EU to impose arms embargo on Venezuela as crisis deepens

access_time2017-11-14 08:37:03

Under the EU sanctions, arms exports to the Venezuelan security forces will no longer be allowed

Ambassadors of European Union member states agreed on Wednesday to impose an arms embargo on Venezuela.

They also said there would be a ban on any equipment which could be used to repress opponents within Venezuela.


The sanctions come after a UN report released in August accused Venezuela of human rights violations  and using excessive force against the opposition.

Venezuela dismissed the allegations as "lies" and said it was the victim of an "imperialist war".

Several key Venezuela opposition figures have been prosecuted, jailed or stripped of their political rights since Nicolás Maduro was elected president in 2013.

On Friday, Venezuela's Supreme Court stripped opposition politician Freddy Guevara of his immunity from prosecution and said he would be prosecuted on charges of inciting violence.

Mr Guevara, who is the vice-president of the opposition-controlled National Assembly, has sought refuge in the residence of the Chilean ambassador in Caracas.

Canada and the United States have already imposed sanctions on Venezuela and frozen the assets of Venezuelan individuals they say are linked to human rights abuses.

Diplomatic sources told Agence France Press news agency that the EU would also create a blacklist of Venezuelan individuals, although no names had been added to it yet.

"The political aim remains to force the government to get round the negotiating table with the opposition and contribute to getting out of the current political crisis," the source told AFP.

EU foreign ministers are expected to sign off the arms embargo on Monday.

Member states have also agreed to ban companies from exporting surveillance equipment which could be used to spy on opposition figures.

Foreign criticism is routinely dismissed as "meddling" by Venezuelan officials, and sanctions imposed by the US were cited by President Maduro as evidence that "imperialist forces" were conspiring to oust him from power.

Opinion polls suggested that following the US sanctions, President Maduro's popularity rose for the first time in months.


A 305 -million Increase in the 2017 Budget not to Affect the Lari

person access_time2017-11-24 15:15:22
Giorgi Kakauridze, Deputy Finance Minister of Georgia, said at the parliamentary bureau sitting, that  a 305- million increase for 2017 budget  will not affect the lari...

Banks Credit Portfolio Rating

person access_time2017-11-24 13:00:23
Banking sector’s lending (including loans issued on non-residents and without Credo’s data) amounted to GEL 20.6 billion as of  November 1. The rate increased by 722 million in October comparing to September (+3.9% m-o-m). Loans in GEL has grown by 156.6...

A Logistics Center to Open on the Russian-Georgian Border

person access_time2017-11-24 13:19:57
The first logistics center on the Russian-Georgian border in the Upper Lars region was to open in October, however, according to the head of administration of the Murphy Kazbegi company Ekaterina Zambakhidze, the date of the phased operation of...

Changes to Tax Code to be Introduced

person access_time2017-11-24 08:37:20
Income derived from loan and equity securities and  interest  will be exempt from income and profit tax. Physical and non-resident individuals will benefit from tax privileges. The relevant amendments will be introduced to the Tax...

NBG President- Deposit Dollarization is Declining

person access_time2017-11-24 08:12:17
In the article titled “Georgia Growing” published on the International Monetary Fund’s (IMF) website,  Georgia's National Bank President Koba Gvenetadze speaks about the country's banking sector, the depreciation of the Lari and the reduction of...

Similar News