A former Spanish colony, Venezuela is a federal republic. Historically, Venezuela has had territorial disputes with Guyana, largely concerning the Essequibo area, and with Colombia concerning the Gulf of Venezuela (Gulf of Coquibacoa according to Colombia). This issue is not yet resolved. Today, Venezuela is known widely for its petroleum industry, the environmental diversity of its territory, and its sheer natural beauty. Some have claimed that Christopher Columbus was so enthralled by Venezuela's landscape, when arriving to its coast in 1498, that he referred to the land as Tierra de Gracia (Land of Grace), which has become the country’s nickname.
Origin of name
The name Venezuela is believed to have originated from the cartographer Amerigo Vespucci who, together with Alonso de Ojeda, led a 1499 naval expedition along the northwestern coast (known today as the Gulf of Venezuela). On reaching the Guajira Peninsula, the crew observed the distinctive stilt villages (palafitos) that the indigenous Añu people had built over the water. This reminded Vespucci of the city of Venice ("Venezia" in Italian) and as a result the region was named Veneziela; some argue this meant Little Venice and later evolved to "Venezuela". Other historians (notably Francisco Herrera Luque), noted that the suffix -zuela usually has a pejorative meaning in the Spanish language (mujerzuela, cazuela, etc.) and sustain the thesis that the name implied more the notion of a second rate Venice.
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UN News Centre - Americas
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