Guyana–Venezuela relations
{'<entity_0>': 'Venezuela', '<entity_1>': 'Guyana', '<entity_2>': 'Guyana–Venezuela relations', '<entity_3>': '1966'}
[['Guyana–Venezuela relations', 'inception', '1966'], ['Guyana–Venezuela relations', 'country', 'Venezuela'], ['Guyana–Venezuela relations', 'country', 'Guyana']]
<entity_2> include diplomatic, economic and other interactions between the neighboring countries of the <entity_1> and the <entity_0>. <entity_0> claimed more than half of the territory of the British colony of <entity_1> at the time of the Latin American wars of independence. <entity_1> argues that the boundary between the nations was clarified in the Arbitral Award of 1899 signed by <entity_1>, whereas <entity_0> called the award an “Anglo-Russian conspiracy.” In 1962 <entity_0> declared that it would no longer abide by the arbitration decision, which ceded mineral-rich territory in the Orinoco basin to <entity_1>. A border commission was set up in <entity_3> with representatives from <entity_1>, <entity_0> and the United Kingdom, but failed to reach agreement. <entity_0> vetoed <entity_1>'s bid to become a member of the Organization of American States (OAS) in 1967. However, with changes to the governments of both countries, relations improved, to the extent that <entity_0> sponsored <entity_1>'s 1990 bid for OAS membership. In 2013 the Venezuelan navy seized an oil exploration vessel operating in disputed waters claimed as Exclusive Economic Zones by both <entity_0> and <entity_1>.In taking the case to the ICJ, <entity_1> looks to authorize the division of the area with <entity_0>. The disclosure of oil off the coast has started a discussion among <entity_1> and <entity_0> over the border itself with both area claiming the area.
['bilateral relation']