EU Relations with Guyana

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  • 08/11/2012  -  The EU gives €6 million for emergency aid in the Caribbean after Hurricane Sandy
  • 20/07/2012  - 
    1063 12024 1 Local EU statement on the tragic loss of life that took place July 18th in Linden, Guyana Local EU statement on the tragic loss of life that took place July 18th in Linden, Guyana 07/20/2012 00:00:00 07/20/2012 14:44:00 07/20/2012 00:00:00 nulldate 2012072000 European External Action Service 09012624887e0711 N 09012624887e0711 /delegations/guyana/documents/press_corner/linden.pdf 14434 pdf Y /delegations/guyana/documents/press_corner/linden.pdf /delegations/guyana/documents/press_corner/linden_zz.pdf N ID_INTERNAL N N
    Local EU statement on the tragic loss of life that took place July 18th in Linden, Guyana pdf - 15 KB [15 KB]
  • 05/12/2011  - 
    96 20245 1 Local EU Statement on General and Regional Elections in Guyana Local EU Statement on General and Regional Elections in Guyana /statements/local/20111203_local_eu_statement_guyana_en.pdf 12/05/2011 19:00:00 12/05/2011 19:34:00 12/05/2011 19:00:00 nulldate 2011120519 European External Action Service 090126248743d7c7 N 090126248743d7c7 /statements/local/20111203_local_eu_statement_guyana_en.pdf 14512 pdf Y /statements/local/20111203_local_eu_statement_guyana_en.pdf 1 /statements/local/20111203_local_eu_statement_guyana_en.pdf /statements/local/20111203_local_eu_statement_guyana_zz.pdf N ID_INTERNAL N N
    Local EU Statement on General and Regional Elections in Guyana pdf - 15 KB [15 KB]

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GuyanaGuyana

Guyana is a sovereign, stable and democratic state with a population of 0.762 million and a per capita GDP of 4,508 PPP US$ (source UNDP – HDR 2007-8).

Guyana is a presidential democracy. Mr Jagdeo is serving his second consecutive term since August 1999, when he took up the post after the incumbent President resigned due to health problems. Mr Jagdeo's position was confirmed and reconfirmed in general elections in 2001 and 2006 respectively.

After a flood related contraction of the economy in 2005, a recovery facilitated by an improved political climate encouraging private investments has taken place. Nevertheless, the economy is now constrained by the global economic crisis and challenges in Guyana's main economic sectors, agriculture (sugar) and mining, albeit new investment in mining (bauxite and gold) may reverse the recent decline in the latter.

Key issues in EU-Guyana relations

EC cooperation has consistently complemented Guyana’s development agenda and stated priorities in the National Development Strategy both through budget support and continued support to the Guyana Sea Defences.

The non-targeted Poverty Reduction budget support which has been implemented in coordination with the Bretton Woods institutions has proven to be a relatively efficient aid delivery mechanism. Following the EC success, other donors in Guyana are considering shifting.

Under the 10th EDF, an envelope of € 51 M is allocated to Guyana.

This envelope covers long term programmable development operations under the strategy, and in particular the continued support to the sea defences (€ 14.8 M) and coastal management, and macro economic support to PRSP and MDG (€ 30.2 M).