The Washington Post reports that the Trump administration is preparing to add Venezuela to the U.S. list of state sponsors of terrorism in what would be a dramatic escalation against the socialist government of Nicolás Maduro, according to U.S. officials and internal government emails.
The (American) list is reserved for governments accused of repeatedly providing “support for acts of international terrorism,” which includes only Iran, North Korea, Sudan and Syria.
Countries, where terrorism is endemic to daily life in more recent years, are quite often those that America and its allies have attacked, namely: Afghanistan, Iraq and Libya, which are not mentioned in their list. There are other countries in the same region who should be on that list, that isn’t.
Republicans have long accused Venezuela of having ties to terrorist organizations but experts all over the world have played down any such assertions. They warn that the legitimacy of the U.S. list is applied inconsistently anyway.
Relations between Cuba and Venezuela, since 1902 were aggravated by the Cold War but then changed towards defending themselves from a common enemy – America.
It is a Cuban American politician that is calling for the terrorism designation? He has clamoured for a tough U.S. posture toward Venezuela, a longtime backer of the Castro regime in Cuba.
In the meantime, the proven oil reserves in Venezuela are recognised as the largest in the world, totalling 297 billion barrels, currently worth well over one trillion dollars. Saudi Arabia was knocked off the number one slot just a couple of years ago in terms of known reserves.
Another stunning statistic that should surprise absolutely no-one with an internet connection, is that Venezuela also happens to be the largest supplier of oil to the United States, sending about 1.5 million barrels per day.
Not paying for that would be good for America’s economy, as would stemming their supply to America’s competitors.
During a press conference with Calixto Ortega, the president of the Central Bank of Venezuela on Tuesday, Economy Vice President Tareck El Aissami said in early October that all future transactions on the exchange market would be made in euro, yuan and “other convertible currency” instead of the US dollar.