Topic:
Country: Ghana
Delegate Name: Breck Suvedi
The Situation in Guyana
Ghana
Breck Suvedi
Forest Hills Northern
Guyana, located in Northern South America, has had lots of political turmoil. The story all starts 10 years ago when Guyana first struck found oil. many oil companies had been looking for oil in Guyana for years because it was adjacent to Venezuela, the country with the largest oil reserves in the world. because of this many, companies started looking for oil in Guyana. Around 10 years ago, they finally struck black gold and found oil. Ever since then they have been constantly drilling and building up more infrastructure to get as much of the oil out as quickly as possible. Since they are a democracy much of the money from the oil should go towards helping the people and making Guyana a better country. This has vividly shown that Guyana has been the world’s fastest-growing economy, growing at 60% a year. However, Venezuela sees this territory as its own and now is trying to annex around 2/3 of Guyana. Venezuela believes that this is their land and they even had a political referendum to annex Guyana that passed with unanimous support. Venezuela will do anything and its power to take Guyana over because of the newfound oil and the wealth that it could bring down Venezuela. However, this is Guyana land because it has been for a while and it should stay that way.
The Republic of Ghana recognizes the critical developments in Guyana, a nation with tremendous potential but also significant challenges. In terms of heritage and development, Ghana has specific bonds and interests that are similar to those of Guyana. Given this, measures of solidarity and mutual assistance necessary for tackling current hostilities towards Guyana are realized according to the Ghanaian principle. Concerning Guyana, efforts are being put in place to provide all the necessary infrastructure required to provide the country’s oil wealth to its proper use when Guyana obtains oil. Yet, the Republic of Ghana also knows that intense economic activities, unmitigated, can breed imbalances and waste of resources. Therefore, drawing from other countries’ learnings, Ghana calls for transparency in managing Guyana’s resources, as well as the formulation of fair laws that guarantee that the oil money benefits every citizen of Guyana. The rebuilding of societal institutions, the fight against corruption, and the comprehensive improvement in the social sphere are necessary measures for sustainability to be achieved.
Ghana also stresses the necessity of collective work in resource management at the international level. In this case, we support such steps as the adoption of the Extractive Industries Transparency Initiative (EITI) for the advancement of the principles of transparency and fairness in Guyanas’ resources. In the case of Guyana, it is unprovided for it is left out, thus, to such considerations is the vast rainforest of the country, which among other things is also of globally significant environmental importance owing to the rich biodiversity it hosts. There are difficult decisions to be made about how the national development will be executed while the environment also receives a fair portion of attention and can be preserved. Given that global warming is a prevalent problem worldwide, we also ask Guyana to continue with its progressive strategies, such as protecting its precious forests and following environmental conventions like the Paris Agreement.
Ghana wants to work with other countries to help build a solution that benefits Guyana without infringing On any nation’s sovereignty. Ghana recognizes that the situation is very critical and needs to be resolved quickly to avoid conflict. Intervention from the United Nations is the best way to achieve this goal without infringing on National sovereignty. Ghana hopes to see a resolution form that includes both Guyana and Venezuela’s ideas and a resolution that the UN decides fits.