Guyana/EU sign $9.1 billion aid package
The European Commissioner for Development and Minister of Foreign Affairs Carolyn Rodrigues-Birkette today signed what is called the National Indicative Programme under the 11thEuropean Development Fund.
The agreement means that Guyana would benefit from some G$9.1 billion from this year to 2020.
The agreement was signed in the pacific island of Samoa, where Minister Rodrigues-Birkette is representing Guyana at an international conference of Small Island Developing States.
The agreement defines the strategy and priorities for European aid in each country. These preparations are done in close cooperation with the partner countries so as to ensure national priorities are supported, the European Union Delegation in Guyana said.
According to the Delegation, work on preparing concrete projects and programmes have already begun.
Traditionally, the bulk of EU funds to Guyana have supported sea defence infrastructure, and of recent, funds have also gone towards the sugar industry and governance and human rights projects.
In February, the EU delegation held the third round of political dialogue with the Government of Guyana, in which it said matters of mutual interest such as political and economic developments; EU-Guyana and EU-regional development cooperation; human rights and governance; security, climate change, and regional integration were discussed.