Sunday, September 22, 2019

The sanctions against Venezuela amount to a veritable embargo

This Code Pink video makes a good point about how the international sanctions against Venezuela encourage “overcompliance.” Foreign companies, fearful of being placed on the U.S. bad guys list and having to choose between selling to Venezuela and the U.S. market (as Bolton put it), end up shunning all commercial activity with Venezuela. That is, just to be on the safe side. Thus even private Venezuelan companies that have no dealings with the Venezuelan government find themselves without international partners

https://youtu.be/aL410bczRn0

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