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Following the decision by Venezuela to take excess rice from Suriname, further curtailing any hopes of Guyana reviving its oil for rice deal, President David Granger has made it clear that as Guyana was never wholly dependent on Venezuela, other markets would come.Speaking to media operatives recently,China Soccer Jerseys, the President affirmed that by his mandate,Wholesale China Jerseys Free Shpping, the Ministry of Foreign Affairs was engaged in the search for markets for Guyana’s products, including rice.“Venezuela only took about 35 percent of our rice,” Granger continued. “Guyana has never been wholly dependent on Venezuela’s market. So we continue to search.”The Head of State added that during his attendance to the United Nations sustainable development summit in September of 2015, the possibility of alternate rice markets was discussed with several Heads of Government.For over five years, farmers and millers have been supplying rice to Venezuela with the monies owed for oil discounted and held in a PetroCaribe account at the Bank of Guyana. Venezuela, however, has not signaled any intentions to renew the deal with Guyana when it expires at the end of November.That arrangement had seen Venezuela supplying oil on concessional terms to states around the region. The countries are required to pay a percentage of the monies owed on the oil upfront.“When I was at the United Nations (UN) in September I met some Heads of Government and I raised the possibility of rice sales to those countries. That is the task that I have given to the Ministry of Foreign Affairs,China NFL Jerseys,” Granger added, “To go and seek new markets for our products including rice.”“Venezuela has been trying to undermine Guyana’s position in the Caribbean community for the last 40 years,” he said. “They’ve been doing that since the Caribbean states started to gain their independence in the 1960s.”Venezuela and Guyana have been at odds over a revived claim by Venezuela of Essequibo and sections of the maritime areas under Guyana’s control following oil exploration success in the offshore Stabroek block.Already Guyana has eased taking oil under the PetroCaribe arrangements from Venezuela and is now receiving supplies from Trinidad and Tobago.Touching on the territorial claims, Granger said that Guyana would continue to take a “Principled stand and position on the territorial matter”, adding that inter regional co-operation would continue unabated.In light of several tours that the Venezuelan President has been making within the region to individual Caricom member states and the announcement by Venezuela of the purchase of 25 percent shares in Antigua and Barbuda’s West Indies Oil Company, Granger expressed expectations of continued support.“We expect them to be true to their word. They (Caricom) gave us their support at the last Heads of Government meeting in July and I expect that within Caricom that support will not fail,” he said,Wholesale Authentic Jerseys, while also noting that every country is expected to look after its national interest.“Apart from the territorial problem,Cheap Jerseys From China, we have had relatively cordial relations with Venezuela over the last 45-50 years.” Granger said. “We had commercial ties with Venezuela, with petroleum and rice and Venezuela has set up some institutions here, such as the Hugo Chavez centre and a sports centre.”“I cannot complain when other countries attempt to pursue their own national interests,” he said. “(But) in the end I do not expect that the pursuit of that national interest should be prejudicial to Guyana’s territorial integrity.”Last week Venezuelan President Nicolas Maduro held meetings with Suriname President Desi Bouterse during an official visit and considering that the rice silos (bulk storage facilities) in Nickerie, Suriname were full, Bouterse discussed the possibilities of Venezuela taking Suriname’s rice.Noting that Venezuela is a major rice market, questions were raised about Suriname’s capacity for supplying the total rice requirement of Caracas.President Bourtese had noted that those concerns were irrelevant and that as much rice as possible would be sold.Similar to Guyana’s case, Suriname would be hoping that Venezuela would pay for the rice under the PetroCaribe arrangements.Guyana has been actively seeking new markets but there are also concerns about the excess rice.Also, Kaieteur News understands that more than 800 containers of rice have been stuck at the congested wharves in Venezuela.Under this year’s agreement,Cheap China Jerseys, some 120,000 metric tonnes (Mt) of paddy along with 84,000 Mt of white rice have to be supplied to Venezuela. The deal was worth around US$113M.Reportedly, Suriname is agreeing to take half of what Guyana was getting for the rice and paddy shipments.
