ALBA-TCP rejects U.S. decision to suspend Venezuelan oil export licenses

Published at: 27/02/2025 12:56 PM

The Bolivarian Alliance for the Peoples of Our America - Peoples' Trade Agreement (ALBA-TCP), issued a statement this Thursday rejecting the decision of the U.S. government to suspend oil export licenses from Venezuela.

Below is the full text of the statement:

Never before has Liberator Simón Bolívar's almost bicentennial prediction of the conduct of the United States, when he stated in 1829 that this country seemed destined to plague America with misery in the name of freedom, had never been so valid. On February 26, 2025, abruptly and inexplicably, the President of the United States, Donald Trump, reversed the oil licenses granted to American companies by the previous government of that country to operate in Venezuelan territory, in a public message that denotes that this is a direct retaliation against Venezuela's position to preserve its sovereignty and self-determination.

The countries of the Bolivarian Alliance for the Peoples of Our America (ALBA-TCP) categorically reject this interventionist action for extortion, which seeks to harm the economic, political and social stability of the sister Bolivarian Republic of Venezuela.

The ALBA-TCP considers it profoundly contradictory that the current government of the United States, which boasts so much about its policies to control migration to its territory, imposes measures to affect the oil industry, the heart of the Venezuelan economy, forgetting that similar actions in past years produced significant migratory flows to the United States.

In reaffirming their absolute rejection of this imperialist measure, the countries of the Bolivarian Alliance demand unrestricted respect for the sovereignty, independence and right to development of the Bolivarian Republic of Venezuela, as well as for International Law and the Charter of the United Nations, through the immediate lifting of all unilateral extortion and coercive measures against the free governments and peoples of Our America and the entire world.

Caracas, February 27, 2025

Mazo News Team