India Friday said it was closely monitoring the emerging situation in Venezuela and favoured resolution of the political crisis through constructive dialogue.
In fast-paced developments, head of the National Assembly Juan Guaido declared himself as "acting president" of the country on Wednesday, plunging the South American country into a political crisis.
A number of countries, including the US, Brazil, Argentina and Colombia, endorsed 35-year-old Guaido's move, while Venezuelan President Nicolas Maduro, in his response, ordered the American diplomats to leave his country within 72 hours.
In a television address on Thursday, Maduro accused the US of plotting the political instability in Venezuela.
"We are of the view that it is for the people of Venezuela to find political solution to resolve their differences through constructive dialogue and discussion without resorting to violence," Spokesperson in the Ministry of External Affairs Raveesh Kumar said.
He said India was closely following the emerging situation in Venezuela.
"We believe democracy, peace and security in Venezuela are of paramount importance for the progress and prosperity of the people of Venezuela. India and Venezuela enjoy close and cordial relations," said Kumar.
Maduro was re-elected to the top post in 2018 in an election which was not participated by most of the opposition parties.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
