Piracy off the coast of Venezuela to emerge in 2018. Pirates also make an income by smuggling goods from Trinidad and Tobago into Venezuela, where there is scarcity of numerous common products due to economic issues. With the two countries being two hours apart by water, Venezuelan pirates can receive high profits selling Trinidadian goods in their native country and then return to the island nation to sell discounted Venezuelan contraband. Venezuelans also fear government authorities who are just as desperate, calling law enforcement pirates as well. The violence in the area lead "Trinidad and Tobago Newsday" to name the waters the "Gulf of No Return".
Piracy off the coast of Venezuela Piracy off the coast of Venezuela Piracy off the coast of Venezuela increased during the crisis in Bolivarian Venezuela. The situation has been compared to piracy off the coast of Somalia, which was also caused by economic collapse. As Venezuelans grow more desperate, fears of increasing incidents and ranges of piracy have been reported. Venezuelan pirates often smuggle weapons, drugs and sex trafficking victims. Authorities have also been involved in piracy as well near the coast of Venezuela. At the end of the 20th century, Venezuela had a successful fishing industry where international business and trade occurred. Following the 1998