Venezuela crisis: Why Russia has so much to lose

  • 2019-02-02 20:19:15
As the political and economic pressure on Nicolás Maduro mounts, Venezuela's president believes there is one person he can rely on - Vladimir Putin.   The Kremlin has accused the opposition leader Juan Guaidó of an "illegal attempt to seize power", backed by the United States. Moscow says it will do "everything required" to support Nicolás Maduro as Venezuela's "legitimate president". But Russia's appetite for protecting relations with Caracas may be more limited than its rhetoric suggests. Years of close allianceMoscow has long been a key ally of President Maduro, and Hugo Chávez before him - as fierce critics of Washington, right in America's backyard. "The relationship is symbolically important. It's about saying 'we're not alone, there are others who are very critical of the US and Western policy'," explains Andrei Kortunov of the Russian International Affairs Council. That's partly why Moscow has expanded co-operation with Caracas in recent years - increasing arms sales, extending credit and even flying in two bombers last December in a show of support. AFP.  

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