Relationship dossier
Jamaica
Venezuela
Relationship assessment
Petrocaribe oil and financing formed the central pillar of Jamaica–Venezuela cooperation.
Jamaica toward Venezuela
+20Jamaica participated in Venezuela's Petrocaribe oil and financing arrangement and later negotiated a discounted buyback of its Petrocaribe debt, reflecting concrete economic engagement with Venezuela.
Venezuela toward Jamaica
+30Venezuela supplied Jamaica with oil through Petrocaribe on concessional financing terms and accepted a discounted buyback of Jamaica's Petrocaribe debt.
Overall relationship
+25The enduring relationship was shaped chiefly by Petrocaribe, which combined Venezuelan oil supplies and concessional financing with Jamaica's participation as a recipient. Jamaica's later debt buyback was a significant bilateral financial arrangement. This supports a cooperative but economically concentrated relationship; the wider and more recent bilateral structure is less clear.
How to read these scores
Scores are rough judgments, not objective measurements or current verification. Directional scores describe government policy and conduct, not public opinion. The overall score is an independent estimate, never an average.
- −100
- Extreme sustained hostility
- −50
- Substantially adversarial
- 0
- Mixed or neutral, supported by knowledge
- +50
- Substantially cooperative
- +100
- Exceptionally close sustained partnership
“Not assessed” means there is no recorded score. Pair existence makes no claim about diplomatic recognition or established relations.
Relationship context
Overview
Jamaica and Venezuela developed substantive cooperation through Petrocaribe, under which Venezuela supplied oil to Jamaica on concessional financing terms. Jamaica later arranged a discounted buyback of its Petrocaribe debt. These arrangements created a meaningful but concentrated economic partnership; the scope of other government cooperation and the relationship's later evolution are less clear.
Key developments
Jamaica participated in Petrocaribe, receiving Venezuelan oil on concessional financing terms.
Jamaica arranged a discounted buyback of its Petrocaribe debt.
Major uncertainties
- The extent of bilateral cooperation beyond Petrocaribe is unclear.
- The later scope and implementation of bilateral cooperation are unclear.