IBOV 174,014.45 ▼ 1.13% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,222,931 ▼ 2.08% COLCAP 2,267.96 ▼ 1.05% BVL PERÚ 57,112.22 — — USD/BRL5.10▲ 0.44% USD/MXN17.42▲ 0.21% USD/CLP927.20▲ 0.13% USD/COP3,232▼ 0.87% USD/PEN3.39▲ 0.15% USD/ARS1,475▼ 0.07% USD/UYU40.18▲ 1.21% USD/PYG6,030▲ 1.35% USD/BOB10.63▲ 3.73% USD/DOP58.14▼ 0.19% USD/CRC447.87▲ 1.07% USD/GTQ7.62▲ 2.25% USD/HNL26.73▲ 0.09% USD/NIO36.62▲ 0.34% USD/VES725.63▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.31% USD/TTD6.75▲ 1.34% EUR/BRL5.83▲ 0.47% BRENT 84.28 ▼ 0.79% WTI 78.43 ▼ 1.47% IRON ORE 161.91 — — COPPER 6.29 ▼ 0.10% GOLD 3,980 ▼ 1.59% SILVER 55.75 ▼ 2.39% SOY 1,194 ▼ 0.71% CORN 463.50 ▲ 3.58% WHEAT 674.25 ▼ 0.48% COFFEE 313.95 ▼ 6.13% SUGAR 14.41 ▼ 2.96% ORANGE JUICE 134.95 ▼ 2.81% COTTON 79.07 ▼ 1.85% COCOA 5,441 ▼ 5.16% BEEF 223.05 ▼ 3.07% CATTLE 346.88 ▼ 0.88% LITHIUM 68.81 ▼ 3.17% PETR4 40.11 ▼ 1.18% VALE3 72.71 ▼ 2.42% ITUB4 42.51 ▼ 1.46% BBDC4 18.36 ▼ 1.29% ABEV3 15.67 ▲ 0.64% BBAS3 20.71 ▲ 0.78% B3SA3 15.33 ▼ 2.29% WEGE3 43.21 ▼ 2.37% PRIO3 57.24 ▼ 0.45% SUZB3 41.79 ▲ 0.75% RENT3 38.77 ▼ 3.92% AZZA3 18.50 ▼ 0.86% CSAN3 3.88 ▼ 1.27% RAIZ4 0.30 ▲ 3.45% PCAR3 2.56 ▼ 2.29% GMAT3 3.92 ▼ 1.51% PSSA3 55.25 ▲ 0.05% CVCB3 1.33 ▼ 0.75% POSI3 3.88 ▼ 1.77% SLCE3 13.58 ▲ 0.59% NATU3 8.60 ▼ 0.81% BRKM5 6.10 ▼ 4.84% RANI3 8.04 ▲ 0.75% CSNA3 5.11 ▼ 2.48% CMIN3 5.46 ▲ 4.20% USIM5 7.93 ▼ 3.29% GGBR4 23.87 ▼ 1.36% ENEV3 25.97 ▼ 3.64% CPFE3 46.82 ▼ 0.02% CMIG4 11.03 ▼ 1.08% EQTL3 39.62 ▼ 1.76% LREN3 13.68 ▼ 2.98% VIVT3 35.54 ▲ 0.20% RAIL3 13.95 ▼ 0.85% KLABIN 17.45 ▲ 0.35% RAIA DROGASIL 18.44 ▼ 1.23% RDOR3 35.71 ▼ 0.83% HAPV3 10.94 ▼ 0.46% FLRY3 16.40 ▼ 0.67% SMTO3 15.66 ▲ 0.84% UGPA3 31.91 ▲ 2.60% VBBR3 34.29 ▲ 1.60% BBSE3 41.24 ▲ 1.30% BPAC11 56.36 ▼ 1.19% CURY3 31.42 ▼ 4.00% AERI3 2.03 ▲ 0.50% VIVARA 23.30 ▼ 0.94% COMPASS 24.79 ▼ 1.27% VAMOS 3.17 ▲ 1.60% SANB11 26.89 ▼ 0.41% ASAI3 8.48 ▼ 2.08% SBSP3 29.30 ▼ 2.27% WALMEX 49.52 ▼ 0.36% GMEXICO 200.10 ▼ 0.05% FEMSA 224.16 ▲ 0.40% CEMEX 22.70 ▲ 0.35% GFNORTE 180.06 ▼ 1.85% BIMBO 58.00 ▲ 0.83% TELEVISA 9.53 ▼ 0.31% AMX 22.82 ▲ 0.09% GAP 392.99 ▼ 1.03% ASUR 280.41 ▼ 1.08% OMA 232.43 ▼ 1.18% KOF 178.74 ▲ 1.01% GRUMA 286.50 ▲ 1.83% KIMBER 38.88 ▲ 0.57% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 76,175 ▼ 3.02% GGAL 7,815 ▼ 4.75% PAMPA 5,080 ▼ 3.05% TXAR 660.00 ▼ 1.64% ALUAR 942.00 ▼ 1.82% TGS 9,335 ▼ 4.26% CEPU 2,240 ▼ 4.44% MIRGOR 16,600 ▼ 2.21% COME 44.31 ▼ 2.89% LOMA NEGRA 3,563 ▼ 1.38% BYMA 299.00 ▼ 1.64% TELECOM ARG 4,143 ▼ 4.00% ECOPETROL 15.77 ▼ 1.35% BANCOLOMBIA 79.40 ▼ 2.64% GRUPO AVAL 4.99 ▼ 0.80% CREDICORP 390.13 ▼ 2.03% SOUTHERN COPPER 174.96 ▼ 3.62% BUENAVENTURA 30.25 ▼ 1.50% MERCADOLIBRE 1,857 ▲ 0.74% NUBANK 13.77 ▼ 0.79% XP 16.69 ▼ 1.07% PAGSEGURO 9.12 ▼ 0.98% STONE 11.17 ▼ 1.02% GLOBANT 32.56 ▲ 1.81% TECNOGLASS 46.98 ▲ 2.87% GAP AIRPORT 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▲ 0.13% USD/COP 3,232 ▼ 0.87% USD/PEN 3.38 ▲ 0.07% USD/ARS 1,475 ▼ 0.07% USD/UYU 40.18 ▲ 1.21% USD/PYG 6,030 ▲ 1.35% USD/BOB 10.63 ▲ 3.73% USD/DOP 58.14 ▼ 0.19% USD/CRC 447.87 ▲ 1.07% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 0.09% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.80% USD/TTD 6.75 ▲ 1.81% EUR/BRL 5.83 ▲ 0.46% BRENT 84.28 ▼ 0.79% WTI 78.43 ▼ 1.47% IRON ORE 161.91 — — COPPER 6.29 ▼ 0.10% GOLD 3,980 ▼ 1.59% SILVER 55.75 ▼ 2.39% SOY 1,194 ▼ 0.71% CORN 463.50 ▲ 3.58% WHEAT 674.25 ▼ 0.48% COFFEE 313.95 ▼ 6.13% SUGAR 14.41 ▼ 2.96% ORANGE JUICE 134.95 ▼ 2.81% COTTON 79.07 ▼ 1.85% COCOA 5,441 ▼ 5.16% BEEF 223.05 ▼ 3.07% CATTLE 346.88 ▼ 0.88% LITHIUM 68.81 ▼ 3.17% PETR4 40.11 ▼ 1.18% VALE3 72.71 ▼ 2.42% ITUB4 42.51 ▼ 1.46% BBDC4 18.36 ▼ 1.29% ABEV3 15.67 ▲ 0.64% BBAS3 20.71 ▲ 0.78% B3SA3 15.33 ▼ 2.29% WEGE3 43.21 ▼ 2.37% PRIO3 57.24 ▼ 0.45% SUZB3 41.79 ▲ 0.75% RENT3 38.77 ▼ 3.92% AZZA3 18.50 ▼ 0.86% CSAN3 3.88 ▼ 1.27% RAIZ4 0.30 ▲ 3.45% PCAR3 2.56 ▼ 2.29% GMAT3 3.92 ▼ 1.51% PSSA3 55.25 ▲ 0.05% CVCB3 1.33 ▼ 0.75% POSI3 3.88 ▼ 1.77% SLCE3 13.58 ▲ 0.59% NATU3 8.60 ▼ 0.81% BRKM5 6.10 ▼ 4.84% RANI3 8.04 ▲ 0.75% CSNA3 5.11 ▼ 2.48% CMIN3 5.46 ▲ 4.20% USIM5 7.93 ▼ 3.29% GGBR4 23.87 ▼ 1.36% ENEV3 25.97 ▼ 3.64% CPFE3 46.82 ▼ 0.02% CMIG4 11.03 ▼ 1.08% EQTL3 39.62 ▼ 1.76% LREN3 13.68 ▼ 2.98% VIVT3 35.54 ▲ 0.20% RAIL3 13.95 ▼ 0.85% KLABIN 17.45 ▲ 0.35% RAIA DROGASIL 18.44 ▼ 1.23% RDOR3 35.71 ▼ 0.83% HAPV3 10.94 ▼ 0.46% FLRY3 16.40 ▼ 0.67% SMTO3 15.66 ▲ 0.84% UGPA3 31.91 ▲ 2.60% VBBR3 34.29 ▲ 1.60% BBSE3 41.24 ▲ 1.30% BPAC11 56.36 ▼ 1.19% CURY3 31.42 ▼ 4.00% AERI3 2.03 ▲ 0.50% VIVARA 23.30 ▼ 0.94% COMPASS 24.79 ▼ 1.27% VAMOS 3.17 ▲ 1.60% SANB11 26.89 ▼ 0.41% ASAI3 8.48 ▼ 2.08% SBSP3 29.30 ▼ 2.27% WALMEX 49.52 ▼ 0.36% GMEXICO 200.10 ▼ 0.05% FEMSA 224.16 ▲ 0.40% CEMEX 22.70 ▲ 0.35% GFNORTE 180.06 ▼ 1.85% BIMBO 58.00 ▲ 0.83% TELEVISA 9.53 ▼ 0.31% AMX 22.82 ▲ 0.09% GAP 392.99 ▼ 1.03% ASUR 280.41 ▼ 1.08% OMA 232.43 ▼ 1.18% KOF 178.74 ▲ 1.01% GRUMA 286.50 ▲ 1.83% KIMBER 38.88 ▲ 0.57% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 76,175 ▼ 3.02% GGAL 7,815 ▼ 4.75% PAMPA 5,080 ▼ 3.05% TXAR 660.00 ▼ 1.64% ALUAR 942.00 ▼ 1.82% TGS 9,335 ▼ 4.26% CEPU 2,240 ▼ 4.44% MIRGOR 16,600 ▼ 2.21% COME 44.31 ▼ 2.89% LOMA NEGRA 3,563 ▼ 1.38% BYMA 299.00 ▼ 1.64% TELECOM ARG 4,143 ▼ 4.00% ECOPETROL 15.77 ▼ 1.35% BANCOLOMBIA 79.40 ▼ 2.64% GRUPO AVAL 4.99 ▼ 0.80% CREDICORP 390.13 ▼ 2.03% SOUTHERN COPPER 174.96 ▼ 3.62% BUENAVENTURA 30.25 ▼ 1.50% MERCADOLIBRE 1,857 ▲ 0.74% NUBANK 13.77 ▼ 0.79% XP 16.69 ▼ 1.07% PAGSEGURO 9.12 ▼ 0.98% STONE 11.17 ▼ 1.02% GLOBANT 32.56 ▲ 1.81% TECNOGLASS 46.98 ▲ 2.87% GAP AIRPORT 225.05 ▼ 1.21% ASUR 280.41 ▼ 1.08% OMA AIRPORT 106.82 ▼ 1.01% AMX ADR 26.12 ▲ 0.04% FEMSA ADR 128.98 ▲ 0.16% CEMEX ADR 13.06 ▼ 0.11% PETROBRAS ADR 17.49 ▼ 2.07% VALE 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Thursday, July 16, 2026

Venezuela The Guyanas

Dispute Deepens as Maduro Signs Guyana Annexation Decrees

By · December 8, 2023 · 2 min read

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During a Friday event, Venezuelan President Nicolás Maduro signed decrees to advance his plan to annex part of Guyana, addressing a crowd of supporters and military personnel.

The decrees aim to formalize statements made on Tuesday.

These decrees include several key actions. Firstly, they establish a new state called Guiana Esequiba.

Secondly, they introduce a revised map of Venezuela, now including the disputed area.

Additionally, the decrees open a new division of the state oil company PDVSA to operate in this region.

They also allow for mining licenses and create a Comprehensive Defense Zone in the new area.

Dispute Deepens as Maduro Signs Guyana Annexation Decrees. (Photo Internet reproduction)
Dispute Deepens as Maduro Signs Guyana Annexation Decrees. (Photo Internet reproduction)
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Moreover, Maduro has formed a high commission tasked with defending and reclaiming Guiana Esequiba.

He has instructed this commission to develop a long-term strategy, targeting completion by 2030 or later.

This strategy directly relates to the annexation plans. Maduro appointed Delci Rodriguez to lead this commission.

The background of this issue stretches over a century. Venezuela and Guyana have long disputed the Esequibo territory, a region rich in oil and minerals.

Currently, Guyana administers this 160,000 km² area, about the size of Florida or Tunisia.

The conflict intensified after ExxonMobil discovered significant oil reserves there. Guyana’s decision to allow foreign companies to explore these reserves further heightened tensions.

Venezuela asserts that the Esequibo River is the rightful border, referencing its colonial history under Spain in 1777.

They refer to the 1966 Geneva Agreement, which was signed before Guyana’s independence from the UK.

This agreement aimed for a negotiated resolution and nullified an 1899 ruling that set current boundaries.

Guyana, however, upholds the 1899 ruling and seeks its validation by the International Court of Justice.

Background

Venezuela’s annexation efforts mix historical claims with modern geopolitical interests.

Maduro reignited a century-old dispute, showing how colonial-era boundaries still affect today’s international relations.

The region’s rich resources, like oil and minerals, increase its importance.

The world’s reaction is key.

Such disputes often get global attention and action. The UN and International Court of Justice might play a major role in finding a peaceful solution.

Venezuela’s move is similar to other territorial disputes, for example in the South China Sea.

Both involve resources and strategic locations. Yet, the Venezuela-Guyana issue is mostly bilateral, simplifying negotiations.

The 1966 Geneva Agreement and the 1899 ruling are important in this conflict. They show how hard it is to match past deals with current laws and norms.

This situation highlights the need for new legal frameworks for old colonial issues.

Maduro’s creation of a new state and map change is a strong move. But, it could further isolate Venezuela, which already faces political and economic troubles.

Guyana’s position, backed by legal rulings, supports the rule of law against unilateral acts.

In summary, the Venezuela-Guyana dispute shows the complexity of boundary conflicts. It involves historical problems, resource rivalry, and geopolitical factors.

Resolving it will need careful talks, balancing history with modern international legal standards.

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