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PM Mottley decries Venezuela sanctions

August 4, 2023

Prime Minister Mia Amor Mottley has decried sanctions placed on Venezuela which she says are impacting Caribbean countries’ ability to counter rising fuel prices.

Under the PetroCaribe deal, member countries were able to purchase oil from Venezuela at concessionary prices but now face the wrath of the US if they defy the sanctions in place.

Prime Minister Mottley however notes US company Chevron and EU member countries continue to access this same oil.

She says it cannot be OK for some to trade with those who have sanctions and others to be precluded.

Prime Minister Mottley was speaking during yesterday’s Roundtable Talk on Reparations at the Lloyd Erskine Sandiford Centre.

She suggested the conversation on reparations must take into account the issues that are currently confronting countries, including debt, the impact of the pandemic and the climate crisis.

While noting that monetary compensation is important, she says it must also be about flexibility of policy, which is fundamentally what the Bridgetown Initiative is about.

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