"The economic war has won, for now, circumstantially," Maduro said, predicting that the opposition would try to dismantle the gains of the Bolivarian revolution.
Mair, however, insisted that the president was spouting "nonsense", arguing that the policies were unworkable.
"It was always felt that they would win, but for them to win the two-thirds, for them to really be an opposition that could hold a government accountable, I think that was a nice surprise," Mair said.
With two-thirds of the seats in the assembly, the opposition has significant powers that can impact on international treaties and agreements such as the PetroCaribe agreement.
"I would urge our Government to watch closely what is happening there, because my concern is that PetroCaribe would be threatened. I know the opposition has had a problem with PetroCaribe because they feel that the government of Venezuela is giving away income," Mair said.