Sunday, July 7, 2013

CARICOM-Venezuela commission to be re-established; T&T, Venezuela to hold energy talks

Prime Minister Kamla Persad-Bissessar told reporters Saturday said representatives of the Trinidad and Tobago and Venezuelan Governments are scheduled to begin talks on July 23 on energy matters, especially on resolving the long outstanding issue of the Manatee Field. 

The LorĂ¡n/Manatee field is estimated to hold about 10 trillion cubic feet (tcf) of gas, with 70% of the reserves lying in Venezuelan waters and the rest in Trinidad's waters. 

The territorial dispute has so far prevented installation of extraction facilities on the site. 

Persad-Bissessar also said Venezuela is interested in helping to develop transportation within the region particularly with regards to a ferry service. Caribbean Airlines may also engage in route development to create a more efficient air transport service within the CARICOM region, sources told JYOTI.  

Venezuelan President Nicolas Madura, who attended Saturday's closing session of the CARICOM summit as a guest of the regional movement, told Caribbean leaders Caracas he would re-establish the defunct Caricom-Venezuela Commission to engage in trade and social and cultural matters.

Maduro made a half-hour presentation to the heads in which he stated that Venezuela is ready to work with Caricom leaders. President Donald Ramotar of Guyana told the media Maduro's offer includes assistance in dealing with the regional transportation issue.

“He is ready to work, and to put some resources into the transport issue, areas in culture, health, and in other areas,
” Ramotar said. He added that Guyana has a special interest in cooperation on security issues because the region is used as a trans shipment point for the North America narcotics trade. 

Ramotar said Maduro pledged that he would continue his predecessor's policies in the region, including the Petrocaribe, and the Bolivarian Alternative for the Peoples of our Americas (ALBA).

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Jai & Sero

Jai & Sero

Our family at home in Toronto 2008

Our family at home in Toronto 2008
Amit, Heather, Fuzz, Aj, Jiv, Shiva, Rampa, Sero, Jai