Maduro Signs Decree on Venezuela’s New Maritime Territory
Story Code : 908887
"I signed a decree on the creation of the Venezuelan Atlantic facade territory. It is approved, please proceed with implementation. For Venezuela and Essequibo!" Maduro said during a meeting with the State Council and the National Defense Council.
In December, Caracas condemned the decision of the International Court of Justice [ICJ], which recognized its right to resolve the Essequibo dispute. Maduro’s Thursday meeting with state councils was focused on possible response measures.
The territorial dispute between Venezuela and Guyana dates back to the 19th century. In 1966, both countries signed the Geneva Agreement seeking a peaceful solution to the dispute, but in 2018 Guyana filed a lawsuit with the ICJ, in which it asks the court to legally uphold the 1899 arbitral decision, which gives the country absolute control over the territory.