Member

We should be under no illusion as to the nature of the Maduro regime. A once functioning democracy has become a hub for very dangerous organised criminal gangs—corrupt links have involved Iran, with Hezbollah increasingly present in recent years, as well as malign support from Russia—and a regime that has facilitated illicit finance, sanctions evasion and organised criminal activity, including narcotics trafficking and illegal gold trading. That undermines the security of the whole region, including UK overseas territories, as well as the United States and other regional partners. The country has been driven into economic ruin, with an 80% drop in its GDP in a decade. More than 8 million people have left, which has caused instability elsewhere in the region.