aid to the country

The United Nations Organization (UN) will create a common fund to channel assistance to Venezuela, after the agreement reached last Friday between the Government and the opposition of that country to unlock Venezuelan funds illegally blocked by the United States and its allied countries. in the international banking system.

The fund may also receive funding from donors, and its mission will be to distribute them to UN agencies so that they can channel the necessary aid “for humanitarian purposes,” said the spokesman for the multilateral entity, Stéphane Dujarric, according to EFE.

The release of the frozen funds was agreed within the framework of negotiations between the Government and the extremist sector of the opposition sponsored by Norway and with the support of Mexico.

Until mid-2021, more than 7 billion dollars in liquid resources were blocked, which different international banks have frozen and denied to the Venezuelan government by order of the United States and at the request of former congressman Juan Guaidó and his G-4 allies (First Justice , Voluntad Popular, Un Nuevo Tiempo and the extremist wing of Acción Democrática).

There are more than 700 illegal sanctions imposed against the country, according to government data.

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