Venezuela Says U.S. Economic Blockade Prevents it from Funding COVAX
RIO DE JANEIRO, BRAZIL – The economic blockade imposed by Washington is preventing Venezuela from funding the COVAX initiative led by the World Health Organization, Venezuelan Minister of Health Carlos Alvarado said on Sunday, December 27th.
The official said Venezuela offered “to place 18 million U.S. dollars into the COVAX fund,” but as a result of the blockade, the country has not “been able to free those resources to pay the fund.”
He added that the U.S. sanctions have affected other vaccination programs previously conducted through the Pan American Health Organization revolving fund.
“We have not been able to pay the revolving fund, therefore, we have not been able to buy vaccines through that fund,” said Alvarado.
“The vaccines we are giving our boys and girls today … come through humanitarian aids,” said the minister.
As a result of the U.S. sanctions, the country has had vaccination failures for at least two and a half years, the minister said.
More: Brazil news in English, every day from The Rio Times.
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief
Venezuela and the United States
- What Is Going On Between Venezuela and the United States?
- What Is Going On Between Venezuela and the United States?
- Venezuela Geopolitics Explained, US Now Runs Its Oil
- Venezuela Politics 2026, Who Holds Power After Maduro
Brazil runoff, Sunday, October 25: Brazil runoff: date, poll closing times and when results start. Latest: Brazil runoff polls, Flávio 51%, Lula 49%.