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EAM Jaishankar Meets Guyana President, Announces USD 500 Million Line of Credit Extension

India and Guyana signed three agreements to expand digital payments, small business manufacturing and quick-impact projects, officials said.

  • On Thursday, External Affairs Minister S Jaishankar met Guyana President Irfaan Ali at the Commonwealth Heads of Government Meeting in Antigua and Barbuda, announcing a $500 million credit line extension for roads, healthcare, and defence projects.
  • The two leaders signed agreements for supply and installation of MSEs manufacturing projects, grant assistance for Quick Impact Projects, and cooperation in Digital Public Infrastructure, including a UPI-like system in Guyana.
  • This progress follows Prime Minister Narendra Modi's November 2024 visit to Guyana, during which the two nations fostered ties for Digital Public Infrastructure and created a supportive ecosystem for farmers and smallholders.
  • Meanwhile, on the sidelines of the Commonwealth Heads of Government Meeting, Jaishankar also met Australian Prime Minister Anthony Albanese to review bilateral cooperation between the two nations.
  • Separately, the minister discussed strengthening the economic partnership with United Kingdom Prime Minister Andy Burnham, specifically focusing on the Comprehensive Economic and Trade Agreement.
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Social News XYZ broke the news on Thursday, November 5, 2026.
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