Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Venezuela dialogue could open way for international help - U.S. diplomat

Published 24/06/2016, 21:22
© Reuters. Venezuela's President Nicolas Maduro attends a meeting with U.S. diplomat Shannon at Miraflores Palace in Caracas

By Lesley Wroughton

WASHINGTON (Reuters) - Dialogue between the Venezuelan government and opposition could provide a platform from which they could request help from the international community, U.S. Under Secretary of State for Political Affairs Tom Shannon said on Friday.

Shannon held talks with Venezuelan officials, including President Nicolas Maduro and opposition figures, in Caracas this week amid a punishing economic crisis in the South American nation. A date had not been set for another round of talks, he said.

During the visit, Shannon also met with former Spanish Prime Minister Jose Luis Rodriguez Zapatero. He, along with former presidents Martin Torrijos of Panama and Leonel Fernandez of the Dominican Republic, are trying to facilitate talks between the government and the opposition.

Given the diametrically opposed views of each side in Venezuela, internationally mediated talks outside Caracas could help address their differences, Shannon said.

"The hope (is) that this can be used not only to address political differences but also to create a platform from which both the government and the opposition can ask for help from the international community to address some of the very significant crises that Venezuela faces now," Shannon told reporters.

"It is up to the two parties to determine whether or not the facilitators are the right ones. Our view is that they are at this point," he added.

Shannon did not specify what type of help Venezuela could ask for.

His three-day visit comes amid increasing concern among Venezuela's neighbours about the situation in the South American OPEC nation.

Once among Latin America's most prosperous nations, Venezuela has plunged into unrest and a harsh economic slowdown. Long lines for food and medicines have led to protests and opposition calls for a recall referendum to remove Maduro.

Despite protests from Venezuela's Foreign Minister Delcy Rodriguez, a majority of member states from the 34-nation Organization of American States (OAS) on Thursday backed a move by OAS chief, Luis Almagro, to "invoke" the organisation's democratic charter on Venezuela.

While the move could eventually lead to Venezuela's suspension, there is currently little appetite within the regional bloc to suspend Venezuela, with all member states favouring dialogue as a first step.

Shannon said Venezuela felt "uncomfortable" with the OAS process, adding: "They don't like being called out."

© Reuters. Venezuela's President Nicolas Maduro attends a meeting with U.S. diplomat Shannon at Miraflores Palace in Caracas

"My hope is that we will have a follow up date in the very near future," he added.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.