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  1. Jan 3, 2023 · January 3, 2023. The United States continues to recognize the democratically elected 2015 National Assembly as the last remaining democratic institution in Venezuela, and we welcome the agreement reached to extend its authority.

    • Introduction
    • Creating An Interim Parliamentary Government
    • The Recognized President of Venezuela
    • Venezuela's Representation and The Crisis of The External Debt
    • Uncertainty of The Social Fund
    • New Strategy Toward Presidential Elections
    • Getting Back on Track

    The 2015 National Assembly decided to “eliminate the interim government,” according to the new transition statute publishedon January 3, 2023. From a legal perspective, the National Assembly approved disbanding the interim president, creating in its place an "interim parliamentary government." This decision dramatically modified core premises regar...

    The National Assembly did not eliminate the interim government—rather, it created an interim parliamentary government. The assembly justifiedthe new statute on the need to end the “interim government” due to its failure to advance in the transition and the decay of international recognition. If the transition strategy adopted in 2019 failed, it was...

    As the Roman adage says, consummatum est. The disbanding of the interim president cannot be undone. Now is necessary to determine its legal consequences in the United States and the United Kingdom. Until 2023, the de jure president of Venezuela, recognized as such in the United States and the United Kingdom, was the speaker of the National Assembly...

    The new statute also creates additional risks regarding the litigation triggered by the external debt default, which could be estimated at approximately 140 billion USD. The six-year lapseof New York's statute of limitation, that applies to the financial debt, could expire in 2023. To preserve their rights, creditors must file a complaint or enter ...

    During the last rounds of negotiations in Mexico, the Maduro government and the UP signed the second social agreement that included the creation of a social fund to protect the Venezuelan people. The fund will administer the "frozen assets" of Venezuela. Although some news reported that the fund's value was $3 billion, there is no written agreement...

    The democratic statute was enacted in 2019 when the expectations for a democratic transition were high. Those expectations never materialized, so a new strategy was needed, as this author explainedat Yale University in 2022. As political scientist Abraham Lowenthal recently concluded, the Mexico negotiations could be this new strategy, with the pri...

    The interim president's disbanding could be a significant change in the transition strategy adopted since the election of the 2015 National Assembly. Without a new strategy, this change could favor the stability of Maduro, pushing away the expectation of a transition from the complex humanitarian emergency that Venezuela faces. The opposition needs...

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  3. Jan 5, 2023 · In a press call, White House National Security Council spokesperson John Kirby said the United States still recognized that assembly, elected in 2015, as Venezuela's "last remaining...

  4. Overview. Venezuela’s democratic institutions have been deteriorating since 1999, but conditions have grown sharply worse in recent years due to harsher government crackdowns on the opposition and the ruling party’s use of thoroughly flawed elections to seize full control of state institutions.

  5. Dec 7, 2020 · The National Assembly, the only institution controlled by the opposition, will now be dominated by Mr Maduro's party and others backing him. Five things to know about Venezuela's election...

    • Is the National Assembly still a democratic institution in Venezuela?1
    • Is the National Assembly still a democratic institution in Venezuela?2
    • Is the National Assembly still a democratic institution in Venezuela?3
    • Is the National Assembly still a democratic institution in Venezuela?4
    • Is the National Assembly still a democratic institution in Venezuela?5
  6. Jan 12, 2023 · A spokesperson from the State Department recently said that the Biden administration “continues to recognize the democratically elected 2015 National Assembly,” but that does little to clarify questions about who the Biden administration considers to be in charge.

  7. Nov 10, 2020 · On December 6, 2020, the Maduro regime in Venezuela hosted and won unfree elections for the National Assembly, which had been the only remaining democratically elected institution in the country. Ahead of the election, the regime-controlled Supreme Tribunal of Justice appointed regime loyalists to the National Electoral Council, which oversees ...

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