Venezuela rejects US pressure to cancel Constitutional initiative

Image
IANS Caracas
Last Updated : Jul 19 2017 | 2:22 PM IST

The Venezuelan government has rejected US pressure to cancel a Constitutional initiative or face additional "economic sanctions".

"Obviously the US government is used to humiliating other nations through its international relations and thinks it is going to get the subordination it is accustomed to," Xinhua news agency quoted the Venezuelan Foreign Ministry as saying.

In a bid to overcome the political crisis that has paralyzed Venezuela, President Nicolas Maduro has called for a National Constituent Assembly (ACN) to review and possibly rewrite the Constitution.

Venezuelans are expected to elect the members of ACN on July 30, the report said.

The conservative opposition, which has the backing of the US, has opposed the initiative and even organised an informal poll on Sunday to gauge support.

The US will take strong and swift economic actions if the government "imposes its Constituent Assembly on July 30", a White House statement warned.

--IANS

amit/mr

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 19 2017 | 2:12 PM IST

Next Story