ISDS Case Map
Guyana
Two years after 14 Caribbean countries signed a wide-ranging and controversial Economic Partnership Agreement (EPA) with Europe, Guyanese President Bharrat Jagdeo still maintains that his country was right in holding out until the last minute to get a "better deal" for the Caribbean.
It is a ‘striking' coincidence that most of the difficulties encountered in the implementation of European Union budget support came shortly after Guyana adopted a position that was critical of the Economic Partnership Agreement (EPA), according to the government
The Federation of St Kitts and Nevis has received approval from CARICOM to enter into trade negotiations with Brazil
President Bharrat Jagdeo has taken another jab at the Caribbean Regional Negotiating Machinery (CRNM). This time he is adamant that it cannot speak for Guyana at upcoming trade talks with Canada.
Guyana on Monday signed off on the Economic Partnership Agreement (EPA) with Europe, choosing to do so in Brussels at the headquarters of the European Union Council, five days after its Caricom partners had inked the agreement.
Guyana's President, Bharrat Jagdeo, said he was switching his position after two additional clauses were added to the original deal. The additions include stipulating that Europe would review the agreement every five years to analyze the economic impact the deal had on the Caribbean Community and the Dominican Republic and would make changes should the impact be adverse.
After opting out of Wednesday's signing, Guyana's President Bharrat Jagdeo now says the country is ready to take forward the Economic Partnership Agreement (EPA) with Europe.
The signing of the Economic Partnership Agreement between the European Union and the CARIFORUM Group - Caribbean Community states and the Dominican Republic - went ahead as planned. However, Guyana and Haiti, which had both expressed reservations about sections of the agreement, did not attend the signing ceremony in Barbados.
The European Union is preparing to impose swingeing taxes on goods imported from Guyana as punishment for the Caribbean island's refusal to accept a free trade accord. Patrick Gomes, Guyana's ambassador to Brussels, said that the EU's move could lead to his country losing €70m (US$94m) each year.
Refusing to give up on convincing the European Union to take another look at its Economic Partnership Agreement (EPA) with the Caribbean, Guyana's President Bharrat Jagdeo has taken his case to the United Nations.
