Russian–Venezuelan Threat Mitigation Act

Russian–Venezuelan Threat Mitigation Act
Great Seal of the United States
Long titleA Bill to require a threat assessment and strategy to counter Russian influence in Venezuela, an assessment of foreign acquisition of CITGO assets in the United States, and for other purposes.
Announced inthe 116th United States Congress
Number of co-sponsors8[1]
Legislative history

The Russian–Venezuelan Threat Mitigation Act is a bill in the 116th United States Congress sponsored by Rep. Debbie Wasserman Schultz (D-FL) and co-sponsored by Mario Díaz-Balart (R-FL), Donna Shalala (D-FL), and Debbie Mucarsel-Powell (D-FL).[2] It aims to monitor and investigate Russia's increasing involvement in the 2019 Venezuelan presidential crisis and the crisis in Venezuela in general.

The bill was introduced to the House as H.R. 1477 on February 28, 2019, and passed by the House of Representatives on March 25, 2019.[1] The bill would need to pass the Senate and be signed by the President of the United States in order to become law. On 8 April, it was referred to a Senate subcommittee.[3]

Introduction

Congresswoman Debbie Wasserman Schultz said the bill was introduced because of Russia's menacing influence that prevents the restoration of a functioning democracy in Venezuela while posing an imminent military threat to the United States and the entire Western Hemisphere.[2]

In December 2018, the Russian military sent two Tupolev Tu–160 nuclear-capable bombers to Venezuela for joint military exercises, which carry conventional or nuclear-tipped cruise missiles with an estimated maximum range of around 3,000 miles. At the same time, both Russian and Venezuelan forces took part in a joint 10-hour exercise across the Caribbean Sea with the Tu–160 aircraft.[4]

In a 2016 deal, Venezuela offered Russia 49.9% of Citgo as collateral for a $1.5 billion loan. Due to the poor state of Venezuela's economy, which includes a high risk of default, it is possible the Bolivarian Government of Venezuela may give Citgo to Rosneft, Russia's government-run oil company. Both Republican and Democratic politicians in the United States urged oversight on this deal, describing Citgo's sale to Russia as a risk to the national security of the United States.[5] In December 2018, it was suggested that Rosneft has lent PDVSA for $6.5 billion partly as prepayment for crude oil, of which $3.1 billion remained outstanding as of the end of September 2018.[1]

The bill also mentioned that during the 2019 Venezuelan presidential crisis, Russia has provided financial support for President Maduro while countering international support for interim president Juan Guaidó. Moreover, it was reported in that Russia sent Wagner Group contractors to provide security and protection for Maduro, a charge which Russia denies.[6][7]

Congresswoman Schultz said that the bill takes a critical step toward understanding and addressing the impact of Russia-Venezuela military cooperation, and to ensure it does not obstruct democracy or safety in the region[2] while preventing Russia "to outfit Maduro with weapons of oppression."[8] Co-sponsor Mario Díaz-Balart said the bill was necessary to monitor Russia's threat to stability and democracy within the Western hemisphere, explaining that the Maduro regime "has invited adversaries such as Russia and China into its doorstep."[8]

Proposals

Under the bill, it requires the US State Department to provide a threat assessment and strategic approach for dealing with Russia's growing military sway in Venezuela. It also requires the President of the United States to monitor the risk of Russian acquisition of the Venezuela's CITGO assets in the United States.[1]

The bill also imposes a travel ban on individuals working on behalf of the Russian government in direct support of Venezuelan security forces, which includes the following agencies:[1]

Reactions

Russian Foreign Ministry spokeswoman Maria Zakharova said the bill would not make Russia reverse its diplomatic stance on the crisis in Venezuela and its support to Nicolás Maduro by increasing more sanctions on Russia.[9]

Oleg Morozov, member of the Federation Council's Foreign Affairs Committee described the bill as "nonsense" and an anti-Russian sanctions policy.[10]

According to Russia's ambassador to Venezuela, Vladimir Zaemsky, the Russian government is ready to respond by imposing similar measures should the bill pass.[citation needed]

See also

References

  1. ^ a b c d e Schultz, Debbie (28 February 2019). "H.R.1477- 116th Congress (2019-2020): To require a threat assessment and strategy to counter Russian influence in Venezuela, an assessment of foreign acquisition of CITGO assets in the United States, and for other purposes". www.congress.gov. Retrieved 2019-03-26.
  2. ^ a b c "Wasserman Schultz's Russia-Venezuelan Threat Mitigation Act Passes House". Congresswoman Debbie Wasserman Schultz. 26 March 2019. Retrieved 2019-03-27.
  3. ^ All Actions on H.R.1477 in the 116th Congress
  4. ^ Isachenkov, Vladimir; Burns, Robert (December 10, 2018). "Russia sends 2 nuclear-capable bombers to Venezuela". Sightline Media Group. Russia's Defense Ministry said a pair Tu-160 bombers landed at Maiquetia airport outside Caracas on Monday following a 10,000-kilometer (6,200-mile) flight. [...] It added that a heavy-lift An-124 Ruslan cargo plane and an Il-62 passenger plane accompanied the bombers to Maiquetia.
  5. ^ Valencia, Robert (October 14, 2017). "Don't Worry About War with North Korea — Venezuela Is the Real Problem". Newsweek. Retrieved 15 October 2017. In the event that Venezuela is unable to pay off its debt to Russia, the Maduro administration is using CITGO as its guarantee. In April 2017, it was unclear how Venezuela's state-oil company PDVSA—CITGO's parent company—would pay Russian loans. As a result, Russia's state-oil company Rosneft could potentially own CITGO, which is based in Houston. Democrat and Republican legislators sent letters to Trump, members of Congress and senators alerting that this could pose a danger to U.S. national security should Russia acquire the company
  6. ^ "Russia denies sending mercenaries to protect Venezuela's president". South China Morning Post. 28 January 2019.
  7. ^ "Russia warns against foreign interference in Venezuela". Anadolu Agency. 28 January 2019.
  8. ^ a b Derby, Kevin (26 March 2019). "Debbie Wasserman Schultz Gets Russia-Venezuelan Threat Mitigation Act Through the House". Sunshine State News. Retrieved 30 March 2019.
  9. ^ "US sanctions won't make Russia reverse stance on Venezuela — diplomat". TASS. 27 March 2018.
  10. ^ Irfan, Muhammad (26 March 2019). "Russian Lawmaker Calls New US Bill On Russia's Influence In Venezuela 'Legal Nonsense'". UrduPoint News. Retrieved 30 March 2019.

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