ASSESSMENTS
The Cocaine Ties That Bind Colombia and Venezuela
Sep 12, 2018 | 09:00 GMT
(RAUL ARBOLEDA/AFP/Getty Images)
Highlights
- South America's cocaine trade will directly and indirectly influence security developments in Colombia and political developments in Venezuela over the next several years.
- In Colombia, the government's new policy of forcefully eradicating coca plants will worsen the ongoing competition among criminals, who could threaten oil and gas activities in central and eastern Colombia.
- U.S. investigations of drug-related crimes by Venezuelan government officials will keep Caracas united for now, and the government will also emphasize the trade links that earn it export revenue and future loans.
- Caracas will face a longer-term threat if bondholders and arbitration claimants demanding payment organize to seize the country's energy export, transport and refining assets.
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