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Venezuela, US Power Play and India’s Latin America Opportunities
Jan. 6, 2026

Context:

  • The dramatic US intervention involving the seizure of Venezuelan President Nicolás Maduro marks a significant shift in Washington’s Latin America policy.
  • Unlike earlier efforts aimed at outright regime change, the current US strategy appears focused on “regime seduction”—co-opting the existing power structure to realign Venezuela geopolitically.
  • This development has wider implications for great power rivalry, regional politics in Latin America, and India’s foreign policy priorities.

Key Developments:

  • Nature of the US intervention:
    • Trump’s move is among the most audacious US actions in Latin America in recent decades.
    • Strategy focuses on co-opting the Maduro establishment, not dismantling it.
    • Interim President Delcy Rodríguez’s tentative outreach to Washington may signal a reset in US–Venezuela relations.
  • Background of US–Venezuela engagement:
    • Engagement attempts predate Trump; the Biden administration explored rapprochement post-2022 Ukraine war to access Venezuelan oil amid sanctions on Russia.
    • Recent negotiations failed, but the current crisis may reopen diplomatic channels.

Geopolitical Implications:

  • Regional power dynamics: A post-Maduro realignment could lead to -
    • Reassertion of US dominance in Latin America.
    • Acceleration of rightward political drift, reversing decades of left-wing populism.
    • Direct challenge to Cuban, Russian, Chinese, and Iranian influence in the Western Hemisphere.
  • Impact on Great Power competition:
    • Venezuela has been a hub of anti-American geopolitics, supported by Russia and China.
    • Trump’s revival of a muscular Monroe Doctrine, reinforced by the “Trump Corollary”, targets China’s expanding economic footprint.

India’s Response - Strategic Restraint:

  • Why India remained cautious?
    • India’s reaction was criticised as too timid, especially compared to BRICS partners.
    • However, restraint mirrors India’s stance on -
      • Russia–Ukraine war (2022)
      • US–Israeli strikes on Iran
    • India has moved away from moralistic diplomacy, recognising the limits of international law in great power politics.
    • India invokes sovereignty norms primarily in cases of Chinese territorial aggression, given its direct security stakes.
  • Limited stakes in Latin America:
    • Venezuela lies outside India’s core strategic theatre.
    • Latin America itself is internally divided. For example, Brazil’s President Lula da Silva condemned the US action, while conservative forces across the region welcomed Maduro’s ouster.

India, BRICS, and Strategic Priorities:

  • Russia and China have invested heavily in Venezuela to contest US primacy.
  • India, despite rhetoric of a multipolar world, does not share their objective of undermining US dominance in the Western Hemisphere.
  • India’s true strategic focus remains -
    • Limiting Chinese dominance in Asia
    • Building a “multipolar Asia”, not a post-American global order.

Economic Dimension - Missed Opportunities:

  • Why Latin America matters to India?
    • The “Year of Trump’s Tariffs” has compelled India to diversify export markets.
    • Latin America, with its combined GDP of around $5.5 trillion and a population exceeding 650 million, remains an under-explored commercial terrain.
    • India’s annual bilateral trade with the region is underwhelming at $45 billion (China’s - $500 billion). The city-state of Singapore does as much trade with Latin America as India.
  • Emerging opportunity:
    • As the US pressures Latin American states to reduce dependence on China, many will seek diversification rather than substitution.
    • This opens space for Indian trade, investment, and technology partnerships.

Structural Weaknesses in India’s Latin America Policy:

  • Persistent diplomatic neglect despite historical connections (e.g., Tagore’s 1924 Argentina visit).
  • Symbolic gestures (roads named after Simón Bolívar, San Martín) contrast with -
    • Poor political literacy about the region
    • Infrequent high-level visits
    • Thin commercial diplomacy
    • Weak institutional presence
  • Past ideological fascination (Fidel Castro, Che Guevara) yielded cultural symbolism, not strategic policy. 

Challenges for India and Way Ahead:

  • Limited diplomatic bandwidth and expertise on Latin America: Insufficient understanding of Latin American political economy and society. So,
    • Sustained political engagement with Latin American countries beyond episodic diplomacy.
    • Targeted trade diplomacy focusing on pharmaceuticals, IT services, automobiles, renewable energy, and defence manufacturing.
    • Develop region-specific expertise within MEA and policy think tanks.
  • Over-reliance on BRICS alignment: Treat Latin America as an independent strategic and economic theatre, not merely through the BRICS or US–China prism.
  • Weak trade infrastructure: Strengthen institutional presence—embassies, trade offices, academic and cultural exchanges.

Conclusion:

  • The Venezuela crisis is not just a spectacle of US interventionism; it is a signal of reshaped geopolitics in Latin America amid renewed great power rivalry.
  • India’s cautious diplomacy may be strategically sound in the short term, but its long-standing neglect of the region is no longer tenable.
  • As Latin America enters a new political phase and seeks economic diversification, India must move beyond symbolic internationalism to purposeful engagement.

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