Shashank Mattoo
Shashank Mattoo

@MattooShashank

11 Tweets 258 reads Feb 25, 2023
A tiny country has become one of India's most exciting relationships
Its massive oil reserves are set to make it one of the world's richest countries
It has a 350,000+ Indian diaspora & major defence purchases from ๐Ÿ‡ฎ๐Ÿ‡ณ lined up
๐Ÿงตon how a tiny nation became vital to ๐Ÿ‡ฎ๐Ÿ‡ณ (1/10)
(2/10)
That country is Guyana
Guyana is a Caribbean nation on the north coast of S. America
It has a population of just 800k people w. 40% of ๐Ÿ‡ฎ๐Ÿ‡ณ descent whose ancestors were brought to the country as indentured laborers under the UK
There are key reasons why it matters to ๐Ÿ‡ฎ๐Ÿ‡ณ
(3/10)
1. Energy
Guyana is the world's newest oil power w. 11 billion barrels of oil reserves discovered since 2015
That gives it the 17th largest reserve in the world
A senior ๐Ÿ‡ฎ๐Ÿ‡ณ diplomat tells me that once sales begin, Guyana will become one of the world's richest nations
(4/10)
For India, Guyana's massive oil reserves can guarantee its energy security
๐Ÿ‡ฎ๐Ÿ‡ณ imports 82% of its oil & has tried to diversify sources of supply away from Middle-East
Guyana will produce >1 million barrels per day by end of decade, making it an important supplier to ๐Ÿ‡ฎ๐Ÿ‡ณ
(5/10)
Guyana also wants India's help to develop its oil sector
I spoke to the country's Vice-Prez Bharrat Jagdeo
Guyana wants:
-๐Ÿ‡ฎ๐Ÿ‡ณ investment in its oil sector
-Skilled engineers & technicians from ๐Ÿ‡ฎ๐Ÿ‡ณ
-Joint exploration & development w. ๐Ÿ‡ฎ๐Ÿ‡ณ oil companies
(6/10)
This will help India vastly improve its energy security since it has been dependent on Middle-Eastern sources like S. Arabia & Iraq
A top ๐Ÿ‡ฎ๐Ÿ‡ณ official tells me that Delhi expects Guyana to become the next UAE
My exclusive on ๐Ÿ‡ฎ๐Ÿ‡ณ's play w. Guyana๐Ÿ‘‡
livemint.com
(7/10)
2. Defence
Guyana wants to modernise its military & needs ๐Ÿ‡ฎ๐Ÿ‡ณ defence platforms
It wants to buy fast patrol boats for its Coast Guard to safeguard maritime resources
Guyana eyeing ๐Ÿ‡ฎ๐Ÿ‡ณ's Dornier planes to๐Ÿ“ˆdomestic connectivity
๐Ÿ‡ฎ๐Ÿ‡ณ also wants to triple def exports by 2025
(8/10)
3. Politics
India has reached out aggressively to the 15 Caribbean states including Guyana
As a senior diplomat told me, these states are a solid voting block for ๐Ÿ‡ฎ๐Ÿ‡ณ in the United Nations & other int'l forums
Reaching out to Guyana is part of ๐Ÿ‡ฎ๐Ÿ‡ณ's wider strategy
(9/10)
4. Diaspora
Guyana is home to Indian-origin diaspora of 350k (of 800k population)
Key politicians like current Prez. Irfaan Ali & VP Bharrat Jagdeo are of ๐Ÿ‡ฎ๐Ÿ‡ณ-descent
๐Ÿ‡ฎ๐Ÿ‡ณ-origin politicians are major supporters of better ties w. IND in the country's divided politics
(10/10)
India's outreach has been aggressive to this diaspora
Prez. Irfaan Ali was the Chief Guest at the Pravasi Bharatiya Divas held in Jan
Former Guyanese Presidents were also present at the event
As a younger man, PM Modi also visited the country for diaspora outreach
Thanks so much for reading!
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