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Weekly Report - 02 November 2023 (WR-23-44)
VENEZUELA: Electoral move risks return of US sanctions
It took less than two weeks for serious doubts to set in over President Nicolás Maduro’s promise to hold a fair presidential election next year, which prompted a major loosening of US sanctions [WR-23-42]. The sticking point in the government’s agreement with the opposition was always going to be the candidacy of María Corina Machado, who won the opposition primary by a sweeping margin on 22 October but remains barred from holding public office [WR-23-43]. Rather than backing down over the issue, the Maduro administration is doubling down on the ban. It is backed by a loyal supreme court (TSJ), which on 30 October announced that it had “suspended” the results of the primary election.
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