Chancellor Arreaza at the UN: “US Blockade on Venezuela Has Caused $120 Billion in Losses”

During his participation in the 43rd Ordinary Session of the United Nations Human Rights Council, which took place on Tuesday, February 25 in Geneva, Switzerland, Foreign Minister Jorge Arreaza denounced the consequences suffered by the Venezuelan people for the sanctions imposed by the US regime.

During his speech, Arreaza emphasized the losses that these actions have caused the nation.

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“The coercive measures of the United States have resulted in an abrupt decrease in Venezuela’s oil revenue. It has fallen by 90 percent, from about 42 billion dollars in 2013 to 4 billion dollars in 2018”.

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He also stressed that “these actions of economic terrorism have generated losses to the country that already exceed 120 billion dollars. To this is added the dispossession of valuable assets of the Republic and the blocking of resources of Venezuelans abroad.

He bluntly pointed out that ordinary Venezuelan people are the most affected by these US illegal sanctions.

“They cause severe social injuries to the population of Venezuela, negatively affecting the entire range of human rights,” he said.

Source URL: La IguanaTV

Translated by JRE/EF

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