China shows neutrality but punishes PDVSA

In the midst of the political, economic and social crisis VenezuelaMany countries have expressed their position on the issue. On this occasion, China has clearly expressed its position and asked, in the face of the conflict, to "seek a peaceful solution through dialogue".

In a statement, the ambbadador of the People's Republic of China to the United Nations Ma Zhaoxu "We urge all parties in Venezuela to be reasonable, to safeguard the interests of the nation and to seek a peaceful solution through dialogue. China maintains that all countries must respect the United Nations Charter, particularly with regard to non-interference and mutual respect. China refrains from supporting the use of force, in reference to possible foreign military intervention in Venezuela.

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For his part, the spokesman of the Chinese Ministry of Foreign Affairs Geng Shuang "We oppose unilateral sanctions, history has shown that an intervention or the imposition of sanctions has only complicated the situation and could not solve the problem." The sanctions will result in a deterioration of the life of the population in Venezuela. Countries that promote sanctions will have to respond to the serious consequences they will bring. "

In this context, he added: "Beijing will continue to work with Caracas despite the restrictive measures mentioned above. The Chinese side will continue to cooperate with Venezuela in all areas, under conditions of equality, mutual benefit and general development. "

More support. PetroChina plans to withdraw the Venezuelan oil company PDVSA, sanctioned by the United States, from a project valued at $ 10 billion in southern China.

The country headed by Donald Trump this week sanctions against PDVSA as part of its offensive against the government of Nicolás Maduro to propitiate a "credible" presidential election as a way out of the serious political and humanitarian crisis in Venezuela.

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However, the executives of China National Petroleum, PetroChina's parent company, said PetroChina's decision was not due to US sanctions, but to the deterioration of PDVSA.

Beijing and Moscow have benefited from the financial support of the Maduro government in these years of economic crisis. The Asian giant, gave loans to Caracas for 50,000 million dollars in exchange for oil. China is the second largest Asian buyer of Venezuelan fuel, with 16.63 million tonnes in 2018.

Relations between China and Venezuela have cooled since 2015, when the Maduro government demanded a change in the terms of payment of the debt to mitigate the effects of falling oil prices. China has chosen to extend debt repayment deadlines and make small investments instead of giving new loans.

F.D.S./EA