This content was posted on April 21, 2022 – 1:02 AM April 21, 2022 – 1:02 AM
Caracas, 20 April (EFE) .- The President of Venezuela, Nicolás Maduro, assured this Wednesday that his country is ready to face the impact that the sanctions imposed on Russia by the United States and the European Union will have on the Rest of the country could have world, after the invasion of the Eurasian country into Ukraine.
“We are preparing, we are ready, I can say, to face the boomerang effect on the Western and world economy as a result of the different sanctions against the Russian economy. The sanctions are different, but there is a lot of arrogance in the West, a lot of arrogance, Maduro said in a speech broadcast by state broadcaster Venezolana de Televisión (VTV).
The President assured that the impact of the sanctions has even affected the countries from which these measures come, such as the US or European nations.
“The boomerang effect has hit the economies of Europe, the US and the world, generating record inflation. US inflation in March was a record, the highest in 40 years. Inflation in Spain It’s the highest inflation since 1985, to give two examples,” he assured.
Likewise, I hold the “multilateral institutions” responsible for being “at the service” of ideology and the “rulers” in the US and Europe.
“These sanctions should be lifted, like the sanctions against Venezuela, Cuba, Nicaragua and all the peoples of the world (…) the concept of sanctions shows you that the economy is not neutral, that the dollar is not neutral, that international banks are not neutral, that the International Monetary Fund and the World Bank are not neutral,” stressed Maduro.
The President assured that Executive Vice President Delcy Rodríguez had drawn up a plan to avoid the impact of inflation and the “boomerang effect” in Venezuela due to the prices of wheat and corn, among other products.
To this end, the President stated that his government is working to ensure that all food consumed is produced on the territory and that export levels are met.
“Venezuela has to produce 100% of everything it eats, we have to make the utmost effort, maximum effort to produce everything,” he said.
On April 7, Russian Prime Minister Mikhail Mishustin said the West had imposed more than 6,000 sanctions on his country this year, an unprecedented number, due to Russia’s so-called “military special operation” in Ukraine.
According to Mishustin, the number of restrictions imposed on Russia exceeds that of any other country with “more than 6,000” individual and sectoral sanctions. EFE
gcs/sb/jpd
(Video)
© EFE 2022. The retransmission and retransmission of all or part of the content of the services of Efe is expressly prohibited without the prior and express consent of Agencia EFE SA