Answer:
The Blockade of Venezuelan coasts was a diplomatic incident between late 1902 and early 1903 in which the navies of the British Empire , the German Empire and the Kingdom of Italy crossed the coasts and ports of Venezuela demanding immediate payment of debts contracted by the government to the companies of its compatriots. The naval blockade had its end with the Washington Protocol which was signed in that city on February 13, 1903 since the United States was as mediator as it was a neutral party in the situation. In this Protocol it was agreed that Venezuela would pay its debts in installments with 30% of its customs revenue.