Read more about UK recognises opposition leader Juan Guaido as Venezuela’s president on Business Standard. UK High Court ruled that Britain had “unequivocally” recognised Guaido as constitutional interim president
LONDON (Reuters) – Britain has recognised Venezuelan opposition leader Juan Guaido as the country’s president, the English High Court ruled on Thursday, in a case over whether Guaido or should control $1 billion of its gold stored in London.
A four-day hearing last week had been the latest part of a tug-of-war over the gold reserves held in the Bank of England and centered on which of the two rival presidents Britain now views as Venezuela’s legitimate leader.
In early 2019, the British government joined dozens of nations in backing Guaido, head of Venezuela’s opposition-controlled congress, after he declared an interim presidency and denounced Maduro as an usurper who secured a fraudulent re-election.
