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https://sputniknews.com/latam/202101081081700589-maduro-signs-decree-on-venezuelas-new-maritime-territory-that-includes-disputed-essequibo/
MEXICO CITY (Sputnik) – Venezuelan President Nicolas Maduro on Thursday signed a decree on the creation of a brand new maritime territory on the Atlantic coast of the nation, the place vital deposits of hydrocarbons are positioned, that features the Essequibo area, which is disputed with neighboring Guyana.
“I signed a decree on the creation of the Venezuelan Atlantic facade territory. It’s authorised, please proceed with implementation. For Venezuela and Essequibo!” Maduro mentioned throughout a gathering with the State Council and the Nationwide Protection Council.
In December, Caracas condemned the choice of the Worldwide Court docket of Justice (ICJ), which acknowledged its proper to resolve the Essequibo dispute. Maduro’s Thursday assembly with state councils was targeted on attainable response measures.
The territorial dispute between Venezuela and Guyana dates again to the nineteenth century. In 1966, each international locations signed the Geneva Settlement in search of a peaceable resolution to the dispute, however in 2018 Guyana filed a lawsuit with the ICJ, during which it asks the court docket to legally uphold the 1899 arbitral determination, which provides the nation absolute management over the territory.