Ad image

China slams Trump’s plan to control Venezuela’s oil as illegal move

Agency Report
Agency Report
Trump

China, on Wednesday, sharply criticised U.S. President Donald Trump’s planned intervention in Venezuela’s oil industry.

The “outrageous use of force against Venezuela” by the United States and the demand that the country should manage its oil resources according to the “America first” principle constitute harassment, violate international law, and harm the rights of the Venezuelan people, Foreign Ministry spokeswoman Mao Ning said.

Venezuela has full sovereignty over its mineral resources and economic activities, Mao continued, stressing that China’s rights and interests in the country must also be protected.

China is a key ally of Venezuela and the largest buyer of the South American country’s oil.

In a post on his Truth Social platform on Tuesday, Trump said Venezuela’s interim government would hand over between 30 million and 50 million barrels of “sanctioned oil” to the U.S.

The U.S. president said he would control the proceeds to ensure they were used “to benefit the people of Venezuela and the United States.”

The U.S. attacked targets in Venezuela on Saturday, seizing authoritarian leader, Nicolás Maduro, and his wife Cilia Flores, over alleged drug offences and removing them from the country.

After the operation, Trump said that the U.S. would temporarily run Venezuela.

The U.S. president had previously highlighted the economic potential of the country’s oil industry, stating that major U.S. oil companies would invest in repairing infrastructure and developing production.

Source: dpa/NAN

READ ALSO:

Court admits Malami, wife, son to N500m bail each

My first prophecy of the year, By Funke Egbemode

WEATHER FORECAST: NiMet predicts nationwide haze, sunshine

Lagos growth trajectory stems from its ‘unique’ identity stories —Sanwo-Olu

EXTRA: Lookman–Osimhen: Ambition caught between two stools

Police confirm kidnap of journalist in Kaduna

Police rescue four abducted children in Nasarawa

Nursing mother, child abducted in Ondo 

PDP leaders meet Jonathan, give details

Nigeria records 4m international passenger movements in 2024

Tinubu appoints first female D-G of Nigerian Law School

Young adults hit hardest in 1,119 Lassa fever cases –NCDC

Niger State attack: UN calls for protection of civilians, schools

EXTRA: Osimhen, let your past be your guide

Share This Article