As the so-called "Three Amigos" summit wraps up in Mexico U.S. President Barack Obama had tough talk for the Venezuelan government and says that the U.S. and Russia are not reviving a "Cold War " chess game over Ukraine and Syria.

In his closing remarks he sharply criticized the Venezuelan government for arresting protesters.

(SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA, SAYING:

"In Venezuela rather than trying to distract from its own failings making up false accusations fro diplomat from the United States, the government ought to focus on the legitimate grievances of the Venezuelan people. "

He said a proposed truce in Ukraine could offer an opportunity.

(SOUNDBITE) (English) U.S. PRESIDENT BARACK OBAMA, SAYING:

"We have obviously seen reports of a truce between the government and the opposition. If the truce is implemented it could provide space for the sides to resolve their differences peacefully."

He also said that disagreements betw