India announces extension of $500 million line of credit for Guyana
EAM Jaishankar met Guyanese President Mohamed Irfaan Ali on the sidelines of the Commonwealth Heads of Government Meeting
India has extended a $500 million line of credit to Guyana for roads, health and defence projects. This was announced by External Affairs Minister S. Jaishankar during a meeting with Guyanese President Mohamed Irfaan Ali in Antigua and Barbuda, where they discussed strengthening bilateral cooperation. The line of credit will build upon the progress made in areas like trade, investment, energy, agriculture, infrastructure development, digital technology and capacity building.
India has already completed several development projects in Guyana, and the new credit will further bolster the partnership. Additionally, the two countries signed agreements on Micro and Small Enterprises manufacturing projects, Quick Impact Projects, and cooperation in Digital Public Infrastructure.
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