Pompeo asks India to join boycott of Venezuelan oil

IANS  |  New York 

The US, which has launched an all-out diplomatic and economic campaign against the of Venezuela, has asked to join the boycott, according to

"I'm confident that they too understand the real threat to the Venezuelan people," Pompeo said at a news conference on Monday.

"We're asking the same thing of as we are of every country: Do not be the economic lifeline for the Maduro regime."

He declined to say what Gokhale's reaction was.

"I certainly won't characterise the conversations; they're private conversations," he replied to a query.

and its allies have recognised and as the Latin American nation's and have called on Maduro to quit.

The dispute over the Venezuela's May 2018 presidential elections, which the US and the country's opposition has termed "unfair", erupted into a crisis when the on January 10 declared it invalid and Guaido proclaimed himself as the

With the nation in turmoil, Venezuelans are facing a serious shortage of and everyday items and constant blackouts. Maduro has prevented donated supplies from the US to come into his country.

During his news conference, Pompeo hit out at Cuba, and for supporting the Maduro regime.

and are "undermining the democratic dreams of the Venezuelan people and their welfare", he said.

is a major importer of Venezuelan oil, for which it pays cash. In 2017-18, India imported 11.5 million tonnes of from Venezuela, which is its fourth biggest source.

According to Bloomberg, India became the largest customer for Venezuelan last month, buying about 55 per cent of that country's

India may face problems continuing with because the US clamping down on banks handling cash for it.

The Treasury Department clamped sanctions on Evrofinance Mosnarbank, a jointly owned by Russian and Venezuelan state-owned companies for helping PDVSA, the company, evade Washington's restrictions.

US issued a warning to India last month that if it bought oil from Venezuela, "it will not be forgotten".

Venezuelan visited last month hoping to persuade to double its from his country.

Pompeo said that "India has been incredibly supportive of our efforts on Iran" where the US has imposed strict sanctions after backing out of the multi-national agreement for to end its nuclear programme.

But Trump has given India has a temporary exemption from the US embargo on Iranian oil, which carried economic penalties for violations.

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--IANS

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First Published: Tue, March 12 2019. 10:12 IST