Topic: 2026 – Implementation of Sanctions
Country: Venezuela
Delegate Name: Stella Yakima
02/06/2026
Submitted to: Special Committee on the United Nations Charter
From: Venezuela
Delegate Name: Stella Yakima
Topic: Implementation of Sanctions
Intro, overview of topic.
Brief description of country policy. Venezuela strongly believes that sanctions are a threat to national security and sovereignty as well as a violation of human rights towards the people of Venezuela.
To avoid the harsh sanctions placed on Venezuelan oil, there have been shifts in allies and importing nations. Currently, China is the biggest buyer of Venezuelan oil and has invested in the Venezuelan oil industry for the next two decades. This shift in allies has been strategic to avoid sanctions and to protect the economy for the Venezuelan people.
The backbone of Venezuela’s economy is oil. The oil industry has kept Venezuela thriving for over a century. There are currently sanctions on Venezuela’s oil which is causing great harm to the economy. In 2017, the U.S. placed oil sanctions on Venezuela which caused a significant decrease in exports in hopes of pressuring the Venezuelan government enough to give the U.S. complete control over their oil sales and distribution. Since then, the U.S. president has continued to tighten and impose more sanctions while claiming that Venezuela has “stolen oil”.
Venezuela’s main goal in fending off sanctions on oil is to grow their economy. Currently, Venezuela is in a state of economic crisis due to sanctions being placed on oil from big importers. These importers want total control of the Venezuelan economy and country, starting with oil. The sanctions placed on Venezuela are not effective in achieving the job that the U.S. wants to achieve, instead they are hurting the Venezuelan people more.
Solutions
https://www.state.gov/venezuela-related-sanctions
https://www.congress.gov/crs-product/IF10715
https://globalwitness.org/en/campaigns/fossil-fuels/why-the-us-attacked-venezuela-oil-sanctions-and-maduro/
https://saisreview.sais.jhu.edu/china-in-the-u-s-venezuela-dispute-beijing-has-complicated-washingtons-policy-towards-caracas/#:~:text=We%20hope%20that%20the%20United,under%20pressure%20to%20relinquish%20power.
https://www.sidley.com/en/insights/newsupdates/2026/01/developments-in-venezuela-sanctions-considerations
https://www.mayerbrown.com/en/insights/publications/2026/02/venezuela-transforms-hydrocarbons-sector-with-new-hydrocarbons-law-amendment
