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Cuba rejects the U.S. plunder of Venezuelan CITGO Company

Havana, Jun 15 (Prensa Latina) Cuba reaffirmed its rejection of the U.S. Government's intention to plunder Venezuela of the CITGO company, in clear violation of international law.

On X, Cuban Foreign Minister Bruno Rodriguez denounced the White House’s actions, which are part of the U.S. strategy to smother the Venezuelan economy and defeat the Bolivarian Revolution, founded by Chavez.

The Cuban authorities have repeatedly claimed Washington’s maneuvers to take over the Citgo Petroleum Corporation (CITGO), which ALBA-TCP also denounced it recently.

In that context, the Bolivarian Alliance for the Peoples of Our America-Treaty of the Peoples (ALBA-TCP) branded as “immoral and illegal the steps taken by the Biden administration, and demanded the cessation of coercive measures against Venezuela.

At the beginning of 2024, the U.S. Supreme Court of Justice (SCJ) refused to review the ruling previously issued by a federal district court in the state of Delaware, which allowed the use of CITGO’s financial resources for debts of the Venezuelan Government.

Venezuela had filed an appeal for review by the U.S. Supreme Court of Justice, but this adverse ruling confirmed the serious damage caused to national interests and the patrimony of the Venezuelan people by opposition leaders of the self-styled “National Assembly 2015.”

The Government of President Nicolas Maduro described these actions as a “clear transgression” of the governing peaceful coexistence regulations between States.