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Venezuela's Petro-DiplomacyHugo Chavez's Foreign Policy$
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Ralph S. Clem

Print publication date: 2011

Print ISBN-13: 9780813035307

Published to Florida Scholarship Online: September 2011

DOI: 10.5744/florida/9780813035307.001.0001

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Responses to Venezuelan Petro-Politics in the Greater Caribbean

Responses to Venezuelan Petro-Politics in the Greater Caribbean

(p.102) 7 Responses to Venezuelan Petro-Politics in the Greater Caribbean
Venezuela's Petro-Diplomacy

Anthony P. Maingot

University Press of Florida

The chapter focuses on Venezuelan petro-politics in the Greater Caribbean, through an analysis of Petrocaribe, an influential instrument of Venezuelan foreign policy in the region. The intention behind PetroCaribe is to help integrate the Greater Caribbean region under a comprehensive program geared toward the “transformation” of these societies. The chapter elaborates the terms of Venezuela's PetroCaribe Energy Cooperation Agreement. A comparison of the U.S. versus Venezuela's foreign policy in the Greater Caribbean highlights that beyond oil and medical attention, Venezuela's “soft power” program of material and ideological inducements cannot compete with the attractions and “pull” of the U.S. Venezuela's efforts in the region have exemplified that the countries will seldom turn down economic assistance when they need it, but how they respond politically to that assistance will depend on their own political culture and realities.

Keywords:   Venezuela, petro-politics, Greater Caribbean, PetroCaribe, soft power, political culture

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