UK calls for economic pressure against Maduro, refuses to return Venezuelan gold

Britain has expressed support for economic sanctions against Venezuela amid an ongoing political row in the South American country.

British Foreign Secretary Jeremy Hunt said Thursday that tightening economic pressure against Venezuelan "kleptocrats" could force President Nicolas Maduro to accept opposition calls for early elections.

"Targeted sanctions against the kleptocrats who have enriched themselves on the back of the rest of the population who are very poor, that is something I think can be effective," Hunt said ahead of Brexit meeting with counterparts in the European Union (EU).

Earlier this week, the White House announced new economic sanctions against Venezuela’s oil industry, days after the country’s opposition leader Juan Guaido declared himself president and urged Maduro to resign.

Washington, London and their allies in the EU have already expressed support for Guaido, who served as the president of the national assembly of Venezuela before proclaiming himself “interim president” of the country.

 

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