UK closes trading office in Venezuela ‘for lack of opportunities’

The UK Department of International Trade made the decision to close its Venezuela office considering that in our country there are “no real opportunities for companies” from European countries due to the economic situation in the region.

According to Bloomberg news agency, in consultation with a spokesman for the UK’s diplomatic mission, department officials regularly review indicators around the world and based on that they make decisions “to better meet the ever-changing needs of the region.”

In that regard, he stressed that they continue to support British companies’ business opportunities in Venezuela through staff at the Embassy in Caracas and elsewhere in the region.

A few days ago, information attributed to the deputy head of the British Mission in Venezuela, Duncan Hill, was announced, in which he indicated that the decision to close the International Trade office in the country was made in conjunction with the management team. stationed in Caracas.

In the letter, which he accessed As isThe UK does not consider that there is a possibility that economic conditions in Venezuela will improve in the medium term and the Department of International Trade “needs to ensure that it has the personnel in place to support companies” in their country and for this reason they are closing offices.

Expected to work until March 31, 2022.

The United Kingdom is one of the countries that recognize Juan Guaido as president in charge of Venezuela, although the country’s current Charge d’Affaires, Rebecca Buckingham, was received in early August 2021 by the Undersecretary of State for Europe Yvan Gil.

In the meeting held in the Yellow House, Gil reiterated the willingness of the Nicolás Maduro government to maintain diplomatic lines and cooperation with the European country.

Roderick Gilbert

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