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Guyana to crack down on gold smuggled in from Venezuela at the urging of the US government – AP News

Source link : https://theamericannews.net/america/venezuela/guyana-to-crack-down-on-gold-smuggled-in-from-venezuela-at-the-urging-of-the-us-government-ap-news/

In a decisive move to combat the rising tide of gold smuggling, the Guyanese government has announced a crackdown on illicit gold flows from neighboring Venezuela. This initiative comes in response to increased pressure from the United States government, aimed at curbing illegal activities that threaten regional stability and economic integrity. With Venezuela grappling with its own economic turmoil, the burgeoning gold trade has become a critical issue for both nations, impacting Guyana’s mining sector and its reputation in the global market. This article examines the implications of this crackdown, the role of international scrutiny, and the broader context of gold smuggling in South America.

Guyana Implements Stringent Measures to Combat Venezuelan Gold Smuggling in Response to US Pressure

In a decisive move prompted by increasing concerns over illicit gold smuggling from Venezuela, Guyana has announced a series of stringent measures aimed at tightening its borders and enhancing regulatory oversight. The U.S. government has been vocal in its support for these changes, emphasizing the need to address the growing trend of illegal mining and trafficking that threatens not only the economies of both nations but also the ecological integrity of the region. Authorities in Guyana will focus on implementing advanced tracking systems and increased inspections to curb the flow of smuggled gold entering their markets.

To further bolster these efforts, the Guyanese government…

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Author : Atticus Reed

Publish date : 2025-07-14 17:35:00

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