Page "Foreign relations of Guyana" Paragraph 3
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Since the 19th century, Venezuela has claimed all of Guyana west of the Essequibo River — 62 % of Guyana's territory.
At a meeting in Geneva in 1966, the two countries agreed to receive recommendations from a representative of the UN Secretary General on ways to settle the dispute peacefully.
Neighbouring Suriname also claims the territory east of Guyana's New River, a largely uninhabited area of some in southeast Guyana.
This dispute flared up in June 2000 in response to an effort by a Canadian company to drill for oil under a Guyanese concession.
However, the dispute with Suriname was arbitrated by the United Nations Convention on Law of the Sea and a ruling in favor of Guyana was announced in September, 2007.
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