00:00And during the hearings before the International Code of Justice regarding the territorial dispute between Venezuela and Guyana over the
00:08Guayana Ezequiva,
00:09the agent of the Venezuelan delegation, Samuel Moncada, defended his country's historical position
00:15and rejected the arguments that the implementation of the 1966 Geneva Agreement poses a threat with the party, describing them
00:22as propaganda.
00:30It is impossible for the Geneva Agreement, in its implementation, to pose an existential threat to one of the parties.
00:40To claim otherwise is an act of propaganda that has at times been publicly denounced.
00:49In fact, Venezuela's good faith and good neighborly relations are demonstrated in the joint development proposal that were highly beneficial
00:57to Guyana in 2009.
01:01For example, Venezuela and Guyana entered into an energy agreement to exchange rights for oil, which was renewed until 2015,
01:11under which Venezuela supplied oil to Guyana at a price above market value and sold it oil at a price
01:18below market value.
01:20The technician from the Inter-American Development Bank determined that for Guyana, the cost of its oil import has decreased
01:28and the amount of its public debt had fallen considerably,
01:33thanks to the generous long-term financing terms provided in the Petro-Caribe Agreement.
01:40Venezuela has never been an obstacle to the development of Guyana, as was stated in this chamber.
01:46On the contrary, Guyana benefited from Venezuela's solidarity policies, which were also offered to other countries in the Latino Caribbean
01:56region.
01:57One cannot accuse Venezuela of not being a good neighbor.
02:01No se puede acusar a Venezuela de no ser un buen vecino.
02:06H
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