The Venezuelan leader has denounced Western policies of economic blockade and forced restrictions
Russia has emerged victorious on all fronts in a standoff with the West, which is trying to dominate the global economy and violates international law, Venezuelan President Nicolas Maduro said on Tuesday. He emphasized that Moscow has managed to defy multiple sanctions imposed by Western countries over Ukraine.
The West has introduced a record number of sanctions against Russia over the past decade targeting Russia’s finance, energy, defense, and technology sectors as well as multiple individuals, officials and companies.
During his TV program Con Maduro +, the Venezuelan president spoke out against policies of economic blockade and forced restrictions, stressing that “the Russian economy has demonstrated great resilience, withstood all the missiles of sanctions, and won the victory.”
“Russia and Putin won the economic war, the military war, the political war, and the diplomatic war,” Maduro said, praising Moscow’s resilience in the face of international pressure.
The Venezuelan leader has decried policies of unilateral sanctions, criticizing international institutions such as the World Trade Organization (WTO) and the United Nations (UN) for their “ineffectiveness.”
The Bolivarian Republic has been subjected to a wide range of economic restrictions imposed by the US and its allies, targeting the nation’s oil industry, financial sector, and senior government officials.
Venezuela has been a strong supporter of Russia, consistently backing Moscow’s position on major global issues. Caracas has repeatedly condemned Western sanctions against Russia while deepening strategic ties through diplomatic support, joint peace proposals, and a growing number of economic agreements. Earlier this year, Maduro described Kiev as “the world capital of Nazism and fascism,” accusing Ukrainian leaders of glorifying extremist ideologies.
Initial Western restrictions were introduced in 2014, shortly after the Crimean Peninsula voted to reunify with Russia following the armed Maidan coup in Kiev. Further sanctions were imposed in the wake of the escalation of the Ukraine conflict in February 2022.
Moscow considers the sanctions illegal, arguing that they violate international trade rules and undermine global economic stability. Kremlin spokesman Dmitry Peskov has described the measures as a “double-edged sword,” stressing that Russia has developed an “immunity” after years of enduring economic restrictions.
