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  • Audley Phillip | Real Trouble Is Brewing In Our Backyard – Guyana & Venezuela On The Edge

Audley Phillip | Real Trouble Is Brewing In Our Backyard – Guyana & Venezuela On The Edge

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On December third, the people of Venezuela will take part in a referendum  that could very well have a far reaching effect on the stability of Caricom and more importantly on the viability of one of our Caricom member states.

The Maduro Government of Venezuela is asking its citizens to vote “YES”  if they are in favour of Venezuela taking over the Essequibo region of Guyana and giving Venezuelan citizenship to the current residents in the Essequibo  region.  The referendum is all but certain to succeed.

Venezuela is maintaining its claim to some 70 percent of Guyanese land in the Essequibo region and more importantly,  Guyana’s offshore oil, gas and gold  reserves. Venezuela’s position is that a 1899 agreement which at that time had determined the boundaries between both countries,  is null and void.

Venezuela continues its overt thrust to Guyana’s territorial integrity and sovereignty and Caricom has been mostly silent, perhaps  because of its  existing sweetheart oil agreement with Venezuela.

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This issue is not going away anytime soon and it is clear that Venezuela is upping the ante in its quest to claim and take over that region. Caricom needs to urgently take a stand. Venezuela’s annexing and claiming the Essequibo region is not far fetched by the look of things. The referendum currently being undertaken by the Maduro regime is just the first step in this process.

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While Caricom sleeps and tries to pander to both sides, the annexation of Guyana’s Essequibo region is a very high probability and we might be witnessing another Crimea or Ukraine in the making. Guyana’s tiny defense force is no match in terms of manpower and equipment for Venezuela’s military.

It is a very serious situation that threatens to undermine the security and stability of the region and more is required from Caricom in order to prevent  what could be a catastrophic dilemma  right in our backyard.

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One response to “Audley Phillip | Real Trouble Is Brewing In Our Backyard – Guyana & Venezuela On The Edge”

  1. A very good piece there brother. However, Guyana needs not to worry too much. If one Venezuelan tank rolls across that border, America would take that opportunity to deal with President Maduro. He’s the worst case scenario of Hugo Chavez who had that similar intent. There’ll be no annexation of anything or any part of Guyana! He’s just a frustrated, evil, stressed out, confused guy who is seeking to take out his frustrations on the Guyanese people. He is treating his own people like dirt and, our Caribbean leaders aren’t saying anything and, as you rightly puts it… sweetheart oil agreement. IT WILL NOT WORK!!!

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Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

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The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

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The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
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  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
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Eastern Caribbean Partial Credit Guarantee Corporation

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Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

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