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UN Security Council to discuss Venezuela crisis

Prime News, International, Business, New York, November 11:- United Nations officials say the United States and Italy have organised an informal UN Security Council meeting on Venezuela aimed at preventing the crisis in that country from turning into a security threat.

US Ambassador Nikki Haley will chair the informal meeting Monday, which will include addresses from UN human rights chief Zeid Ra’ad al Hussein and Organisation of American States Secretary-General Luis Almagro.

A note circulated to council members about the meeting said it will provide an opportunity “to discuss the role the international community and regional organisations can play in seeking a political solution and facilitating humanitarian access to those affected by the tensions.”

The meeting comes as Venezuela faces the possibility of defaulting on its debt. On Friday, a committee of Venezuelan creditors postponed until next week a decision on whether state oil company PDVSA has officially defaulted on its debt payments.

“As the Venezuelan economy continues to crumble, the situation will likely only worsen, especially as the country is at risk of defaulting on its debt,” the UN note said.

The statement also said that over the past six months, more than 500,000 Venezuelans have fled political turmoil in the country, as well as the soaring inflation and widespread shortages of food and medicine.

-(NGB, Inputs: Agencies)

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