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Home›Government›The EU is not in Guyana because of oil- Ambassador 

The EU is not in Guyana because of oil- Ambassador 

By Savitri Laikram
7 May 2026
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May 7 2026

 

European Union Ambassador to Guyana, Luca Pierantoni, says the EU’s relationship with Guyana is built on decades of cooperation and is not solely tied to the country’s rapidly expanding oil and gas industry.

 

Speaking at a Europe Day reception at Herdmanston Lodge on earlier this evening, Ambassador Pierantoni noted that the European Union has maintained a presence in Guyana since the country gained independence and has supported national development long before the emergence of the oil sector.

 

The Ambassador also sought to reassure local businesses and policymakers about the stability of trade relations between Guyana and Europe amid growing global uncertainty.

 

He pointed to the Economic Partnership Agreement between the two sides, which he said provides predictable trading conditions without sudden tariff changes.

 

Pierantoni described Guyana as a country undergoing major economic and social transformation, adding that the EU sees significant opportunities for expanded collaboration in business, education, technology, research, and cultural exchange.

 

He highlighted the EU’s involvement in areas such as forest conservation, trade cooperation, and development support, describing the bloc as a reliable long-term partner.

 

According to the Ambassador, the EU is working to strengthen ties between European and Guyanese institutions through initiatives under its Global Gateway programme. He referenced recent business missions involving sectors such as healthcare, agro-processing, digital technology, and connectivity.

 

The Ambassador said the European Union remains committed to Guyana and the wider Caribbean as a long-term partner and ally.

 

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BIG Smith News Watch was established in 2015 and is recognized by the Guyana press Association as a legitimate media outlet in Guyana. Our operation focuses more community, human interest and developmental issues. We also do focus on matters of crime, security, business, politics and current affairs. The entity is headed by Leroy Smith, a practicing journalist with experience in news gathering, reporting and coverage spanning seventeen years. Mr. Smith joined the media 2005 and worked at several media housing before launching BIG Smith News Watch in 2015.

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