{"id":120698,"date":"2020-12-05T08:33:20","date_gmt":"2020-12-05T12:33:20","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=120698"},"modified":"2020-12-05T08:33:20","modified_gmt":"2020-12-05T12:33:20","slug":"guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/","title":{"rendered":"Guyana and Suriname can underpin CARICOM\u2019s sovereignty and prosperity\u00a0\u00a0"},"content":{"rendered":"
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By Sir Ronald Sanders\u00a0<\/strong><\/p>\n

(The writer is Antigua and Barbuda\u2019s Ambassador to the United States and the Organization of American States.\u00a0\u00a0\u00a0He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto.\u00a0\u00a0The views expressed are entirely his own)\u00a0<\/em><\/p>

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The presidents of Guyana and Suriname have announced two major joint venture projects whose implementation will deepen the beneficial relations between the two countries, and could have a positive effect for the 15-nation Caribbean Community (CARICOM) of which they are members.<\/p>\n

The projects are a bridge across the Corentyne river to link the two countries, and the construction of a US$1 billion offshore base to support huge oil discoveries in the Guyana-Suriname basin of more than 10 billion barrels of oil.<\/p>

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Relations between the two countries have not always been harmonious.\u00a0\u00a0Land and sea territorial disputes have caused military skirmishes and tension in the past.\u00a0\u00a0Fortunately, successive governments of both territories were sufficiently restrained to stop short of a full-scale war \u2013 a marked difference with the other countries on the South American continent.<\/p>\n

Peaceful resolution of disputes through negotiation and international arbitration, and active fostering of economic integration, have always been the best way forward for Guyana (formerly British Guiana) and Suriname (formerly Dutch Guiana).\u00a0\u00a0Along with French Guiana, they make up what used to be known as \u2018The Three Guianas\u2019, lying next to each other on the north-eastern coast of South America.<\/p>

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In the foreword to the book, \u201cPost-Colonial Trajectories in the Caribbean: The Three Guianas\u201d, published by Routledge in 2017, I wrote: \u201cGuyana and Suriname are more similar to each other than they are to any of the member countries of CARICOM, except Trinidad and Tobago. Given the similarity of their resources which includes mining, agriculture, fisheries and oil, they would benefit enormously from the economic integration of their production, freedom of movement of goods and services, joint bargaining with foreign investors and the international community generally\u201d.<\/p>

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I added: \u201cIf the governments of Guyana and Suriname \u2013 together with the private sectors of both countries \u2013 were to work diligently toward economic integration, the two countries could easily become a joint economic powerhouse, exporting their products globally\u201d.\u00a0\u00a0\u00a0\u00a0In this connection, it is noteworthy that the Surinamese President, Chandrikapersad Santokhi, said that the US$1 billion offshore base \u201cwill extend also to the private sector so that we can have a public-private partnership approach\u201d.<\/p>\n

In pursuing joint venture projects that will strengthen their economic integration, the governments have sensibly not ignored their one remaining territorial dispute. Having settled their maritime boundary dispute in September 2007 under an arbitration by the United Nations Tribunal on the Law of the Sea, the governments have agreed that their joint Border Commission will continue to examine ways of resolving the land border dispute over an area known as \u2018the New River Triangle\u2019.<\/p>\n

Guyana\u2019s President Irfaan Ali, in noting that the \u201cfuture of (the two) economies is intertwined\u201d, also stated that \u201cGuyana and Suriname are also part of the Caribbean Community\u201d.\u00a0\u00a0\u00a0He did not have to do so.\u00a0\u00a0His deliberate inclusion of this remark to the Suriname Parliament, is an indication of the importance his government places on CARICOM.\u00a0\u00a0Even more indicative of Guyana\u2019s commitment to CARICOM is President Ali\u2019s further remark that \u201cboth states (should) take the lead in demonstrating the efficacy of regional integration\u201d.\u00a0\u00a0\u201cTogether\u201d, he said, \u201cwe can meet and fulfil a great portion of the food needs within the Caribbean community\u201d.<\/p>\n

President Ali is right, provided that the long-standing problem of sea and air transportation can be resolved to carry food between Suriname-Guyana and other countries in CARICOM.\u00a0\u00a0The regional group\u2019s bill for the importation of food is now US$5 billion a year.\u00a0\u00a0It would be highly beneficial to the region\u2019s food security and its retention of foreign exchange, if its member states could collectively devise at least a break-even financial operation for a shipping line.\u00a0\u00a0It is a project which Guyana and Suriname, in collaboration with Trinidad and Tobago, might consider underwriting through a portion of their oil and gas income.<\/p>\n

Guyana and Suriname are expected to receive significant revenues in the coming years.\u00a0\u00a0Neither country has the absorptive capacity to utilize all the expected annual income, however free spending they might be in building physical infrastructure, increasing the wages of their workforce, and improving health and education.\u00a0\u00a0They should be able to dedicate a portion of their revenues to invest in CARICOM projects and member states in ways that would strengthen the region, breaking its dependence on external powers and enhancing its integration.<\/p>\n

None of this would be a give-away; it could be targeted investment in projects that provide financial returns for all the parties concerned, while accelerating development in CARICOM.\u00a0\u00a0\u00a0In addition to food and related transportation, Suriname, Guyana and Trinidad and Tobago could consider, in consultation with other CARICOM states, how they could profitably underpin energy security for the region.\u00a0\u00a0\u00a0That profit would be measured not only in financial terms, but also in the benefits of ending reliance on external countries and strengthening the sovereignty of the region in its decision-making.<\/p>\n

Security of regional transportation, food and energy would be three important, immediate areas for Guyana and Suriname to \u201ctake the lead in demonstrating the efficacy of regional integration\u201d to which President Ali referred.<\/p>\n

The \u201cdedicated pathway to deepen economic and social cooperation\u201d between Guyana and Suriname should be applauded by all.\u00a0\u00a0Even as they pursue this path, from which both countries and their peoples will undoubtedly benefit, they should take the steps to examine how such cooperation can be extended to CARICOM.<\/p>\n

The neighbourhood in which the people of Guyana and Suriname live would be more secure, and in that regard, so would they.<\/p>\n

Responses and previous commentaries:\u00a0www.sirronaldsanders.com<\/a>\u00a0<\/em><\/p>\n

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  By Sir Ronald Sanders\u00a0 (The writer is Antigua and Barbuda\u2019s Ambassador to the United States and the Organization of American States.\u00a0\u00a0\u00a0He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto.\u00a0\u00a0The views expressed are entirely his own)\u00a0   The presidents […]<\/p>\n","protected":false},"author":3,"featured_media":120330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[118,119,117,116,107,88,102,94,96,91,90,99,92,114,115,98,108,106,104,109,95,105,110,112,113,111,101,103,97],"class_list":["post-120698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-268-antigua","tag-268-antigua-barbuda","tag-268-antigua-today","tag-268-today","tag-advertise-in-antigua","tag-antigua","tag-antigua-barbuda","tag-antigua-and-barbuda","tag-antigua-breaking-news","tag-antigua-caribbean","tag-antigua-crime","tag-antigua-economy-news","tag-antigua-news","tag-antigua-news-rooom","tag-antigua-observer","tag-antigua-politics","tag-antiguan-news","tag-barbuda","tag-barbuda-news","tag-barbudan-news","tag-breaking-news-antigua","tag-news","tag-news-antigua","tag-news-antigua-barbuda","tag-news-antigua-and-barbuda","tag-news-barbuda","tag-news-in-antigua","tag-news-in-barbuda","tag-tourism-news"],"yoast_head":"\nGuyana and Suriname can underpin CARICOM\u2019s sovereignty and prosperity\u00a0\u00a0 - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Guyana and Suriname can underpin CARICOM\u2019s sovereignty and prosperity\u00a0\u00a0\" \/>\n<meta property=\"og:description\" content=\"  By Sir Ronald Sanders\u00a0 (The writer is Antigua and Barbuda\u2019s Ambassador to the United States and the Organization of American States.\u00a0\u00a0\u00a0He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto.\u00a0\u00a0The views expressed are entirely his own)\u00a0   The presidents […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-05T12:33:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/11\/Sir-Ronald-Sanders-696x464-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"Guyana and Suriname can underpin CARICOM\u2019s sovereignty and prosperity\u00a0\u00a0\",\"datePublished\":\"2020-12-05T12:33:20+00:00\",\"dateModified\":\"2020-12-05T12:33:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/\"},\"wordCount\":981,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:696\/h:464\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2020\/11\/Sir-Ronald-Sanders-696x464-1.jpg\",\"keywords\":[\"268 Antigua\",\"268 Antigua & Barbuda\",\"268 Antigua Today\",\"268 Today\",\"Advertise in Antigua\",\"Antigua\",\"Antigua & Barbuda\",\"Antigua and Barbuda\",\"Antigua Breaking News\",\"Antigua Caribbean\",\"Antigua Crime\",\"Antigua Economy News\",\"Antigua News\",\"Antigua News Rooom\",\"Antigua Observer\",\"Antigua Politics\",\"Antiguan News\",\"Barbuda\",\"Barbuda News\",\"Barbudan News\",\"Breaking News Antigua\",\"News\",\"News Antigua\",\"News Antigua & Barbuda\",\"News Antigua and Barbuda\",\"News Barbuda\",\"News in Antigua\",\"News in Barbuda\",\"Tourism News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/\",\"url\":\"https:\/\/antiguanewsroom.com\/guyana-and-suriname-can-underpin-caricoms-sovereignty-and-prosperity\/\",\"name\":\"Guyana and Suriname can underpin CARICOM\u2019s sovereignty and prosperity\u00a0\u00a0 - 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