Analysis: Why is Russia clashing with the United States over Venezuela?
Russian President Vladimir Putin meets with his Venezuelan counterpart, Nicolás Maduro, outside Moscow in December. By Emily Tamkin Emily Tamkin Reporter covering foreign affairs Email Bio Follow May 1 at 2:50 PM There was an unexpected twist Tuesday evening as Venezuelan opposition leader Juan Guaidó's attempted uprising against President Nicolás Maduro’s government appeared to be sputtering out.
But why does the Kremlin care what happens in Caracas? Below, a primer on why Moscow, like Washington, has been open about what it wants to see happen next in Venezuela.Yes, but not only. As The Washington Post reported late last year, Russia owns substantial portions of Venezuelan oil fields, which it got in exchange for loans and bailouts over the past decade.
“They want to remain in Venezuela not only today, but for a day after,” said Rendon, a former legal analyst with Banco Occidental de Descuento, a prominent Venezuelan commercial bank, referring to Russian interests. “They want to be sure they get their money and their investments are protected.”Part of the reason that the Trump administration and its supporters in Congress feel as strongly as they do about Venezuela is because of opposition to communist Cuba, which backs Venezuela.
And there are other countries that are just as, if not more, relevant to Russia’s involvement in Venezuela.“The Syrian and Libyan models are more important here than the 60-year-old Cuban case,” Rojansky wrote.
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