World Finance

World Finance

May 12, 2014 05:00 ET

"The Worst Enemy This Regime has is the Man at the Head of State"

LONDON, ENGLAND--(Marketwired - May 12, 2014) - Diego Arria, former UN ambassador and renowned diplomat, says the Venezuelan government is in a "terminal state", and that without international intervention the country could well collapse. The escalating civil unrest in Venezuela shows no sign of slowing and will not end until the regime is toppled, says Arria in a World Finance video exclusive.

"I understand the international community waits until they kill 200,000 Bosnians, and rape 20,000 women, or kill half a million people in Rwanda, or two million in Congo, and then intervene. So they see us [Venezuelans] as a minor issue," says Arria. "But there is a responsibility. There's a policy code of responsibility to protect, which is to anticipate and prevent. We are at precisely that stage, when the world should take a closer look at my country. It is potentially very important for the stability of the whole region."

Arria goes on to chart the economic problems plaguing the country at present, including rampant corruption, sky-high inflation and an overreliance on the country's petroleum sector, underlining the importance of international intervention if it is to be pulled from the brink. It's believed at least 40 people have died in the protracted conflict in the country, and the diplomat says that steps must be taken to rid the country of its enduring problems.

Arria offers World Finance's Kumutha Ramanathan a clear action plan, which outlines how best to avoid further economic and political destabilisation in Latin America. To see the video interview in full follow the link below or head over to the World Finance website.

World News Media is a leading publisher of quality financial and business magazines, enjoying a global distribution network that includes subscriber lists of the most prominent and senior decision-makers around the world, as well as comprehensive airport, hotel and conference site distribution.

Contact Information

  • For further media information contact:
    World Finance
    Matthew Timms
    Editorial Department
    +44 (0)20 7553 4177