Venezuela’s vice-president Jorge Arreaza recently heard directly from CARICOM chairman, Barbados’ Prime Minister Freundel Stuart, that the regional grouping is backing Guyana in the territorial dispute between the two South American neighbors. Stuart met last Friday with Arreaza who was visiting the island as part of a regional tour to discuss Venezuela’s territorial and maritime claims in the region.
An ExxonMobil rig that re-ignited a maritime boundary dispute between Guyana and Venezuela has now left the area, a Guyanese official said on Monday, but denying it was because of Venezuelan pressure.
Venezuela's president Nicolas Maduro said he asked U.N. Secretary-General Ban Ki-moon for U.N. mediation in his country's century-old border dispute with neighboring Guyana. The controversy was discussed by Maduro and Ban at a meeting Tuesday morning in New York.
Guyana's territorial dispute with neighboring Venezuela represents a threat to its very survival, President David Granger warned Friday in Washington. After a recent offshore oil find, the row between the two countries has escalated, with Venezuela laying claim to a huge swathe of Guyana's territory.
The Exxon Mobil oil find in Guyana, which has triggered a strong reaction from neighboring Venezuela could be worth 12 times more than that nation’s GDP. In effect according to a Guyanese minister, the find at Liza-1well in offshore Guyana could be worth about $40 billion at current international crude prices.
Guyanese President David Granger and Foreign Minister Carl Greenidge plan to attend the biannual Mercosur summit in Brasilia later this next, a Foreign Ministry spokesman confirmed to the Spanish news agency EFE.
Guyana is no longer interested in the UN Good Offices Process as a means to settle its century-old border dispute with Venezuela, Foreign Minister Carl Greenidge said on Monday in a news briefing live-streamed online.
Venezuela has decided to stop buying much of Guyana's rice crop amid an escalating border dispute between the two neighboring countries, the Guyanese finance minister said. The administration of president Nicolas Maduro has in the past four years purchased about 40% of Guyana's rice production, about 200,000 tons, paying for it with oil that amounts to about half of Guyana's daily supply needs.
The chairman of a 15-member Caribbean trade bloc said over the weekend that he backs Guyana's government amid an escalating border dispute with neighboring Venezuela. Freundel Stuart spoke at a press conference as Caricom leaders ended a three-day summit in Barbados.
The 53 member states of the Commonwealth have pledged to support Guyana in the ongoing maritime border dispute with Venezuela. Commonwealth Secretary General Kamalesh Sharma, sought to assure the government of the groupings commitment on his arrival to Jamaica.