A long-standing land boundary dispute between Venezuela and Guyana has resurfaced, with Venezuelan President Nicolás Maduro claiming ownership of disputed territory. This dispute, dating back to the 1840s, involves access to significant oil and mineral resources. Despite international arbitrators establishing the present borders in 1899, Venezuela is determined to take back what they believe is rightfully theirs.
What exactly is going on with Venezuela n President Nicolás Maduro? Is he really preparing to invade his petroleum-rich neighbour Guyana ? As is often the case in Latin America, this is a long-standing land boundary dispute that goes back to the 1840s. In fact, three-quarters of the land claimed by English-speaking Guyana (which offers access to as much as 20 billion barrels of oil and projected mineral wealth) has, since Spanish colonial rule, been viewed by Caracas as Venezuela n territory.
So after an early December non-binding referendum, the Venezuelan government claimed that roughly 98 per cent of voters – though that figure is much higher than independent exit polls – supported the incorporation of the disputed territory. Even if the numbers did not exactly add up, there is a general consensus in Venezuela in taking back ownership of what they believe is rightfully theirs. International arbitrators (including those from Britain, the U.S. and Russia), however, established the present borders in 1899 (when it was a British colony
Venezuela President Maduro Guyana Land Dispute Oil Mineral Resources
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