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US Sanctions on Venezuela: A Chronicle of Failed Policies



The United States has once again flexed its economic muscles, reimposing coercive measures aimed at suffocating Venezuela's oil industry. This move, part of a broader trend of unilateral sanctions, signifies a failed policy approach that has wrought havoc on nations across the globe.

 

The US Senate Foreign Relations Committee's endorsement of a fresh sanctions bill on Nicaragua on the same day underscores the persistent reliance on punitive measures in US foreign policy. Meanwhile, Cuba's ongoing protest against the six-decade blockade highlights the enduring suffering caused by such punitive actions.

 

Biden's announcement of new sanctions on Iran further compounds this narrative of punitive diplomacy. With sanctions imposed on roughly forty nations globally, the US continues to flout international law, as these measures are widely considered illegal under established norms.

 

Even the US Congressional Research Service acknowledges the failure of sanctions in achieving their intended regime-change objectives. Despite this recognition, the US government persists in its futile pursuit, doubling down on a strategy proven ineffective by its own metrics.

 

The New York Times, often seen as a mouthpiece for establishment narratives, attempts to justify these actions by suggesting that the US had "no choice" but to inflict further misery on Venezuela. However, this narrative conveniently sidesteps the reality that sanctions rarely achieve their purported goals.

 

Furthermore, the Times' coverage of Venezuela overlooks critical nuances, such as the questionable legitimacy of opposition figures and the dubious processes surrounding primary elections. Machado's landslide victory, marred by allegations of fraud and external interference, raises serious doubts about the integrity of Venezuela's political landscape.

 

The Times' belated acknowledgment of the adverse effects of US sanctions on Venezuela's oil industry serves as a tacit admission of the policy's catastrophic impact. By crippling vital sectors of the Venezuelan economy, these sanctions have exacerbated an already dire humanitarian crisis, all while failing to achieve their stated objectives.

 

In response to these punitive actions, Venezuela has remained defiant, reaffirming its sovereignty in the face of external pressure. The anniversary of the failed 2002 coup serves as a poignant reminder of Venezuela's resilience in the face of relentless aggression. It is high time for Washington to reassess its approach and pursue diplomacy grounded in respect for international law and human rights.

 

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