As Venezuela marks the five year anniversary of the death of Hugo Chavez, his successor is vying for another six years in office.

On Friday, President Nicolas Maduro signed a pact with opposition candidates to respect the results of the presidential election now scheduled for May. Since the fall of crude oil prices in 2013, Venezuela has been in an economic free-fall.

CGTN’s Juan Carlos Lamas discusses Hugo Chavez and his legacy.
Follow Juan Carlos Rivas Lamas on Twitter @JuanRivasLamas

Tonight’s panel takes a look at the economic crisis, mass migration and the international response in just a moment:

• Dany Bahar is a Venezuelan economist and a fellow in the Global Economy and Development Program at the Brookings Institution.
• Eric Farnsworth is the vice president of the America’s Society and the Council of the Americas.
• Eduardo Gamarra is a professor of Political Science at Florida International University.
• Mark Weisbrot is the co-director of the Center for Economic and Policy Research.

For more:

On this day we remember the 5 year anniversary of the death of Hugo Chavez and recognize his neverending struggle against imperialism. His legacy and the anti-imperialist struggle, continue. pic.twitter.com/mKvvOSmktD

— teleSUR English (@telesurenglish) March 5, 2018

#Venezuela postpones presidential election to May 20 https://t.co/dKg7ehhgZ9 pic.twitter.com/VE2bZhzcPn

— Reuters Venezuela (@ReutersVzla) March 3, 2018