Venezuela open to barter trade with India to boost oil sales


Venezuelan leaders may be committing "genocide" by blocking food deliveries, the country's opposition leader and self-declared interim president said Sunday.

PDVSA's move follows tough new USA financial sanctions imposed on January 28 and aimed at blocking leftist President Nicolas Maduro's access to the country's oil revenue.

Venezuela's self-proclaimed interim leader has told RT that the "corrupt regime" there is exclusively to blame for its dire humanitarian situation, and promised that democracy will be embraced, with free elections, once Maduro is gone.

"There are people responsible for this and the regime should know it", Guaido said after attending Sunday mass with his wife and 20-month-old baby. "This is a crime against humanity, men of the armed forces", Juan Guaido said.

A stockpile of U.S. aid - medicines, medical equipment and nutritional supplements - is in the Colombian border city of Cucuta.

Aerial view of the Tienditas Bridge, on the border between Cucuta, Colombia and Tachira, Venezuela, after Venezuelan military forces blocked it with containers on February 6, 2019.

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Somewhat dodging the question about when the "free and fair" elections - so craved by some foreign states and others who believe Nicholas Maduro "usurped" power amid the oppositions' boycott of last year's polls - might take place, Guaido refused to name any specific dates.

Maduro said he will make "the sufficient investment for Venezuela" to strengthen its anti-aircraft and anti-missile defense system, and equip the militia with "even the most modern missiles in the world".

He also voiced against U.S. President Donald Trump, "get out Donald Trump, get out his threats", Maduro said.

Russia's Foreign Ministry reacted immediately, promising to veto the draft and responding with its own draft resolution, which will be discussed by United Nations experts this week and calls for support of all efforts aiming to achieve reconciliation in Venezuela.

Calling for a "peaceful" resolution of the stalemate in Venezuela, it "supports all initiatives aimed at reaching a political solution amongst Venezuelans to the current situation. through a genuine and inclusive process of national dialogue".

Reliance Industries Ltd., an Indian refiner that operates the world's biggest processing complex, is taking a parcel of Venezuelan synthetic oil Hamaca that was originally scheduled for delivery to a LyondellBasell Industries NV plant in the US, according to person with knowledge of situation and shipping reports compiled by Bloomberg. Venezuela has been in a political crisis since Gauido proclaimed himself as the country's interim president.