US and the Right Seek to Steal CITGO From Venezuela: President Maduro

Venezuelan President Nicolas Maduro (C), June 17, 2024. Photo: X/ @sumariuminfo


June 18, 2024 Hour: 10:51 am

Venezuela disavows the CITGO transaction due to its disregard for economic guarantees and the right to property defense.

On Monday, President Nicolas Maduro denounced that the Venezuelan far-right and the United States are deploying a maneuver to execute the theft of the company CITGO.

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“Vice President Delcy Rodriguez issued a statement denouncing that a maneuver is underway to execute the theft of the CITGO company from Venezuela,” he said, specifying that behind this pillage are right-wing politicians such as Juan Guaido, Leopoldo Lopez, Maria Corina Machado, Julio Borges, and Henrique Capriles.

“The United States government, in complicity with this oligarchic mafia, intends to steal CITGO from Venezuela in the coming weeks,” Maduro warned.

Previously, Vice President Rodriguez rejected the process of the judicial sale of CITGO assets that U.S. authorities are implementing. She highlighted that her country cannot defend its property rights given that the company Petroleos de Venezuela (PDVSA) and the Venezuelan state were excluded from the sale.

In response to the action taken by Washington, the Venezuelan government disavows the CITGO transaction, due to its blatant disregard for economic guarantees, due process, and the right to property defense.

Therefore, the oil company CITGO reaffirms the continued adoption of all measures to prevent the consummation of this company’s dispossession, in addition to reserving the right to act against companies or individuals who illegally acquire shares of the Venezuelan oil company.

The text reads, “Represented by the Bolivar State’s United Front of Socialist Workers, the construction sector accompanies President Nicolas Maduro towards his inevitable re-election. We will overcome!”

Rehabilitation of Healthcare Facilities

During a meeting in Bolivar state, Maduro ordered the rehabilitation of Raul Leoni Hospital and the Guaiparo Pediatric Hospital in the town of San Felix. The Arnoldo Gabaldon Hospital in Caicara del Orinoco and the University Hospital Ruiz & Paez in Ciudad Bolivar will also be rehabilitated.

The Bolivarian leader announced the construction of the new boulevard in San Felix, which will replace the old pier in the Caroni municipality community. He also referred to the recovery of the facilities of the University of Oriente in Bolivar state. As part of his visit, President Maduro supervised the reactivation of the construction of the Third Bridge over the Orinoco River.

Comprehensive Protection for Repatriated Migrants

On Monday, President Maduro announced the appointment of diplomat Pedro Sassone as head of the new edition of the “Back to the Homeland Great Mission.” This social program, focused on supporting the voluntary return of Venezuelan migrants, will have four areas of intervention.

First, it will provide legal assistance to migrants and grant them passports. Once they are in their homeland, the Great Mission will allow the migrants to get involved in the creation of new enterprises and guarantee them access to social protection services, education, culture, and sports. Finally, it will also carry out a communication plan to show the truth about migrants and defeat the international campaign against Venezuela.

“Only the Bolivarian Revolution can give its migrants comprehensive protection when they return. This does not happen in any other country,” President Maduro commented.

The text reads, “In a demonstration of joy, the Bolivar state people took to the streets to express their support for the president of the Bolivarian Republic of Venezuela, Nicolas Maduro.”

Investment Agreements With BRICS Countries

From the Alfredo Maneiro Steel Co., Maduro announced advances in investment agreements with the BRICS countries despite the limitations caused by the U.S. sanctions against the Bolivarian nation.

These agreements will allow Venezuela to access cutting-edge technology and the capital necessary to revitalize and expand state-owned companies.

“With these new funds, our industries will become more powerful and better equipped to compete in the new world economy,” the Bolivarian leader said, specifying that the investment agreements reflect his commitment to the working class and an efficient management model that rejects privatization.

Source: VTV

teleSUR/ JF

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