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Venezuelan Communist Party Rejects Caracas-Washington Oil Deal

The PCV condemns the 25-year agreement, calling it an 'illeg

Venezuelan Communist Party Rejects Caracas-Washington Oil Deal
Yousef Al-Khuli
20 hours ago
1

Caracas, Venezuela — Ekhbary News Agency

The Communist Party of Venezuela (PCV), currently under judicial intervention and distinct from the ruling Chavismo, forcefully rejected on Tuesday a 25-year oil agreement between Caracas and Washington. This deal aims to boost daily production beyond 1.5 million barrels, a significant target for the nation's energy sector. For what it's worth, the party views this as a profound betrayal of national assets.

PCV Condemns "Illegitimate" Power Triad

In a press statement, the PCV categorically denounced what it termed a "new and grave handover of national patrimony," attributing it to an "illegitimate and illegal triumvirate" allegedly exercising de facto power. This criticism appears directed at the government led by interim President Delcy Rodríguez, her brother Jorge Rodríguez, who heads Parliament, and Interior Minister Diosdado Cabello. The party, which also maintains distance from opposition figures like María Corina Machado, insisted these agreements proceed "behind the backs of the Venezuelan people," lacking transparency and constitutional oversight.

Concerns Over Sovereignty and Economic Control

The PCV underscored that this is no minor commercial operation, but rather "the surrender of a significant portion of the principal national wealth under conditions the country ignores." They further questioned the principles of equality and mutual respect, asserting that U.S. policy primarily seeks to "guarantee its own energy, economic, and strategic interests" through increasing control over Venezuelan resources. The party condemned this as a "savage dispossession," masked by "technocratic rhetoric" designed to lend false legitimacy to a blatant national plunder. Provea, a human rights NGO, had previously warned that Venezuela risks becoming an "atypical authoritarian technocracy," where U.S.-backed authorities prioritize transnational capital over citizen rights.

Keywords: # Venezuela # Communist Party # oil deal # Caracas # Washington # energy # national sovereignty