The European Union expressed its concerns of the political crisis and economic collapse in Venezuela, in a statement on 16 July. According to the Union’s statement, the crisis “continues to take a heavy toll in the population as illustrated by the 4 million people that have fled the country”.

“The EU stands ready to assist the UN HCHR in her efforts to ensure that the fundamental rights of all Venezuelans are fully protected”, the statement reads.

The Union also reaffirmed the need for an urgent political solution that can only be achieved through a peaceful, democratic and Venezuelan-owned process leading to fair presidential elections.

“In case there are no concrete results from the ongoing negotiations, the EU will further expand its targeted measures”, the Union said in the statement.