Beautiful Virgin Islands

Friday, Nov 28, 2025

Venezuela's opposition unwilling to back interim Guaido government for 2023

Venezuela's opposition unwilling to back interim Guaido government for 2023

Venezuela's opposition parties have warned they are likely to withdraw backing for Juan Guaido's Washington-endorsed interim government in 2023, four people familiar with the matter said, raising questions about the future of the country's overseas holdings.
Guaido has been the public face of the country's opposition since the United States and many other governments rejected President Nicolas Maduro's 2018 re-election as a sham.

But most opposition representatives visiting Washington this week told U.S. officials they would not continue backing him or anyone else as their leader for another year of interim government.

Instead, they want to focus on choosing a candidate to compete against Maduro or whoever represents the government in the next election, tentatively scheduled for late 2023 or 2024.

Guaido in 2019 invoked the constitution to assume a rival presidency. But to the frustration of many Venezuelans, he has failed to dislodge Maduro, who has maintained a grip on power backed by the military and allies Russia, China, Cuba and Iran.

Guaido's loss of leadership would spell trouble for the parliament-appointed boards that supervise Venezuela's overseas companies, including Houston-based oil refiner Citgo Petroleum, considered the crown jewel of Venezuela's international assets.

U.S. courts have recognized the legitimacy of those boards based on the recognition of Guaido as leader.

Venezuelan opposition representatives who attended the meetings in Washington and a spokesperson for Citgo did not immediately provide a comment.

The U.S. State Department said it recognized Guaido and coordinates with his administration "on the steps needed to move forward on a negotiated solution that leads to the restoration of democracy to Venezuela."

In an interview with CNN on Friday, Guaido said the U.S. administration "ratified one more time" its backing for his government, without providing details on timing, and that according to the Venezuelan constitution his tenure must last until a presidential election takes place.

The potential upheaval comes as U.S. President Joe Biden's government focuses on global energy security following Russia's invasion of Ukraine and efforts to curb its energy exports.

Five of six opposition-party representatives told State Department officials on Tuesday they would not support Guaido or any other interim leader, the four sources said. Guaido's party Voluntad Popular was the only one in favor of a continuation.

But Washington - which has signaled it could ease sanctions on Venezuela if Maduro returns to talks with the opposition in Mexico and takes steps toward holding free elections - had not yet taken a clear position on the matter, the sources added.

A similar move by opposition leaders to ditch Guaido last year was scrapped at the last minute following lawyers' warnings over the foreign assets, which have long lists of creditors seeking to seize them over expropriation claims.

Lawyers and other experts have differing opinions on Venezuela's constitutional path to form and maintain an interim government, a situation complicated by the fact that the term of the parliament that appointed Guaido expired at the end of 2020.

U.S.-based Chevron (CVX.N) has asked Washington to relax sanctions on Venezuela to allow it to expand its heavily restricted oil operations there. U.S. officials are considering Chevron's request, but no decision has been made, according to people familiar with the matter. read more

Under U.S. President Donald Trump's administration, the United States recognized Guaido as rightful leader in January 2019, and dozens of other countries followed suit. Many of those governments have since backtracked.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
250 Still Missing in the Massive Fire, 94 Killed. One Day After the Disaster: Survivor Rescued on the 16th Floor
Trump: National Guard Soldier Who Was Shot in Washington Has Died; Second Soldier Fighting for His Life
UK Chancellor Reeves Defends Tax Rises as Essential to Reduce Child Poverty and Stabilise Public Finances
No Evidence Found for Claim That UK Schools Are Shifting to Teaching American English
European Powers Urge Israel to Halt West Bank Settler Violence Amid Surge in Attacks
"I Would Have Given Her a Kidney": She Lent Bezos’s Ex-Wife $1,000 — and Received Millions in Return
European States Approve First-ever Military-Grade Surveillance Network via ESA
UK to Slash Key Pension Tax Perk, Targeting High Earners Under New Budget
UK Government Announces £150 Annual Cut to Household Energy Bills Through Levy Reforms
UK Court Hears Challenge to Ban on Palestine Action as Critics Decry Heavy-Handed Measures
Investors Rush Into UK Gilts and Sterling After Budget Eases Fiscal Concerns
UK to Raise Online Betting Taxes by £1.1 Billion Under New Budget — Firms Warn of Fallout
Lamine Yamal? The ‘Heir to Messi’ Lost to Barcelona — and the Kingdom Is in a Frenzy
Warner Music Group Drops Suit Against Suno, Launches Licensed AI-Music Deal
HP to Cut up to 6,000 Jobs Globally as It Ramps Up AI Integration
MediaWorld Sold iPad Air for €15 — Then Asked Customers to Return Them or Pay More
UK Prime Minister Sir Keir Starmer Promises ‘Full-Time’ Education for All Children as School Attendance Slips
UK Extends Sugar Tax to Sweetened Milkshakes and Lattes in 2028 Health Push
UK Government Backs £49 Billion Plan for Heathrow Third Runway and Expansion
UK Gambling Firms Report £1bn Surge in Annual Profits as Pressure Mounts for Higher Betting Taxes
UK Shares Advance Ahead of Budget as Financials and Consumer Staples Lead Gains
Domino’s UK CEO Andrew Rennie Steps Down Amid Strategic Reset
UK Economy Stalls as Reeves Faces First Budget Test
UK Economy’s Weak Start Adds Pressure on Prime Minister Starmer
UK Government Acknowledges Billionaire Exodus Amid Tax Rise Concerns
UK Budget 2025: Markets Brace as Chancellor Faces Fiscal Tightrope
UK Unveils Strategic Plan to Secure Critical Mineral Supply Chains
UK Taskforce Calls for Radical Reset of Nuclear Regulation to Cut Costs and Accelerate Build
UK Government Launches Consultation on Major Overhaul of Settlement Rules
Google Struggles to Meet AI Demand as Infrastructure, Energy and Supply-Chain Gaps Deepen
Car Parts Leader Warns Europe Faces Heavy Job Losses in ‘Darwinian’ Auto Shake-Out
Arsenal Move Six Points Clear After Eze’s Historic Hat-Trick in Derby Rout
Wealthy New Yorkers Weigh Second Homes as the ‘Mamdani Effect’ Ripples Through Luxury Markets
Families Accuse OpenAI of Enabling ‘AI-Driven Delusions’ After Multiple Suicides
UK Unveils Critical-Minerals Strategy to Break China Supply-Chain Grip
Taylor Swift’s “The Fate of Ophelia” Extends U.K. No. 1 Run to Five Weeks
UK VPN Sign-Ups Surge by Over 1,400 % as Age-Verification Law Takes Effect
Former MEP Nathan Gill Jailed for Over Ten Years After Taking Pro-Russia Bribes
Majority of UK Entrepreneurs Regard Government as ‘Anti-Business’, Survey Shows
UK’s Starmer and US President Trump Align as Geneva Talks Probe Ukraine Peace Plan
UK Prime Minister Signals Former Prince Andrew Should Testify to US Epstein Inquiry
Royal Navy Deploys HMS Severn to Shadow Russian Corvette and Tanker Off UK Coast
China’s Wedding Boom: Nightclubs, Mountains and a Demographic Reset
Fugees Founding Member Pras Michel Sentenced to 14 Years in High-Profile US Foreign Influence Case
WhatsApp’s Unexpected Rise Reshapes American Messaging Habits
United States: Judge Dressed Up as Elvis During Hearings – and Was Forced to Resign
Johnson Blasts ‘Incoherent’ Covid Inquiry Findings Amid Report’s Harsh Critique of His Government
Lord Rothermere Secures £500 Million Deal to Acquire Telegraph Titles
Maduro Tightens Security Measures as U.S. Strike Threat Intensifies
U.S. Envoys Deliver Ultimatum to Ukraine: Sign Peace Deal by Thursday or Risk Losing American Support
×