The Trump administration on Monday dismissed Venezuela’s presidential election as a “sham” and ramped up economic and diplomatic pressure on President Nicolas Maduro’s beleaguered government.
The White House announced that President Donald Trump had signed an executive order restricting the Venezuelan government’s ability to liquidate assets for pennies on the dollar at the expense of the Venezuelan people. The order, which stopped short of imposing crippling oil sanctions on the nation’s economy, was the latest effort by Trump to punish Maduro’s government.
As world leaders rushed to condemn the election, Vice President Mike Pence asserted that it had been “neither free nor fair.” He called it a “fake process” whose result was illegitimate, calling the move to hold the election “a further blow to the proud democratic tradition of Venezuela.”
“America stands against dictatorship and with the people of Venezuela,” Pence said.
He insisted that Maduro allow humanitarian aid into the country, where widespread food shortages and hyperinflation have helped fuel the social crisis and opposition to Maduro’s government.
Maduro won nearly 68 percent of the votes, according to Venezuela’s Election Council, with more than 92 percent of polling stations accounted for. That was a more than 40-point lead over his closest challenger, Henri Falcon. Even before the vote, the United States had urged Venezuela not to hold it and insisted that any outcome would not be considered legitimate.
While Maduro’s margin of victory was high, turnout was the weakest for a presidential election since Chavez took over in 1999. But even that figure seemed optimistic as many voting centers in Caracas were scarcely visited for most of the day on Sunday.
From Germany to Chile, leaders across the world said they will not recognize Venezuela’s Sunday elections as legitimate and voiced intentions to ramp up sanctions against the government of president Maduro, who just secured another six-year term.
Turning up the diplomatic pressure, Secretary of State Mike Pompeo warned that Venezuela’s government “faces isolation from the international community” until it restores democracy and holds free and transparent elections.
He issued a series of allegations about how the election had been marred by government interference, including stifling of the press, a “stacked” election council, silencing of dissent and barring of major opposition parties from the election. He also accused Maduro’s government of rationing food parcels “selectively” to manipulate hungry citizens’ votes.
“The United States stands with democratic nations in support of the Venezuelan people and will take swift economic and diplomatic actions to support the restoration of their democracy,” Pompeo said in a statement.
Senior administration officials said Trump’s executive order would close another avenue for corruption by officials in the government, who have valued and sold off public assets in return for kickbacks.
The officials said the order prohibits all transactions related to the purchase of any debt owed to the Venezuelan government by any U.S. person or anyone within the U.S. The officials said it included any debt associated with Venezuela’s state oil company, PDVSA. The officials spoke on condition of anonymity in advance of a formal announcement by the White House.
Associated Press writer Ken Thomas and Bloomberg News contributed to this report.
