Chavez Summons Allies to Back Libya Mediation

Friday, 04 Mar 2011 03:37 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Venezuelan President Hugo Chavez summoned an emergency meeting of his closest Latin American allies in a bid to mediate in the Libyan crisis that has divided the country and sent oil prices surging.

Chavez, who has compared Libyan leader Muammar Gadhafi to Latin American liberation hero Simon Bolivar, said yesterday that  Gadhafi has agreed to mediation to resolve the conflict.

Representatives from his regional bloc known as Alba, including foreign ministers from Bolivia, Ecuador and Cuba, are attending the meeting. The Arab League is studying Chavez’s proposal, Secretary-General Amr Moussa said yesterday.

“On the agenda is the constitution of an international humanitarian committee for the peace and union of the Libyan people, which has been well received by Colonel  Gadhafi’s government,” Venezuela Foreign Minister Nicolas Maduro said in comments carried by state television. “There’s an open debate between the vision of the south, the vision of peace, and the warlike vision from NATO and the US that aims to impose itself on the world yet again, on the Arab peoples and, particularly, on the Libyan people.”

Conflicting Signals

Chavez’s plan would face stiff opposition from Libyan opposition groups and the U.S. and France, who have called on Gadhafi to step down from power after hundreds of people have died from battles between the military and anti-government protesters since Feb. 17.

Venezuela, the largest oil producer in South America, has strengthened ties with the OPEC nation since Chavez took power in 1999.

Maduro said Libyan Foreign Minister Moussa Koussa authorized Venezuela to select members of the commission, according to a letter dated yesterday that he read on state TV.

“We authorize you to take all necessary steps to select the members and coordinate their participation in the dialogue,” Maduro read from the letter.

Comments earlier this week by Qaddafi’s son Saif Al-Islam suggest Libya’s willingness to accept mediation is unclear.

“It’s like me going to broker a deal in the Amazon,” Saif  Gadhafi told Sky News. “They’re our friends, we respect them, but they’re far away and have no idea about Libya.”

Oil Rise

In New York trading, crude rose to a 29-month high on Libyan unrest, and is heading for a third straight weekly advance.

Crude oil for April delivery increased $1.94, or 1.9 percent, to $103.85 a barrel at 1:49 p.m. on the New York Mercantile Exchange. Prices climbed as much as $2.18 to $104.09, the highest level since Sept. 29, 2008.

Chavez said yesterday that  Gadhafi won’t leave power to seek asylum in Venezuela or Nicaragua and will die fighting if necessary while warning that a foreign invasion could push crude to $200 a barrel.

“If the civil war in Libya were to become an international war, oil could surpass $200 and that doesn’t benefit anyone in the world, that’s why Venezuela has made its proposal from the Alba,” he said.

U.S. State Department spokesman Philip J. Crowley said that if Gadhafi doesn’t respond “to the many calls across the international community for him to step down, it’s uncertain to me what an international commission is going to accomplish.”

Peru said it will support Chavez’s plan, even after breaking diplomatic ties with Libya on Feb. 23.

Chavez as a peace broker is unlikely to prove effective because of his alliance with  Gadhafi and the dim prospects that Libyan rebel groups would negotiate with the strongman, Win Thin, head of emerging market strategy at Brown Brothers Harriman & Co. in New York said in a research note.

“Chavez is hardly an impartial third party in this conflict, as he has cozied up to Gadhafi over the years,” Thin said. “We would not expect opposition forces to be very open to any sort of Chavez intervention.”


© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Pope Seeks to Bring Faith to 'Ends of the Earth'

Saturday, 19 Apr 2014 18:26 PM

Pope Francis baptized 10 people Saturday and urged them to bring their faith to the ends of the Earth as he presided o . . .

Conservatives Deride Effort to Rig Electoral College

Saturday, 19 Apr 2014 19:37 PM

Conservatives slammed the campaign to effectively end the Electoral College's role in presidential elections, saying tha . . .

Fox Executive Fired Over Flight 370 Charity Email

Saturday, 19 Apr 2014 18:22 PM

A veteran Fox executive who used her company email account to plan aid for loved ones of the missing Malaysian airplane' . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved