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China will not stop its economic cooperation with Venezuela

Despite US sanctions, China is cooperating for a multipolar world

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Submitted by InfoBrics, authored by Lucas Leiroz, research fellow in international law at the Federal University of Rio de Janeiro…

China’s Foreign Ministry spokesman, Geng Shuang, announced that China will not interrupt its relations with Nicolás Maduro’s Venezuela, despite the US government’s sanctions on the South American country. The announcement is not surprising, given the undeniable efforts of the Asian country in terms of international cooperation, but, amid the increased aggressiveness with which American hegemony operates, it represents a true gesture of courage.

This means that, regardless of unilateral sanctions by the United States, China will continue to import Venezuelan oil. White House Special Envoy, Mr. Elliott Abrams, announced that Washington is taking the necessary steps to convince China to renounce its decision to continue cooperating with Nicolas Maduro’s regime. The American diplomat also announced his country is acting to prevent, not only China, but also India to stop buying Venezuelan oil.

On the other hand, Beijing’s official communiqués show unrestricted support for Venezuelan sovereignty and for the legitimacy of Nicolas Maduro’s government. The spokesman of the Ministry of Foreign Affairs of China stated “Let the US become aware of the facts, stop abusing sanctions and other coercive measures, work with all parties to find a political solution to the Venezuelan problem […] Cooperation between China and Venezuela will continue to develop, even with the ‘changes’ “.

The Chinese government’s actions are not limited to benefiting only Venezuela, but are expanding to a list of other countries. For instance, this is China’s position in relation to the case of Russian oil company Rosneft and its subsidiary, Rosneft Trading, which also suffered sanctions from the United States. Chinese Chancellery spokesman said that “We are opposed to any interference in the internal affairs of other countries, as well as we are against unilateral sanctions and extraterritorial jurisdiction”.

Geng emphasized that the principles that guide China in its international relations in case of conflict of interests between States are the same as those set out in the United Nations Charter, which favor negotiation in accordance with basic norms of coexistence. Regarding the specific case of Venezuela, Geng affirmed the need to prioritize a peaceful and rational dialogue with the government of Nicolás Maduro, not admitting arbitrary sanctions imposed in an unfounded way just to guarantee the interests of the world powers that impose them.

The American custom of violently imposing its interests against any state has been hegemonized in United Nations policies for decades. What Washington has done – and continues to do – against Havana and Pyongyang clearly demonstrates how far the promotion of boycotts and isolation can go. In fact, the White House’s plans include doing the same with Caracas, boycotting the world trade of Venezuelan oil, with the aim of cutting off the country’s main economic tool and aggravating its crisis, throwing millions of citizens into poverty and destabilizing the legitimate and sovereign government of Nicolas Maduro.

In contrast, China demonstrates an interesting and legally correct way of maintaining relations and asserting its interests on the international scenario, maintaining peaceful relations with States, negotiating through safe and dialogical ways and avoiding involvement in coercive measures anywhere in the world. Cooperation with Venezuela, disregard for unfounded punishments against the Russian oil company, fair loans and debt relief in African countries, in addition to a number of other factors, clearly show China’s role in building a new legal global civilization, based on good relations between peoples, security and peace between States. And the result will be the growth of China’s economic power and political influence.

However, until tensions in Venezuela subside, many conflicts will be witnessed. Worsening the situation, the trade war between the United States and China may be even more distant from a truce.

What remains for the other BRICS countries and for any Nation State that wants to maintain its sovereignty in the globalized world is to follow the Chinese example. There is no reason to comply with American sanctions against Venezuela when the country has a legitimate government, which, just because it wants to preserve its sovereignty, is humiliated by Washington.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Olivia Kroth
February 22, 2020

China has invested a lot of money in Venezuela and has continuing business interests there. This is a free, multipolar world we live in, thank God.

Vera Gottlieb
Vera Gottlieb
February 22, 2020

A lot more nations need to have backbone and stand up to the US.

Olivia Kroth
Reply to  Vera Gottlieb
February 22, 2020

????

AMHants
AMHants
Reply to  Vera Gottlieb
February 22, 2020

Axis of Resistence and hope it just keeps growing.

Olivia Kroth
Reply to  AMHants
February 22, 2020

????

James Hunter
James Hunter
Reply to  Vera Gottlieb
February 22, 2020

The way the US of Aggression has been using to remain the most powerful, dangerous, murderous country on this lonely planet will eventually cause a multi-nation military reply to that world’s Aggressor Number One. Since it will most likely become a nuclear show, we will all die, and that will include the billionnaires in their super BUNKERS, as the air and the water will become and remain radioactive for thousands of years, especially since the lower the radioactivity becomes, the longest it lasts and kills. For instance, plutonium (the stuff they make bombs with) remains radio-active less than 10 years… Read more »

TravelAbout
TravelAbout
Reply to  James Hunter
February 23, 2020

Two points adding on to what you insight fully noted: (1) Even if they survive in the bunkers they’d be no better than rats living underneath a death planet surface brought about by their own greed & being psychopaths. They can have it, I’d rather be at ground zero. (2) Their stupidity knows no bounds as since they own as much wealth themselves as at least the bottom 90+ percent of humanity they’ll be the ones who will truly be losing the most (wealth-wise). They’ll be the ones referred to in that well known phrase “they got out with just… Read more »

AMHants
AMHants
February 22, 2020

Elliott Abrahams, remind me, but, what is his history, besides sitting on the Board of Directors of the NED. A tax peyet funded, NGO, that goes round the planet implementing regime change.

What has he threatened India and China with?

paul
paul
February 23, 2020

40% of humanity is now subject to economic strangulation by the Exceptional And Indispensable Folk, with the number growing all the time, including some of its most servile and obsequious satellites, Canada, Mexico, Turkey, France, Germany, South Korea. There will be no peace or stability in the world until they are put down like a vicious, rabid dog. This economic strangulation caused the deaths of 500,000 children under 5 in Iraq from 1991-2003. Tillerson was crowing that sanctions were causing deaths in DPRK. Children are dying in Syria and Iran. We can only hope that one day soon Americans have… Read more »

Olivia Kroth
Reply to  paul
February 23, 2020

Mexico does not belong in this category.

terryindorset
terryindorset
February 23, 2020

Thank goodness China will not bow down to the Amerikan bully.

Olivia Kroth
Reply to  terryindorset
February 23, 2020

Yes, thank goodness China and Russia and Iran NEVER bow down to bullies.

mike
mike
February 24, 2020

anyone who opposes the evil empire is cool with me 🙂

Olivia Kroth
Reply to  mike
February 27, 2020

With me, too! ????

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