This is a short version of the latest briefing of the International Crisis Group on Venezuela, entitled: "Venezuela: Is there life after the Barbados talks?" Read the full briefing here
What’s new? At least for now, Norwegian-facilitated negotiations to end Venezuela’s presidential showdown have collapsed. Meanwhile, President Nicolás Maduro’s government has forged an agreement with minority opposition parties. Together with regional powers’ decision to define Venezuela as a threat to hemispheric security, these developments could complicate a resolution of the crisis.
Why does it matter? Failure to restore political stability and socio-economic well-being in Venezuela fuels South America’s worst-ever refugee crisis, risks a low-intensity internal conflict, propagates tensions across the region and threatens to trigger military clashes with neighbouring Colombia.
What should be done? Allies of the two sides should press them to overcome their reluctance and return to the negotiating table, possibly under a new format, where they should show the necessary flexibility to reach a workable agreement.
Overview
After seven rounds of formal talks in Oslo and Barbados, facilitated by the Norwegian government, negotiations between representatives of President Nicolás Maduro and the opposition led by Juan Guaidó – now recognised as the legitimate acting president by 58 countries, including the U.S. – broke down in mid-September. The talks had centred on a six-point agenda, agreed upon in April, to which the Maduro government had contributed just one point – the lifting of U.S. sanctions.
The remaining five were the restoration of constitutional checks and balances; conditions for the holding of elections (understood by the opposition to mean a presidential election, though that was not made explicit); the terms of a transition away from Maduro; peace and reconciliation; and post-electoral guarantees for both sides.
Both sides had reportedly accepted, at least in principle, close to 80 per cent of the action points based on this agenda. Though the talks have been suspended, their resumption remains the best hope for averting a worsening humanitarian emergency and the risk of violence in and around Venezuela.
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