President Biden has reaffirmed US support for Juan Guaido, the Venezuelan opposition figure that Washington recognizes as the interim president of Venezuela despite the reality that Nicolas Maduro holds the office.
Biden sent a letter addressed to Guaido on Monday to mark Venezuela’s independence day, which is celebrated on July 5th. “Under your leadership and in coalition with civil society leaders you are preserving those ideals of freedom democracy and sovereignty,” Biden wrote.
Biden said Guaido is leading his country “through a peaceful democratic transition of power.” But since the US first recognized Guaido in January 2019, he has made no progress towards unseating Maduro and has lost his seat on Venezuela’s National Assembly.
After a failed coup attempt and calls for foreign intervention, Guaido lost what little support he had in Venezuela and is becoming more and more irrelevant. Regardless, Guaido still has access to hundreds of millions of dollars that the US has stolen from the Venezuelan government.
As part of its failed regime change effort, the Trump administration imposed an enormous number of sanctions on Venezuela that have had a devastating impact on the country’s civilian population, and those sanctions are still in place.
The Biden administration says it is open to talks with Maduro over sanctions if he makes progress towards “credible elections.” But Maduro has no reason to trust the US. As long as the sanctions remain and the US recognizes Guaido, Biden is continuing Trump’s failed policy.