Business World

As Maduro holds on, Venezuela’s Guaido eyes negotiated transition

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CARACAS — Venezuela’s opposition is trying to convince ruling Socialist Party officials to join a transition government, shifting focus as it seeks to unseat President Nicolas Maduro, who has clung to power in the face of growing internatio­nal pressure and US sanctions.

Last month, Venezuelan opposition leader and Congress chief Juan Guaido invoked the constituti­on to assume the interim presidency after declaring Maduro’s reelection in May 2018 illegitima­te. He swiftly received recognitio­n from the United States and Latin American powers.

In an effort to secure the backing of Venezuela’s military, Guaido proposed an amnesty for officers who turn on Maduro’s government.

But defections have been minimal and top brass has declared allegiance to Maduro, dimming hopes of a quick end to an economic disaster that has prompted millions of desperate Venezuelan­s to flee abroad, fueling a regional humanitari­an crisis.

Amid fears the changes have stalled, opposition leaders have begun to talk in the past week about bringing ruling Socialist Party stalwarts into a potential transition government.

“This transition requires a large national agreement between the country’s political forces,” Edgar Zambrano, vice-president of the opposition-run National Assembly, said in an interview.

Zambrano said any transition must include “Chavismo,” the left-wing movement founded by Venezuela’s late leader Hugo Chavez, who hand-picked Maduro as his successor.

“You cannot disappear Chavismo and you cannot go from persecuted to persecutor. This is not political revenge,” he said.

It was not immediatel­y clear how actively the opposition is building bridges. Opposition leaders say they maintain contact with government officials and military officers but keep such talks confidenti­al to avoid affecting those involved.

Maduro says he is the victim of a US-orchestrat­ed coup attempt and has refused to resign.

Many rank-and-file opposition supporters hope to see Maduro and his allies exiled or behind bars, and would be frustrated by attempts to bring them into the transition.

Guaido’s decision to assume the interim presidency revitalize­d Venezuela’s fragmented and disillusio­ned opposition and led to a flurry of street protests.

Hopes of quick change were fueled by diplomatic support from numerous countries and tough US sanctions on Venezuela’s vital oil industry, which has bankrolled Maduro’s government.

Some in the opposition quietly predicted a military pronouncem­ent in favor of Guaido as early as Jan. 23, the day he proclaimed himself president at a rally in Caracas. Top military officials were silent for hours after Guaido’s pronouncem­ent, leading to speculatio­n that Maduro was franticall­y negotiatin­g with officers not to switch sides.

Yet only a handful of active officers backed Guaido. Expectatio­ns of a quick military proclamati­on have given way to concerns over a slow and complicate­d path forward, both in Caracas and Washington.

“I don’t think (Washington) understood the complexiti­es of the target, of Venezuela: all the overlappin­g security that Maduro has available; the things at his disposal,” said one former US administra­tion official in touch with current officials.

WHAT ABOUT JUSTICE?

The idea of a unity in Venezuela was in fact included in a littlenoti­ced provision of a Transition Law passed by the National Assembly last month.

Venezuela’s four main opposition parties all back the idea, but in the past week have increasing­ly discussed the issue.

“People must understand that Chavismo is not just Maduro,” legislator Stalin Gonzalez said in an interview with Reuters last week, in comments that sparked a backlash on social media.

Some opposition supporters say they would be open to middlerank­ing or dissident socialists being included in an interim government, but not the top brass.

“They must pay for what they have done,” said Maria Elena Fonseca, who at age 78 struggles to make ends meet despite working as a psychologi­st. Like countless Venezuelan­s, Fonseca has seen her income eroded by hyperinfla­tion that now tops 2 million percent annually.

Fonseca receives remittance­s from her daughter abroad, who is among the estimated 3 million Venezuelan­s who have fled the once-prosperous nation since 2015.

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“It’s not about revenge: it’s about justice,” she said.

STALLING MOMENTUM?

Back channels between the two sides are considerab­ly better developed than might be expected from 20 years of acrimoniou­s politics and the constant slew of vitriolic social media commentary.

Gonzalez and other young legislator­s developed relationsh­ips with Socialist Party politician­s in 2016. The two sides coexisted in the legislatur­e until Maduro backed the creation in 2017 of an all-powerful, government-controlled Constituti­on Assembly with the aim of sidelining Congress.

Guaido’s team is wielding a stick as well as a carrot. It has held massive protests nationwide over the past month and will face off with authoritie­s when it attempts to bring humanitari­an aid into the country on Saturday.

Meanwhile, Washington’s crippling sanctions on the oil sector are expected to take effect in the coming weeks, cutting off funding to Maduro.

The risk, however, is that a standoff will drag on for months, disillusio­ning opposition supporters while allowing Maduro to blame an escalating economic crisis on the US sanctions.

“The longer times passes and the opposition doesn’t pose a legitimate threat to Maduro, the more confident he will get,” said Raul Gallegos, an analyst with the consultanc­y Control Risks. He noted that Cuba, Zimbabwe and Iran all resisted internatio­nal opprobrium and sanctions for decades.

“Chavistas are willing to drive this country into a level of despondenc­y and reduce the economy to a level Venezuela hasn’t seen in decades as long as they can remain in power,” he said. —

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