"Venezuela recognizes as territory of the new State the one which is located on the east of the right bank of the Essequibo River, and reiterates before the new State, and before the international community, that it expressly reserves its rights of territorial sovereignty over all the zone located on the west bank of the above-mentioned river. Therefore, the Guyana-Essequibo territory over which Venezuela expressly reserves its sovereign rights, limits on the east by the new State of Guyana, through the middle line of the Essequibo River, beginning from its source and on to its mouth in the Atlantic Ocean."