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Significance
Washington is increasing pressure on President Nicolas Maduro at a time of heightened vulnerability for both the Venezuelan government and people. It is a risky strategy on political and public health grounds.
Impacts
The US ‘carrot and stick’ approach is contradictory and encourages Maduro and his officials to hunker down.
Without agreement on humanitarian aid or the lifting of US sanctions, Venezuelans face grave health risks.
Falling remittances will deal a new blow to the tottering economy.
Keywords:
Venezuela,
LA/C,
United States,
Colombia,
Ecuador,
Peru,
economy,
industry,
international relations,
politics,
social,
government,
health,
military,
oil,
opposition,
policy,
refugees,
remittances,
sanctions,
talks
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2020
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