ISDS Case Map
Guyana
In the area of investment, the two governments intend to negotiate a Bilateral Investment Treaty, signalling readiness to begin formal discussions toward a treaty aimed at promoting and protecting cross-border investment.
The protection of the Amazon is a central theme of the COP30 in Belém, Brazil. However, efforts to ensure that the Amazon is defended are at risk of instead being defunded—by investor-state dispute settlement.
Having gotten the clarity it sought on areas of concern, Guyana says that it will now sign on to the Samoa Agreement – successor to the Cotonou Agreement that the Organisation of African, Caribbean and Pacific Group of States (OACPS) has with the European Union (EU).
The UAE and Peru have announced that they will start talks for a free trade agreement later this year.
While the Samoa Agreement comes into force at the start of 2024, Guyana has not yet signed on.
Baishan Lin is considering taking legal action against Guyanese authorities, a day after the Guyana Revenue Authority began seizing equipment and allegations that even personal property was being stolen from the company’s workers at Coomacka.
A potential trade pact between the European Union and Guyana must contain land rights protections for local residents in order to avert the possible displacement of indigenous people.
“I think it is time that we evaluate whether any Caribbean country has actually benefitted in a tangible way from the implementation of the EPA, and if not, why,” Guyana's President Donald Ramotar told European Union officials.
Guyana’s Foreign Affairs minister Caroly Rodriques-Birkette stressed that the first review of the EPA is set for next year and the ratification will allow for the assessment of cost impact.
Guyana has taken the lead in the Caribbean in implementing aspects of the Economic Partnership Agreement (EPA).
