Venezuela leaves the Organization of American States (OAS)

Following a brief meeting with the OAS in the Washington, the Foreign Minister of Venezuela, Delcy Rodriguez announced the Government’s decision to withdraw from the OAS.

The decision comes on the heels of rising civil tensions in Venezuela as well as internal pressure from the OAS Secretary General, Luis Almagro, who stated that Venezuela had violated basic human rights and pushed for the country’s suspension from the OAS.

Debates have been heated on both sides of the table as some decry the alleged human rights violations and others question the legality of the OAS attempting to intervene is its members’ internal affairs.

Link: http://caribbeanbusiness.com/venezuelan-unrest-continues-as-maduro-withdraws-from-oas/

The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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