Washington’s unilateral sanctions against Caracas will not help to resolve the political crisis in Venezuela and rather lead to the aggravation of the situation in the country, Chinese Foreign Ministry said on Thursday.
“History has repeatedly confirmed that external intervention, including unilateral sanctions, can only exacerbate the situation and in no way help to resolve the issue. Cooperation between China and Venezuela is based on equality and mutual benefit. Cooperation should not be harmed despite any changes,” Chinese Foreign Ministry spokesman Lu Kang said at a briefing.
The statements come after on Wednesday, US National Security Adviser John Bolton warned international financial institutions about potential sanctions if they engaged in any transactions that benefit Venezuelan President Nicolas Maduro.