End the Blockade against Venezuela!
The series of US sanctions against Venezuela aimed at pushing the people to turn against the Maduro government is a dismal failure. More than turning the people disloyal to its government, the sanctions have practically built an economic, financial and commercial blockade that is slowly killing the Venezuelan people. The Philippines-Cuba Cultural and Friendship Association (PhilCuba), strongly denounces the series of sanctions, against Venezuela and is asking the United Nations to do everything possible to stop this. The sanctions that started during the Obama administration escalated during the Trump administration and has become of US’s weapons in its arsenal against a country that has chosen to exercise its right to self-determination and guard against foreign encroachment on its national sovereignty and patrimony. This started with visa restrictions and barring of certain Venezuelan government officials from travelling to the US and freezing of their assets of in the US and after Obama declared Venezuela as an “unusual and extraordinary threat to US’s national security.” Additional sanctions, however, have been enforced by the Trump administration, targeting not only individuals but companies, including the state-run Venezuelan oil company, the PDVSA and lately, the Venezuelan General Mining Company (Minerven) and the Central Bank of Venezuela itself. Like its “embargo” against Cuba, the sanctions against Venezuela are extraterritorial in character. These are being imposed even by other countries pressured by the US not to buy oil and gold from Venezuela, not to buy Venezuelan securities including bonds, loans, credit extensions, and others and to close its bank accounts. Transacting business using the Venezuelan cryptocurrency Petro is also being blocked by the US As a result, it has become extremely difficult for Venezuela to sell its products and to buy its much-needed food and medicines. The United States should stop this irrational and unjust blockade against Venezuela! The whole world should unite in denouncing this new war instrument called sanctions that is slowly annihilating peoples. |