Latest update April 4th, 2025 6:13 AM
Jun 30, 2017 News
As Britain remains resolute to leave the European Union (EU), most countries that receive aid from the global bloc, are questioning whether this will change.
The EU in Guyana’s case has been a major contributor to several sectors, particularly in the areas of infrastructure, energy, and support to civil society, water and capacity building.
The EU would have already granted, and will be granting billions of Guyana dollars to develop these and other areas. These funds go directly into the State’s treasury.
During a press conference at the EU Delegation Office at Sendall Place Stabroek, Georgetown, EU Ambassador to Guyana Jernej Videtiè, was quizzed if Brexit (the process by which the United Kingdom withdraws from the European Union) will somehow “diminish” the EU’s aid to Guyana.
The Ambassador was at the time hosting a conference on the “Future of EU/Guyana Cooperation”
“From everything that is now ongoing about the future of aid from the EU to the world, I don’t see that there will be any change in the policies of the European Union,” he said.
Christof Stock, EU’s Head of Cooperation, referred to a statement made by the political leaders in the EU stating that even in post-Brexit, the EU will still be the world’s biggest donor.
“So assistance will remain one of the core areas of the EU,” he said.
The EU is an economic and political partnership involving 28 European countries. It began after World War Two to foster economic co-operation, with the idea that countries which trade together are more likely to avoid going to war with each other. It has since grown to become a “single market” allowing goods and people to move around, basically as if the member states were one country.
The British government led by David Cameron, held a referendum on the issue on 23 June 2016; a “modest” majority was said to have voted to leave the EU and on 19 June 2017, negotiations to leave the bloc started.
The UK remains a full member of the bloc as the terms of withdrawal are being negotiated.
British Prime Minister a May said that the UK government would not seek permanent membership of the single market or of the customs union and promised a Great Repeal Bill that would repeal the European Communities Act and incorporate existing EU law into UK domestic law.
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