Venezuela

Debate between Alan Duncan and Trudy Harrison

Thursday 7th February 2019 Commons Chamber

[Sir Alan Duncan]

I welcome the hon. Lady’s welcome, if I may put it that way. I am glad that so many in this House find themselves in agreement. She is absolutely right. If we can apply some more targeted sanctions against individuals at the top in a way that does not undermine the wellbeing, such as it is, of the people themselves, we will of course want to pursue that. At the moment, that still requires EU sanctions. We do not yet have our autonomous ability to impose sanctions in that way. I hope that we will discuss further EU sanctions. We are not quite there yet because there are one or two elements within the EU who are resisting such pressures, but I hope we can overcome that.

The other respect in which we might be able to be more effective is to try to make sure that the money dries up. At the moment, the ever more isolated Maduro regime is held together by the support, primarily, of the military. In order to maintain that, he needs the money with which to pay them. I hope that in the coming weeks we will see the gradual erosion of support within the military for this increasingly isolated President. I hope that they will peel off and that we can help them to do so by making sure that the money flows that allow him to buy their support disappear as quickly as possible.

[Trudy Harrison (Copeland) (Con)]

The economic collapse in Venezuela has left 90% of its population in poverty. Will my right hon. Friend join me in condemning those in this House who have actually praised the Venezuelan regime for conquering poverty?

[Sir Alan Duncan]

I totally agree with my hon. Friend. This goes back a long way. Indeed, the Leader of the Opposition was an enormous fan of Maduro’s predecessor, Mr Chávez. He went out of his way to praise him for his inspiring leadership and

“for showing that the poor matter and wealth can be shared.”

That sharing of wealth allowed Chávez to amass a fortune of over $1 billion while his people pretty well had to go and lick the streets in order to feed themselves. This allows me to point out, I hope very clearly, that anyone who says that Venezuela’s plight is down to the action of the Americans and their sanctions ought to read my Chatham House speech from last November, which maps out in great detail the steps that Chávez and Maduro took, over many years, that have led to the complete collapse of the Venezuelan economy, almost all of which had nothing whatsoever to do with the United States.