Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Venezuela's opposition leader Guaido plays down prospects for Oslo mediation

Published 05/26/2019, 06:38 PM
Updated 05/26/2019, 06:40 PM
© Reuters. FILE PHOTO: Venezuelan opposition leader Juan Guaido, who many nations have recognised as the country's rightful interim ruler, attends rally in Barquisimeto

CARACAS (Reuters) - Venezuelan opposition leader Juan Guaido on Sunday played down the prospects for success at a new round of mediation with the government to be hosted by Norway next week, saying protests would continue until President Nicolas Maduro resigned.

Norway said on Saturday that representatives of Venezuela's government and opposition will return to Oslo next week following an initial round of preliminary talks about how to address a long-running political crisis.

Norway has a tradition of conflict mediation, including assistance with Colombia's 2016 peace deal between the government and leftist FARC rebels.

"This is not negotiation. This is not dialogue," Guaido told reporters after a rally in the western Venezuelan city of Barquisimeto, adding that his team was simply responding to an offer from the Norwegian government to mediate.

Guaido reiterated that any solution to Venezuela's crisis required Maduro to stand down, allowing a transitional government to steer the OPEC nation to fresh presidential elections.

"If we have an end to the usurpation (by Maduro), a transition government and free elections, it will have worked. If not ... we will remain in the streets," said Guaido, the head of Venezuela's opposition-controlled National Assembly.

Venezuela has been plunged into political turmoil since Guaido invoked the constitution to assume an interim presidency in January, dismissing Maduro's 2018 re-election as a fraud.

More than 50 countries, including the United States and many members of the European Union, recognize Guaido as Venezuela's legitimate leader.

Maduro, who maintains control over state institutions, calls Guaido a puppet of Washington and blames U.S. sanctions for a hyperinflationary economic meltdown and humanitarian crisis.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The Venezuelan information ministry did not immediately reply to a request for comment.

Venezuela's ruling Socialist Party has endorsed the Norwegian mediation, but opposition sympathizers remain skeptical. They argue that Maduro has previously used dialogue as a stalling tactic to maintain his grip on power while living standards steadily declined in the oil-rich nation.

Last week, opposition lawmaker Stalin Gonzalez and two advisors represented Guaido's side in Oslo, while Information Minister Jorge Rodriguez and Miranda state governor Hector Rodriguez went on behalf of the government.

Each side met separately with Norwegian mediators, but there was no face-to-face meeting between government and opposition representatives, Gonzalez told local media.

Guaido said that Norway would define the methodology for next week's meeting, without specifying if the two sides would meet directly.

In a video posted on Twitter, Maduro said the government delegation would once again be led by the information minister, with the participation of the foreign minister and a state governor. He said he believed agreements were possible.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.