Friday, February 20, 2004

Bdos: Fishing rights, or rights to something else?

Hmmm.
Mottley explained that it was after extensive research by Barbados that a decision was taken to the postpone the Prime Minister’s trip to T&T after a key discovery was made.

“It has now come to our understanding that a memorandum of understanding was in fact signed between the governments of T&T and Venezuela on August 12, 2003. In addition, there are elements of that MOU that are of deep concern to us and we wrote, by diplomatic note, to T&T’s Ministry of Foreign Affairs through Barbados’ Ministry of Foreign Affairs seeking to request a number of pieces of information, most important of which relates to the fact that we have never seen the MOU, and while we are not party to the MOU, that our interests are affected by the MOU to the extent that the MOU speaks to a framework for concluding a unitisation agreement between T&T and Venezuela,” she revealed.

Mottley explained that a unitisation agreement is simply a pact between the two countries to be able to jointly explore the mineral reserves along the border line of the 1990 Trinidad and Tobago/Venezuela Treaty, making it easier for the two parties to be able to engage in commercial exploitation in order to ensure that one is better able to protect full optimal usage of the mineral reserves.

Which interests of Barbados are affected by the MOU? The marine life or the minerals?

Like my grandmother, God rest her soul, used to say, "is more in the mortar than the pestle."

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