President Maduro recounted his country's economic recovery despite the sanctions imposed by foreign powers. He noted that the Bolivarian revolution transformed the model of dependence on oil exports for a diversified economy.
The South American nation imported between 80 percent and 85 percent of food products under the "petrodollar" model; however, national production supplies 95 percent of Venezuelans' food nowadays.
The Bolivarian leader recalled that Venezuela stopped exporting oil for 14 months due to sanctions, a situation that impacted the general welfare of the population.
Quadri Olaleye of the Trade Union Congress of Nigeria is in Venezuela this week to observe the regional elections. pic.twitter.com/EjBrS5D0z6
President Maduro denounced the foreign powers' biased policies since they pay no attention to clear human rights violations committed in countries such as Colombia, where human rights defenders and social leaders are murdered on a daily basis.
He commemorated the celebration of 29 elections in 22 years in Venezuela while highlighting that Sunday's elections would represent a challenge for grassroots, regional, and local leadership.
"We are not renouncing the transition to socialism...These elections are a golden opportunity to guarantee that the doors of economic stability are opened, and deepen the new economic system," President Maduro said.