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$660 million dollar approved for Guyana/Venezuela Border case

A sum of $660 million dollar has been allocated in Budget 2022 to cover the cost of legal fees for the Guyana/Venezuela border case.

This was revealed by Minister of Foreign Affairs Hugh Todd while responding to questions from Opposition Member of Parliament and Shadow Minister of Home Affairs Amanza Walton -Desir.

The Foreign Affairs Minister did not provide any further breakdown on how exactly this sum will be spent .However, the money was approved by the Committee of Supply.

Guyana in 2018 moved to the International Court of Justice(ICJ) with the case challenging Venezuela over the disagreement of the border.

Four years later, Guyana on March 8 of this year will submit its memorial on the border controversy.

Guyana is seeking that the final judgement rules that the 1899 Arbitral award which establishes the boundary between the two countries remains valid and binding and rules that Essequibo belongs to Guyana and not Venezuela.

Venezuela thus far maintains that the Essequibo county belongs to the Spanish speaking nation and that the 1899 agreement is not valid.


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