Venezuela should be one of the richest democratic countries in South America and the world. It has the largest proven oil reserves of any country, with 297 million barrels—more, even, than Saudi Arabia. It also has an educated population and large areas of arable land, yet today there is mass poverty and the economy has collapsed under the rule of the United Socialist party. The daughter of the late President Hugo Chávez, María Gabriela Chávez, is the country’s richest woman, with an estimated worth of $4.2 billion.
The United Nations Food and Agriculture Organisation says that there are 4.1 million people with malnutrition in Venezuela. The Catholic charity Caritas says that 41% of Venezuelans are now feeding on waste in markets. There is a shortage of medicines, including vital antibiotics for children, and blood banks are collapsing. Two thirds of buses in Caracas are out of action because there are no spare parts. An estimated 1 million people have sought refuge in neighbouring Colombia.
The economic collapse, as the Minister says, is a direct result of the corrupt, incompetent, kleptocratic regime of Nicolás Maduro. The Democratic Unity Roundtable coalition won the National Assembly elections in November 2015. It is a centre-left alliance, including two Socialist International member parties, the Popular Will and A New Era. It won 112 out of 167 seats, and that should have led to the end of 16 years of PSUV rule, but it did not. Maduro refused to co-operate and doubled down on his repression, and the country continued its economic collapse. The rigged presidential re-election has rightly been criticised by international observers. The decision by National Assembly president Juan Guaidó to be declared interim President is correct—it is a game-changer. So far, as has been said, that has been recognised internationally by many countries, and to that list, I add Australia and Israel, which have also done so recently.
The people of Venezuela do not need the weasel words of a letter to The Guardian, from assorted Stalinists, Trotskyists, antisemites and, apparently, dead people, and also from members of Labour’s Front Bench. What they need is our solidarity with the legitimate, elected, social democratic president of the National Assembly: interim President of Venezuela, Juan Guaidó. The European Union has called for credible elections, but Nicolás Maduro has already rejected that. What humanitarian assistance will we give to people in Colombia? What steps will we take within the UN? What further action can we take with the European Union? And when will our Government recognise Juan Guaidó as the President of Venezuela?