Mar 14 • 23:19 UTC 🇪🇨 Ecuador El Universo (ES)

Delcy Rodríguez tells Petro that zero tariffs are not possible due to sanctions against Venezuela

Delcy Rodríguez, the acting president of Venezuela, rejected Colombian President Gustavo Petro's proposal for zero tariffs on bilateral trade, citing the impact of U.S. sanctions on Venezuela.

Delcy Rodríguez, the acting president of Venezuela, expressed her disapproval of Colombian President Gustavo Petro's suggestion of implementing zero tariffs in bilateral trade. She highlighted that the U.S. sanctions against Venezuela create significant economic disparities that make such a proposal impractical. Rodríguez stated that while the idea is appealing, the realities of the sanctions mean that Venezuelan producers are unable to compete on equal footing in international trade.

Rodríguez emphasized that for any meaningful trade relationship to flourish, it's essential to address the constraints imposed by these sanctions, which affect the livelihood of the Venezuelan people and its production capacities. She called for the lifting of these sanctions by the U.S. government, arguing that without this, any efforts toward economic integration would remain unworkable. The sanctions have severely hindered Venezuela's economy, which continues to struggle under the weight of international restrictions.

The dialogue between the two leaders signifies critical regional dynamics in South America, as they explore opportunities for closer economic ties amidst ongoing political turbulence. Petro’s proposal for a zero-tariff regime and an emphasis on clean energy integration reflects ambitions for enhanced cooperation, but the road ahead is complicated by geopolitical obstacles, particularly the historical sanctions placed on Venezuela by the U.S. government.

📡 Similar Coverage