EU relations and cooperation with Guyana are carried out both on bilateral and regional basis, the latter within the framework of the on-going EU-CELAC and EU-CARIFORUM dialogues. Guyana is party to the "Cotonou Agreement", the Partnership Agreement between the African, Caribbean and Pacific Group of States and the European Union.
The EU-Guyana cooperation strategy for the period 2008-2013 focuses mainly on macro-economic support, support to the sugar industry and coastal management.
At the regional level, the Caribbean was pioneer in signing, in October 2008, the Economic Partnership Agreement (EPA) between the Caribbean Forum (CARIFORUM countries) and the EU, a framework to help make trade, investment and development assistance easier for all parties, in particular promoting regional integration. Guyana is a signatory of the EPA and ratified the agreement on 19 May 2012.
Guyana and the EU have a long-standing trade relationship. Over the years, the EU has represented between 30 and 35% of Guyana's total exports in value. The main exports are sugar, rice, rum, bauxite, precious stones and timber products. The EU has been, and still is, Guyana's main export market for cane sugar and other sugar products.
In November 2012, the Member States of the EU and the Caribbean adopted the new Joint Caribbean-European Union Partnership Strategy . This Strategy will enhance Caribbean– European Union relations and broaden the engagement by adding a political pillar to the traditionally development and trade relationship with the Caribbean region. The strategy focuses on regional integration, Haiti reconstruction, climate change and natural disasters, crime and security, and joint action in multilateral fora.