Opinion

The argument that the Exxon contract violates Guyana’s sovereignty is wrong

Dear Editor,  While the PPP/C government admits that the Exxon 2016 contract, which was negotiated by the APNU+AFC administration, has several flaws, it insists that it cannot re-negotiate its terms and conditions as they value the “sanctity” of contracts; does not want to undermine inventors’ confidence; and are also mindful of the “stability” clause that requires both parties to agree before any re-negotiation can be activated.

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