The Chamber approved an agreement declaring the law “non-existent” and “ineffective” considering that it violates principles of organization of public power.
The National Assembly of Venezuela (AN, Parliament) condemned this Tuesday, October 13, the so-called Anti-Blockade Law, promulgated by the Executive, and warned that it will not recognize the businesses signed within the framework of that legal instrument that seeks to circumvent the economic sanctions imposed on the Government by Nicolás Maduro when we have the information.
“Any negotiation or contract will be illegal and unknown by the National Assembly and will have no value in Venezuela and abroad,” says a press release from the Legislative Assembly that reports the virtual debate held this day in which the deputies agreed to condemn the law in question.
The Chamber approved an agreement declaring the law “non-existent” and “ineffective” considering that it violates principles of organization of public power and “creates an autocratic framework free of legal and political controls for the usurping regime” of President Nicolás Mature.
Whoever negotiates under the protection of the anti-blockade law “could be involved in crimes against the country, illicit association to commit a crime, use of property derived from the crime, embezzlement of use and intent, improper use of public property and other crimes,” says the letter. .
The agreement of the Parliament, with an opposition majority, also urges “to investigate and establish civil, criminal and administrative responsibilities to the people who are involved” in the “illegitimate promulgation and application” of these regulations.
The deputies called the law unconstitutional, claiming that it was not approved by Parliament, as well as an “instrument of factual application”, since its content will be followed by all State institutions, which in turn do not recognize the guidelines of the AN.
Law that nullifies laws
The law, called “anti-blockade for national development and the guarantees of the Venezuelan people”, was approved by the National Constituent Assembly (ANC), made up only of official members, after a single debate in which the 44 articles were not discussed. Instead, three speakers defended the need to urgently green light it.
This legal framework is intended, according to its article 1, to provide the “public power” with legal tools to “counter, mitigate and reduce, in an effective, urgent and necessary manner, the harmful effects generated by the imposition” of financial sanctions. , mainly those applied by the United States.
According to article 19, “when it is necessary to overcome the obstacles or compensate the damages (of the sanctions)” the Executive will proceed to “inapply for specific cases those rules of legal or sublegal rank whose application is impossible or counterproductive.”
The law was drafted and proposed by Maduro and will remain in effect until all the sanctions imposed, which, according to the Executive, are more than 300 only those applied from the United States.
Maduro later announced the creation of an international investment center with which he hopes to attract local and foreign capital to boost the national economy within the framework of that law.