Tensions escalate between Guyana and Venezuela, Brazil pledges military support

Amidst the rising tensions concerning the Essequibo area in Guyana, Brazil sent a high level delegation to Guyana and Suriname to pledge military support to Guyana in the event of a Venezuelan invasion.

While the visit was described as a meeting to discuss border security issues, reports have been circulating that Brazilian intelligence discovered evidence that Venezuela was considering military action against Guyana. Brazil currently has strained ties with the Maduro administration over its authoritarian governance.

Meanwhile, Brazil has been encouraging a strong Guyana/Suriname alliance on the issue, however, the relationship between the two CARICOM countries has been strained as Suriname has refused to take sides on the matter, with Guyana expressing dissatisfaction with their silence.

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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