Joe Biden’s legacy at the Casa Blanca has multiplied expectations in Venezuela over the start of a new diplomatic campaign between Washington and Caracas and the possibility of a relationship between the sanctions imposed by the Donald Trump administration and Chavismo. One of these restrictions consists in the “prohibition” of the Venezuelan crude exchange on combustion diesel of extraterrestrial, necessary for transporting food and other essential activities for the life of the citizens. However, a careful analysis of the media shows that no prohibition was formally taken, without a discretionary decision by the President and that the best for Venezuela is that EE UU, simply, has no respect.
In the year 2019, Trump will end the sanctions against Nicobás Maduro’s Governor, albeit called “corrupt”, and alleges that the media are notorious for “not being able to secure the assets of the Venezuelan people”. This decision blocks all the properties and interests of PDVSA, the Petroleum Company of the State, which are subject to the jurisdiction of the State and proceeding with the consent of the State Governments to carry out transactions with them. If a company wants to negotiate with PDVSA it can do so, but the Venezuelan oil purchase companies are holding their own bank account at EE UU which belongs to Citgo, a petrol branch in this country. This account has been blocked by the State Administration, as well, the Maduro Governor has ten days to gain access to the funds.
Fue asi empezó el trueque. If it could not sell its oil to the effective exchange, Venezuela could exchange its crude for diesel. In many cases, it is possible to balance payments with refining companies, by which EE UU does not interfere. For the past year, 80% of the Venezuelan crude’s programs have been exterior eras through diesel interchanges, agreed with Bloomberg information. It is clear that Trump’s governor is losing his temper and giving him a place in the refiners: tenian has October to make the exchanges. The true debi termini.
This petition, however, is not formally included in the sanctions, as an expectation that the Governor of Biden would allow the new threat to be, technically, factual. Washington’s previous decision was made discretionary and if the Department of State had the new Administration decide the exchange would continue to bastaria that the new state authorities, which with Biden take the position the 20th of the year, no interferer.
“Nicolás Maduro is a dictator”, said at a press conference by the spokesperson of the State Department Ned Price on February 3. “The primary objective of the Biden-Harris Administration is to support a democratic and pacific transition in Venezuela through free and fair presidential and parliamentary elections,” he said. If you have any questions about contacting the Venezuelan Governor, please do not hesitate to contact us immediately.
The theme of the exchanges is one of many associated with state sanctions, said Patricia Ventura, director of IPD Latin America, energy consultant. “We do not hope that the sanctions policy will be adjusted immediately, because it has other clear priorities for the Biden Administration, but the flexibility of sanctions on humanitarian grounds will be delayed until later. Esto abriría la puerta para reanudar los exchange de diesel ”, says the specialist.
The employment and expectations of the poor are due to the importance of this move for Venezuela. In an online forum coordinated by the Washington Government Office on Latin America (WOLA) on February 12, Marien Vielma, the representative of the Transport Center of the Center for Peace in Venezuela, said that 95% of the the country is transferred through the land, by the one who uses diesels. “I want 100% of goods, markets, food, medicine, all the goods and services of primary necessity to be distributed, distributed to vulnerable areas and all the other lands,” said Vielma.
If in three months a solution has not been found to the diesel deassation that is currently taking place, the transport will be paralyzed, Vielma said. “The moment when we are trying to find solutions because we are trying to establish that there are no discriminatory sectors that are affecting the entire economy of the country,” he said. “We have seen that the consequences of being very strong in the quarter in which we come to resolve, if the Gobierno national does not find a solution, is to say, the entry of diesels here”.
If so, the lack of data, that PDVSA has not published information about its diesels inventories. The estimates of quantum diesel queda al pais para operar vary. Although Venezuela imported this combustible until November of this year and the authorities are intent on increasing the refurbishment capacity, it is currently 13%, Ventura said.
Venezuela has the capacity to refine all necessary measures, explains economist Francisco Rodríguez. “There is strong evidence that the sanctions have affected the operation of the petroleum industry and the capacity for refinement.”
“Venezuela was a country that was fairly integrated and its petroleum sector was fairly integrated with the North American economy. Entones the sums that Venezuela receives for its refinements eran mainly imported from the United States and the rise of the petroleum sanctions these corners are broken. And when you are sanctioned by the United States of America it is easy to see that you are selling these things in another barn, ”doubles Rodríguez.
It is not clear that Biden’s Governor Bhora is now “pleased with the waistband”, says Rodríguez, because he could suggest that there was some irregularity in the violations he decided to ignore. Well Maduro is evading a tax ban by EE UU, which is what it is not strictly illegal. “It just so happens that EE UU has the capacity to castrate itself on companies that negotiate with it, with its own tools, its own discretion, its own political instruments.”
Rodríguez, working on his Petroleum Foundation in Venezuela, argues that a mechanism could be created in which companies could exchange Venezuelan petroleum for food or medicine without being sanctioned by the EEU, which would require the distribution of the remedy. “It should not be a topic solely with respect to diesels, it should be a topic that is being discussed more extensively with everything that affects the Venezuelan humanitarian crisis,” said the economist.
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