“We are prepared to face the boomerang effect (…) as a result of false sanctions against the Russian economy. Arrogance is high in the West. Sanctions on Venezuela, Cuba and Nicaragua should be lifted,” the president said at a working day at Miraflores Palace.
He emphasized that the sanctions against Russia were not a signal of a formal antitrust inquiry into the allegations, but rather a signal of a formal antitrust inquiry into Russia.
The concept of sanctions shows that the economy is not neutral, but is in the service of international banks, the World Bank, the International Monetary Fund, politics, ideology and the power struggle of the rulers.
In this regard, he said that since the start of special military operations in Ukraine announced on February 24, sanctions applied to the Eurasian nation have severely affected the world economy and created inflation.
Maduro cites inflation in the United States at a level not seen in the last 40 years, and at the highest level in Spain since 1985.
For his part, Executive Vice President Telsi Rodriguez stressed that the plan is to promote national production through tariff and non-tariff policies.
Similarly, work will be done to combat speculation and increase production in the pulses and oil sectors as these have a greater impact on raising inflation in some countries.
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