Guyana has signed a Financing Agreement with the European Union which facilitates the provision of up to €18,805,000 ($5.62 billion) in support for the sugar sector this year in the framework of the Accompanying Measures to the changes in the EU trade regime with Sugar Protocol Countries
The grant is part of the EU funded Multi-annual Sugar Programme 2007-2010 which supports the Government of Guyana in its efforts to improve the competitiveness and viability of the sugar industry and to promote agricultural diversification.
Head of the EU’s Delegation in Georgetown, Ambassador Geert Heikens has emphasized the importance of the sugar sector in the economy of
