Venezuela at crossroads, U.S. ambassador says
Nation facing a new era
John Maisto is concluding a 3 1/2-year stint as Washington's
top diplomat in
Caracas.
BY DON BOHNING
Venezuela is confronting an uncertain future, says outgoing U.S.
Ambassador
John Maisto, with the country's well-being resting heavily on
its hard-charging
president, Hugo Chávez, and his high octane political
rhetoric.
``Venezuela is facing a crossroads . . . Venezuelans are going
to have to make
their own decisions as to which way they want to go,'' Maisto,
a veteran U.S.
diplomat, said last week in an interview in Miami after concluding
a 3 1/2-year
stint as Washington's top diplomat in Caracas.
``The ball is squarely in the court of Hugo Chávez and
his government,'' Maisto
said. ``They won the elections pretty resoundingly. They have
control of the
executive branch. They have a majority, although not an absolute
one, in the
legislature, and we'll have to see how the institutions come
out.
``The bottom line for success is the economy and the political
rhetoric and the
political reality that goes with the economy,'' Maisto said.
He acknowledged that
the rhetoric ``has been terrible. And, as a result, the country
risk-factor has been
pretty high, while the economic realities probably don't merit
such a high risk
categorization.''
GOOD OPPORTUNITIES
There are, he said, some good opportunities for U.S. investors in Venezuela.
He cited Chavez's first speech after his July 30 reelection to
a six-year-term as
one in which ``the tone was moderate and welcomed by the Venezuelan
private
sector. The reaction was positive because everyone is looking
for a lowering of the
rhetoric . . . because the charged political rhetoric negatively
affects the
investment climate.''
But are there enough checks and balances within the Venezuelan
system to
restrain Chávez, a charismatic populist and ex-military
officer with what appear to
be authoritarian tendencies?
LEGITIMATE QUESTION
Maisto acknowledged the concern and said he thinks it is ``premature
to make
any judgments about this particular, very legitimate question.''
He noted that
``there are Venezuelan institutions in place. We have to see
how those
institutions work under the new constitution. That's one of the
unknowns.''
Washington's reaction to the perceived Chávez digs at the
United States has
been generally to ignore them. One excpetion was the Venezuelan
president's
recent visit to Iraq and Saddam Hussein in conjunction with a
tour of OPEC
member states to extend the leaders an invitation to a summit
in Caracas in
September.
Chávez is calling for the lifting of U.N. sanctions against
Iraq imposed after the
Persian Gulf War and and strongly backed by the U.S. government.
On Sunday, Chávez followed up his trip to Iraq with a visit
to Libya -- another
nation often at odds with the United States.
Meeting with Libyan leader Moammar Gadhafi, Chávez praised
the country's
economic and political reforms and called the 1986 U.S. bombing
of Tripoli a
``criminal act.'' The two leaders discussed bilateral relations
and the prospect of
further cooperation, according to the Libyan News Agency.
Other high profile snubs included the refusal to allow U.S. drug
surveillance flights
over Venezuelan territory. Chávez also ordered the last
minute turn-around of two
U.S. Navy ships bound for Venezuela with about 400 Seebees and
engineers
along with heavy equipment to reconstruct a coastal highway after
landslides and
flooding this year. In addition, Chávez has maintained
a close friendship with
Cuba and Fidel Castro.
As for Cuban influence, Maisto said the new Venezuelan constitution
has nothing
that resembles ``anything socialist or communist. Then look at
the policies and
there is nothing you can sink your teeth into,'' Maisto said.
But he added: ``We're always concerned about Cuban influence and
we follow
these things very closely, very closely.''
This report was supplemented by material from the Associated Press.