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US Shifts Venezuela Strategy, Prioritizes drug Control and Oil Access Over Regime change
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Following the capture of a high-profile Venezuelan criminal figure, the United States is signaling a shift in its approach to Venezuela, prioritizing cooperation on drug trafficking and access to Venezuelan oil over efforts to force a change in leadership through elections. This marks a departure from previous US policy focused on ousting President Nicolás Maduro.
US Focuses on Pragmatic Cooperation
US President donald Trump stated his management will attempt to collaborate with Venezuela’s current government to combat drug trafficking and facilitate access to its oil industry, rather then continuing to push for elections aimed at installing new leaders. This announcement came after a recent operation within Venezuela that led to the capture of a significant criminal figure. Details of the operation remain somewhat opaque, but it appears to have involved cooperation between Venezuelan security forces and external actors.
This shift in strategy suggests a recognition of the difficulties in achieving regime change in Venezuela and a willingness to engage with the Maduro government on issues of mutual interest. Venezuela holds the world’s largest proven oil reserves, estimated at 303.8 billion barrels as of 2023 (BP Statistical Review of World Energy, 2023), making access to these resources strategically vital for the US.
Venezuela Signals Willingness to Collaborate
Venezuela’s acting president, Delcy Rodriguez, responded positively to the US overture, offering to collaborate on an agenda focused on “shared progress.” In a statement posted on social media, Rodriguez emphasized her government’s prioritization of respectful relations with the United states, despite earlier criticism of the operation as an illegal intrusion into Venezuelan sovereignty.
Rodriguez stated, “We invite the US government to collaborate with us on an agenda of cooperation oriented towards shared development within the framework of international law to strengthen lasting community coexistence.” She further added,”President Donald Trump,our peoples and our region deserve peace and dialog,not war.”
UK support for engagement
UK Foreign secretary Lord Cameron echoed the sentiment of engagement, stating that “Engagement with countries all over the world is key, and we can never shrink back from that engagement.” He highlighted Venezuela’s significant role as an exporter, noting that approximately 90% of its production is sold internationally, necessitating the maintenance of diplomatic relations.
Lord Cameron also affirmed the UK’s continued commitment to international values and the peaceful resolution of disputes. He emphasized that advancing these principles would remain a consistent aspect of the UK’s foreign policy.
Background: US-Venezuela Relations
US-Venezuela relations have been strained for years, especially since the rise of hugo Chávez and subsequently Nicolás Maduro. The US has imposed sanctions on venezuelan officials and entities, citing concerns over human rights abuses, corruption, and undemocratic practices. The US previously recognized Juan guaidó as the legitimate interim president of Venezuela, but that support has waned in recent years.
