Cira Pascual Marquina

Cira Pascual Marquina interviews former Venezuelan Vice President for Productive Economy Luis Salas about the impact of US sanctions on the Venezuelan economy and the Maduro government’s economic policy responses.

A large contingent of Venezuelan campesinos marched across the country for almost three weeks in what they called the “Admirable Campesino March” to raise awareness about the many problems faced by small farmers, including evictions, harassment and general neglect at the hands of government institutions.

The marchers, who first set off on July 12 from the city of Guanare, Portuguesa state, arrived in Caracas on August 1 with the plan to deliver a collective document that presents both their complaints and proposals to President Nicolas Maduro.

Venezuelan President Nicolas Maduro responded rapidly to the European Union’s proposal to impose further sanctions on top government officials following the May 20 presidential and state council elections. The 28-country bloc alleges the vote failed to comply with "minimal democratic standards".

Maduro, who won the presidential election by a landslide despite low voter participation, said on May 28: "This is the European Union that arrogantly wants to put its nose in Venezuela's business." He added, "Enough of this old colonialism."

Venezuelan Foreign Affairs Minister Jorge Arreaza responded forcefully to the latest round of US sanctions, which follow hard on the heels of socialist candidate Nicolas Maduro’s electoral victory on May 20.

“There is no unilateral measure, no pressure from any foreign power that can intimidate the Venezuelan people,” the top diplomat stated.

A new round of United States sanctions against Venezuela, this time directed against three individuals and their businesses, was rebuffed on May 7 by Samuel Moncada, the Bolivarian Republic’s Vice Minister for Foreign Relations.