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Crisis With Venezuela Affects Guyanese Companies in Esequibo - teleSUR English

  • On May 31, 2025, Venezuela conducted a referendum seeking popular consent to incorporate the Essequibo area, a resource-abundant territory contested by Guyana.
  • The referendum followed rising tensions over Guyana’s sovereignty claims and new oil discoveries, with Venezuela rejecting ICJ jurisdiction on the dispute.
  • International observers, including CARICOM and the US, condemned the vote for lacking transparency and legitimacy amid Guyanese border insecurity and economic disruption.
  • The Venezuelan electoral council reported over 95% support for annexation, though many dismiss the results as a political maneuver by Maduro ahead of 2024 elections.
  • The situation raises risks of escalation despite unlikely war, underscoring the need for peaceful resolution and limiting Maduro’s political exploitation, according to analysts.
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Infobae broke the news in Buenos Aires, Argentina on Thursday, May 29, 2025.
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