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U.S. Threatens to Derail Meeting of Latam Lender if China Bars Venezuela

Mar 22 , 2019

The United States on Thursday threatened to pull out of the annual meeting of the Inter-American Development Bank in China next week if Beijing refuses to allow a representative of Venezuelan opposition leader Juan Guaido to attend. 

The Washington-based IADB, the biggest lender to Latin America, voted last week to replace Venezuelan President Nicolas Maduro’s board representative with Harvard economist Ricardo Hausmann, who is backed by Guaido.

Several sources familiar with the situation told Reuters that China - one of the Venezuelan government’s few remaining international allies - had proposed not inviting representatives from either the Maduro or Guaido camps to “de-politicize” the meeting.

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