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June 5, 2022
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Head of State: Venezuela maintains communication with US delegation

Head of State: Venezuela maintains communication with US delegation

The president of the Bolivarian Republic of Venezuela, Nicolás Maduro, affirmed that there is permanent communication with the delegation sent by the president of the United States, Joe Biden.

“These are important steps, but there is still a lot to do,” said the Head of State on Saturday during an interview with the radio program Diálogo Internacional, hosted by Atilio Borón and broadcast by La Radio del Sur.

He specified that the United States took small but significant steps by granting licenses to the American company Chevron, the Italian Eni and Spanish Repsol to initiate processes that lead to the production of gas and oil in the country.

However, he stressed that Venezuela’s demand is that “all cruel, criminal measures of sanctions against the Venezuelan economy be lifted.”

Likewise, President Maduro recalled that on March 5, a commission from the Biden government met with him from the Miraflores Palace, where it was agreed to start the oil production processes, as some international media had been announcing.

New geopolitical stage

President Maduro also referred to the conflict between Russia and Ukraine, and said that as a result of it the world is entering a new geopolitical age.

He said that he is observing the geopolitical development towards a direction more favorable to the peoples, based on the mechanisms of commercial exchange that overcome the hegemony of the dollar.

“The hegemony of the dollar will decline and the world’s monetary and commercial exchange will be occupied by other currencies, other cryptocurrencies and will give a new face to the economic life of humanity,” he assured.

Sanctions against Russia generate boomerang effect

At the same time, he stressed that the United States government intended to crush Russia with the imposition of sanctions “and the opposite has happened”, given that the restrictions led to an increase in inflation, as well as in food prices. and petroleum derivatives.

“What happened is what Washington and Brussels did not expect that the threats against President (Vladimir) Putin and Russia would come back to them and turn into the most frightening inflation they have had in the last 40 years,” he stressed.

He warned that the recent economic sanctions of European countries against Russian oil and its derivatives could trigger the increase of a barrel of crude oil to 150 dollars.

Likewise, he asserted that these actions continue to affect the increase in food prices, which is why he considered it contradictory that even though “they have experts in this matter, they have not been alerted to what was going to happen.”

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