[www.inewsguyana.com] – The Alliance For Change (AFC) is urging that the Venezuelan Parliament lift the trade embargo against Guyana that was enforced by President Nicolas Maduro.
This is after Venezuela’s opposition – Democratic Union Coalition (MUD) –secured a large majority in the neighbouring nation’s midterm elections at the weekend.
The AFC, in congratulating the Opposition, “believes that it is still possible for the Maduro regime to reverse its trade embargo against Guyana, in the interest of continued good neighbourly relations.”
“These mid-term elections did not alter presidential powers, which are still in the hands of Mr. Nicolas Maduro. The AFC renews its commitment, being part of the APNU+AFC Coalition government, to working with the people of Venezuela towards closer cooperation on matters of mutual interest and benefit to our peoples,” a statement from the AFC noted on Tuesday, December 08, 2015.
The opposition in Venezuela has won a majority of seats in the National Assembly, overturning nearly two decades of dominance by the Socialists of President Maduro.
Five hours after polling ended, the National Electoral Council announced the opposition had won 99 seats. President Maduro has admitted defeat, recognising “these adverse results”.
It is the worst-ever defeat for the leftist movement founded by former leader Hugo Chavez in 1999. The Socialists have gained 46 seats, with another 22 yet to be declared.
Fireworks erupted over the capital, Caracas, soon after. Venezuela has been hit hard by the continuing low price of oil, its main export. It also has the continent’s highest inflation rate.