{"id":154470,"date":"2022-06-23T17:15:52","date_gmt":"2022-06-23T21:15:52","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=154470"},"modified":"2022-06-23T17:15:52","modified_gmt":"2022-06-23T21:15:52","slug":"correcting-a-foolish-wrong","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/correcting-a-foolish-wrong\/","title":{"rendered":"Correcting a foolish wrong\u00a0"},"content":{"rendered":"<div id=\"antig-2137556096\" class=\"antig-ecab antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-3592748878\" class=\"antig-before-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/medicalbenefitsscheme\" aria-label=\"PHOTO-2026-04-07-10-45-56\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1200\/h:400\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 1200w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:341\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/PHOTO-2026-04-07-10-45-56.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1200\" height=\"400\"   \/><\/a><\/div><p><strong>Correcting a foolish wrong\u00a0<\/strong><\/p><div id=\"antig-4097213297\" class=\"antig-content_5 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"IMG_0041\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0041.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0041.jpg 1080w, https:\/\/mlavawteztbj.i.optimole.com\/w:240\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0041.jpg 240w, https:\/\/mlavawteztbj.i.optimole.com\/w:819\/h:1024\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0041.jpg 819w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0041.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1080\" height=\"1350\"   \/><\/a><\/div>\n<p>By Sir Ronald Sanders<\/p>\n<p><em>(The writer is Antigua and Barbuda\u2019s Ambassador to the United States of America and the Organization of American States.\u00a0\u00a0\u00a0He is also a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto)\u00a0<\/em><\/p><div id=\"antig-2378691586\" class=\"antig-content_4 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div><div id=\"antig-4286851439\" class=\"antig-content_12 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ablpag\" aria-label=\"IMG_0040\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0040.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0040.jpg 1080w, https:\/\/mlavawteztbj.i.optimole.com\/w:240\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0040.jpg 240w, https:\/\/mlavawteztbj.i.optimole.com\/w:819\/h:1024\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0040.jpg 819w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/04\/IMG_0040.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1080\" height=\"1350\"   \/><\/a><\/div>\n<p>It is time that several nations, led in the Western Hemisphere by the US and Canada, correct a foolish wrong.\u00a0\u00a0\u00a0Among those countries are two member states of the Caribbean Community (CARICOM), namely Haiti and Jamaica.<\/p><div id=\"antig-2495290048\" class=\"antig-content antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/ReggaeInTheParkAntigua\" aria-label=\"lucanio\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:864\/h:1080\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 1080w, https:\/\/mlavawteztbj.i.optimole.com\/w:240\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 240w, https:\/\/mlavawteztbj.i.optimole.com\/w:819\/h:1024\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 819w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:960\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/12\/lucanio.jpeg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1080\" height=\"1350\"   \/><\/a><\/div>\n<p>That wrong was not only their anointment of Juan Guaid\u00f3 as the \u201cInterim President\u201d of Venezuela\u00a0on January 23, 2019, but also the subsequent imposition of this fallacy on organizations, such as the Organization of American States (OAS) and the Inter-American Development Bank (IDB).<\/p>\n<p>The wrong was foolish because it was conceived and imposed to suit narrow national political objectives; it was not grounded in international law or practice, nor was there any wide agreement on it.\u00a0\u00a0Therefore, it was never sustainable.<\/p><div id=\"antig-2706204793\" class=\"antig-content_2 antig-entity-placement\"><a href=\"https:\/\/www.courts.com\/antigua\/\" aria-label=\"500X500 (1)\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:500\/h:500\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 500w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:300\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:150\/h:150\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2026\/03\/500X500-1.jpg 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" width=\"500\" height=\"500\"   \/><\/a><\/div>\n<p>Seven of the 13 countries in the Western Hemisphere, which originally joined the US and Canada in aggressively supporting that notion that Guaid\u00f3 was in charge of Venezuela, have now abandoned that position and reverted to dealing with the\u00a0<em>de facto<\/em>\u00a0Venezuelan government of President Nicol\u00e1s Maduro.<\/p>\n<p>The 7 countries that have ditched support for Guaid\u00f3 are: Argentina, Peru, Mexico, Chile, and Honduras in Latin America as well as The Bahamas and St Lucia in the Caribbean.<\/p><div id=\"antig-97906776\" class=\"antig-content_3 antig-entity-placement\"><a href=\"https:\/\/www.antiguabarbudaculinarymonth.com\/\" aria-label=\"CM key_WEB 1300x300_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1301\/h:301\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1301\/h:301\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 1301w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:69\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:237\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:178\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2021\/04\/CM-key_WEB-1300x300_1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1301\" height=\"301\"   \/><\/a><\/div>\n<p>Significantly, an eighth and very important country is seeking to normalize relations with the Maduro government.<\/p><div id=\"antig-1003208889\" class=\"antig-content_6 antig-entity-placement\"><a href=\"https:\/\/discoverflow.co\/web\/antigua\" aria-label=\"ANU CVP Digital Broadband 1200x400_1\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1201\/h:401\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1201w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:100\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:1024\/h:342\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 1024w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:256\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2025\/11\/ANU-CVP-Digital-Broadband-1200x400_1-1.jpg 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1201\" height=\"401\"   \/><\/a><\/div>\n<p>This country is Venezuela\u2019s neighbour, Colombia, whose newly elected President, Gustavo Petro, revealed on his twitter account that he has \u201creached out to the Venezuelan government to open the borders and restore the full exercise of human rights on the border\u201d.\u00a0\u00a0The conversation was confirmed by Maduro.\u00a0\u00a0Petro will assume office on August 7.<\/p>\n<p>Many adverse consequences arose from the wrong that was perpetrated in January 2019.\u00a0\u00a0Among them were violations of the rules of the OAS to compel accreditation of Guaid\u00f3\u2019s nominee as Venezuela\u2019s Ambassador on April 22, 2019.<\/p>\n<p>There was a similar dubious procedure, one month before, on March 15, 2019, to appoint Guaid\u00f3\u2019s representative as a governor of the IDB.<\/p>\n<p>Those wrongful actions continue to divide the member states of both organizations, and to adversely affect their operations both financially and functionally.<\/p>\n<p>For instance, since Guaid\u00f3 has no control over the finances of Venezuela, including its Treasury, his so-called interim government has not paid one cent in contributions to the OAS or the IDB, nor has it serviced the outstanding loans to Venezuela.<\/p>\n<p>In the IDB\u2019s case, at the end of 2021, the total amount of Venezuela\u2019s sovereign-guaranteed payment arrears amounted to $1,088 million, including interest. Further, since 2018, all loans to Venezuela, amounting to $2,011 million, were placed in non-accrual status.<\/p>\n<p>Interest income not recognized amounted to $51 million during the year ended December 31, 2021, and the related individually assessed allowance for credit losses was $77 million.<\/p>\n<p>How any Bank can operate in this way is alarming.\u00a0\u00a0It demonstrates a woeful politization of a financial institution with little regard for fiduciary responsibilities.\u00a0\u00a0Left unchecked, it will cripple the Bank, severely restricting its capacity to cater for the needs of its borrowing members and threatening repayments to its lending members.<\/p>\n<p>The OAS is equally affected financially.\u00a0\u00a0As of June 30, 2022, Venezuela owes the Organization $17.4 million in unpaid dues. Every year, $1.9 million is added to that sum.\u00a0\u00a0The cumulative effect is to deprive the OAS of money it desperately needs to recruit competent staff and to retain the ones it has. Projects are also affected by the lack of finance, forcing the Organization to become increasingly dependent on \u201cspecial funds\u201d solicited mostly from the US and Canada, giving these two countries even greater influence on the Organization than they already have.<\/p>\n<p>When, on April 22, 2019, the US and Canada, imposed\u00a0Guaid\u00f3\u2019s\u00a0representative on the OAS, they did so by the slenderest majority of 18 votes, and only with the support of 6 of the Latin American and Caribbean countries, which have publicly changed their stance.<\/p>\n<p>Today, it is most unlikely that 18 countries would support retaining Guaid\u00f3\u2019s nominee as the legitimate representative of Venezuela. But the anachronistic rules of the OAS are such that while only 18 votes were required to impose a representative, a two-thirds majority or 22 votes is needed to reverse the imposition, and thus to correct this wrong.<\/p>\n<p>It may very well be that, given that 15 of the 33 voting member states of the OAS did not support the April 2019 decision, and 8 countries have now publicly changed their position, there are 23 countries that could overturn it.<\/p>\n<p>All of this sets the stage for a completely different conversation concerning Venezuela; importantly one that will not include the myth that Guaid\u00f3 is the Interim President of the country.\u00a0\u00a0That is not to say that he would not remain a participant in any negotiations among the parties in Venezuela to find a solution to the political impasse in that country, but he would not be doing so on the unrealistic premise that has so far been promoted.<\/p>\n<p>Both the OAS and the IDB, in their functional and financial interest, need to remedy the situation regarding Venezuela.<\/p>\n<p>On a wider hemispheric level, credible and practical discussions should be initiated with the government that is in charge of Venezuela in order to reintegrate the country and its resources into the global trading and financial system.<\/p>\n<p>In that way, desired reforms in Venezuela, could be achieved with benefits to its people, and to the role it could play in the peaceful development and prosperity of the Hemisphere.<\/p>\n<p><em>Responses and previous commentaries:\u00a0<a href=\"http:\/\/www.sirronaldsanders.com\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/www.sirronaldsanders.com&amp;source=gmail&amp;ust=1656104847187000&amp;usg=AOvVaw15dDjRTmqg6SeIDnwaMHbM\">www.sirronaldsanders.com<\/a><\/em><\/p>\n<div id=\"antig-4219380742\" class=\"antig-in-comments_2 antig-entity-placement\"><a href=\"https:\/\/www.facebook.com\/@hadeedmotorsltd\" aria-label=\"Hadeed_WEB_Banner_MG-2\"><img src=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png\" alt=\"\"  srcset=\"https:\/\/mlavawteztbj.i.optimole.com\/w:1000\/h:250\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 1000w, https:\/\/mlavawteztbj.i.optimole.com\/w:300\/h:75\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 300w, https:\/\/mlavawteztbj.i.optimole.com\/w:768\/h:192\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/12\/Hadeed_WEB_Banner_MG-2.png 768w\" sizes=\"(max-width: 696px) 100vw, 696px\" width=\"1000\" height=\"250\"   \/><\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Correcting a foolish wrong\u00a0 By Sir Ronald Sanders (The writer is Antigua and Barbuda\u2019s Ambassador to the United States of America and the Organization of American States.\u00a0\u00a0\u00a0He is also a Senior Fellow at the Institute of Commonwealth Studies, University of London and Massey College in the University of Toronto)\u00a0 It is time that several nations, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":136461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-154470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - 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