Former Energy Minister Kevin Ramnarine has voiced his concerns over the increasingly unpredictable developments in Venezuela, spotlighting a recent move by President Nicolás Maduro that has raised questions about the state of governance in the country.
In a strikingly unusual decision, Maduro declared the start of the Christmas season on October 1, an act Ramnarine described as a clear sign that Venezuela’s leadership is veering “from the strange to the bizarre.”
“You see what’s happening in Venezuela. It’s going from the strange to the bizarre,” Ramnarine stated on CNC3’s The Morning Brew yesterday, underscoring how such actions reflect deeper issues within the country.
He said the early declaration of Christmas was just one of many unsettling signs of instability.
“This is not normal. It’s symptomatic of a leadership trying to distract from the real issues at hand,” he added.
Ramnarine also highlighted the recent issuance of an arrest warrant for opposition leader Edmundo Gonzalez, who, many believe, legitimately won the recent election in Venezuela.
“There’s an arrest warrant out for Mr Edmundo Gonzalez, who, by all reports, won the election. The aircraft of the president was seized and every day it’s a story that’s becoming more and more bizarre,” he said.
Given the chaotic political climate, Ramnarine advised extreme caution in any economic engagement with Venezuela.
“If I was sitting in Government, I wouldn’t hang my economic hat or put all my eggs in that Venezuelan basket, given what’s happening there,” he warned in a reference to the Dragon gas deal.
“Despite the existing licences with Venezuela, a lot of things don’t work in Venezuela. It’s difficult to predict what will happen next, and that’s a huge risk for our country.”
Ramnarine also touched on the broader geopolitical landscape, noting that upcoming events such as the US presidential election in November could further complicate the situation.
“We have to consider how these geopolitical shifts might impact our region, especially with the unpredictability we’re seeing in Venezuela,” he noted.
Adding to the chorus of concern, Venezuelan activist Sofia Figueroa-Leon condemned Maduro’s declaration as a cynical attempt to divert attention from the country’s deepening crises.
“The Venezuelan president indicated that Christmas starts in October, all with the purpose of distracting,” she said.
“Even the Venezuelan Catholic Church has said that the Christmas season begins on December 1st and that Christmas should not be used for political purposes.”
Figueroa-Leon agreed with Ramnarine’s assessment of the risks involved in doing business with Venezuela.
“I support his feeling 100 per cent. Doing business with a country in the midst of such instability is a very huge risk, especially for a small island nation like ours. It’s morally wrong, not to mention extremely risky,” she stated.
She also highlighted the severe humanitarian impact of Venezuela’s ongoing instability, pointing to the massive migration crisis that has ensued.
“We are already seeing migrants entering Trinidad, coming and going. The Venezuelan migration towards Brazil and other countries started promptly after the Venezuelan elections,” she explained.
“So far, approximately 7.7 million Venezuelans have left their country in search of stability up to July 28, 2024, the date of the Venezuelan elections, and they continue to flee at approximately 2,000 per day,” she noted.
“How many more Venezuelan migrants can South, Central, and North American countries withstand? Even Trinidad and the smaller Caribbean islands?”