Last updated in March 2018
In 2016, the Federal Republic of Germany and the Co-operative Republic of Guyana celebrated 50 years of friendly relations. A bilateral investment protection and promotion agreement has been in place since 1994. Germany has contributed to Guyana’s economic recovery through debt cancellation.
In the area of development cooperation, Germany is funding resource management and tropical forest conservation projects in Guyana. Through agreements between Germany and the Caribbean Community (CARICOM), Guyana is also indirectly involved in cooperation activities in the fields of sustainable economic development, renewable energy promotion and climate change adaptation. In addition, Germany is supporting microprojects in the region.
Other cooperation and trade accords exist within the framework of the agreements between the European Union and the African, Caribbean and Pacific (ACP) states, as well as between the EU and CARIFORUM (CARICOM member states plus the Dominican Republic).
Guyana soon hopes to be able to exploit the extensive oil fields that were recently discovered off its coast. However, the country has committed itself to achieving an energy transition at home – with the aim of fully meeting its own energy needs as soon as possible through water, solar and biomass power.
This text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.