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Montevideo, April 23rd 2024 - 09:16 UTC

Tag: Wiston Jordan Guyana

  • Monday, July 13th 2015 - 09:21 UTC

    Venezuela will stop buying Guyana rice amid escalating border dispute

    Finance minister Jordan said Venezuelan officials informed him that they will be acquiring rice from other suppliers, including Suriname, by the end of the year.

    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.