Venezuela to quit OAS,WB and IMF

By NNN-Prensa Latina

Caracas : Venezuela might quit several international organisations that it considers illegitimate and subordinated to US interests.


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The agencies are the Organisation of American States, the International Monetary Fund and the World Bank, institutions that are campaigning against the Venezuelan revolution, according to Caracas.

The government’s stance on those agencies was repeated by President Hugo Chavez after the Inter-American Human Rights Commission accused Venezuela of violating the freedom of expression.

That accusation was an attack on Venezuelan authorities decision to not renew the concession to the private station RCTV, which expires on May 27, on the basis that RCTV violated the law and backed the coup d etat against Chavez in April 2002.

The statesman warned on Sunday, at the Fifth Summit of the Bolivarian Alternative for the Americas, held in Barquisimeto, that “if the OAS, after all what happened here, condemns Venezuela, then Venezuela will quit the OAS.”

The Venezuelan president pointed out that the IAHRC serves the interests of the empire (the United States) and has lost legitimacy.

In an event on Monday night to commemorate Workers International Day, Chavez repeated his government’s stance when he said that Venezuela will also quit the World Bank and the International Monetary Fund.

“We are quitting. I want to sign the bill (the departure from those agencies) tonight, we don t want to be there. Give us what it belongs to us,” he pointed out.

In that regard, he said that the country has a deposit in those institutions “that must be returned to the Venezuelans, before they steal it, because they are capable of that, because they are in a crisis.”

He recalled that the IMF does not have resources, “not even to pay the salaries” of its officials.

Venezuela paid its debts with the two international financial agencies in advance in mid April.

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