Q. The Essequibo region, that was recently making news, is a subject of dispute between which two countries?
Answer:
Venezuela and Guyana
Notes: The Essequibo region is a 159,500 KM² area west of the Essequibo River. The region is disputed by Guyana and Venezuela, and is also known as Esequibo or Guayana Esequiba in Spanish. The territory is controlled by Guyana based on the 1899 Paris Arbitral Award, but is also claimed by Venezuela. Venezuela has long maintained that the 1899 decision to award the region to the UK was unfair. The matter is currently before the International Court of Justice, although Venezuela says the court does not have authority to rule on it. In December 2023, Guyana and Venezuela agreed not to use force to settle their dispute over the oil-rich region. The meeting was brokered by neighboring Brazil, along with CELAC and CARICOM, intergovernmental organizations representing Latin America and the Caribbean nations.