Venezuela delays presidential election

Bulgaria Maduro Arrives to Officially Register for Venezuela Presidential Run

In 2012, he created his own party, the Progressive Advance party, who he will be representing for the upcoming presidential elections in alliance with the Movement Towards Socialism (MAS) party and the Christian Democrats (COPEI).

Now, several United States agencies are reviewing the possibility of implementing these sanctions to remove Maduro from office.

Venezuela's President Nicolas Maduro gestures as he talks to the media during a news conference in Caracas, Venezuela, Feb. 15, 2018.

The US has said it would consider imposing further sanctions against the government if it went ahead with the presidential vote under what it called fraudulent conditions.

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"I call again the Venezuelan opposition to break its dependence ties with the United States' Charge d'Affaires of their embassy and its diplomatic characters", said Maduro.

Although once seen as a possible transition figure after almost two decades of socialist rule, Falcon, 56, has little chance of defeating Maduro.

Former governor and retired military officer Henri Falcon has stepped forward to be the single top politician to challenge the President in the elections.

But the agreement is unlikely to quell widespread criticism within opposition ranks and overseas that the elections will lack legitimacy.

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In his speech, Maduro urged opponents not to be "cowards" and stand against him, saying they were only boycotting the vote because they were scared of losing.

Supporters of President Nicolas Maduro gathered Tuesday in several locations across Caracas to accompany the incumbent as he registered as a candidate for the April 22 presidential elections.

U.S. Senator Marco Rubio, who has been pushing for a tougher stance on Venezuela, said, "There's a host of additional sanctions that could be imposed".

Critics have said that incompetent policies, such as dysfunctional currency and price controls, and rampant graft are behind the crisis. Such an election would contradict the country's constitution, it said.

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