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  HOME | Caribbean

Guyana’s President Attends Summit in Riyadh

SAN JUAN – President David Granger is leading a Guyanese delegation to the fourth Summit of South American-Arab Countries in Riyadh, Guyana’s government said.

“It is of national importance that Guyana, as an emerging oil-producing state, participate in this strategic summit,” the Guyanese government said in a statement.

Granger was accompanied to Riyadh by Foreign Minister Carl Greenidge.

Discussions were expected to center on oil and on trade and investment between the two regional blocks.

Held every three years, the summit brings together the 22 member- states of the Arab League and 12 South American nations.

On May 20, a subsidiary of U.S.-based ExxonMobil announced the discovery of a major oilfield in coastal waters of the contested Essequibo region.

A week later, Venezuelan President Nicolas Maduro issued a decree asserting his country’s sovereignty over the waters off the coast of Essequibo, a resource-rich area of 167,839 sq. kilometers (64,800 sq. miles) administered by Guyana but claimed by Caracas.

 

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