Guyana will be represented on the International Board of the Extractive Industries Transparency Initiative (EITI) for the next three years.
Representing Guyana is Vickram Bharrat, the Minister of Natural Resources, who was officially nominated as a Principal Member of the Implementing Country Constituency on the Board of the EITI. In this high-level international capacity, Minister Bharrat will represent the entire Latin America and the Caribbean region for the 2026–2029 term.
According to a release from the Ministry of Natural Resources, the appointment was announced on Tuesday June 30, 2026 by the EITI International Secretariat via an official circular. It reportedly follows a rigorous four-month regional nomination and consensus-building process running from February 11 to June 24, 2026.
As Guyana’s national EITI Champion, Minister Bharrat’s elevation to the international governing body arrives at a definitive moment for the country’s own resource management. Guyana is currently undergoing its comprehensive 2026 EITI Validation process, which formally commenced on May 15, 2026. The Natural Resources Ministry said this intensive global evaluation assesses the country's progress in resource transparency, data disclosure, and tri-sector collaboration among government, industry, and civil society.
“By securing a seat on the international board, Guyana positions itself at the forefront of regional transparency policy, even as the Ministry of Natural Resources actively drives domestic structural and legal updates to align with the evolving EITI Standard.
“Commenting on the appointment, Minister Bharrat emphasized that his role on the international board will not only amplify the voice of Latin America and the Caribbean in global extractive governance but will also reinforce Guyana’s unwavering domestic commitment to open data, beneficial ownership disclosure, and accountable revenue tracking across its rapidly expanding oil, gas, and mining sectors,” the release stated.
The EITI is a global standard that promotes the open, accountable and transparent management of natural resources, including oil, gas and minerals. By becoming members of the EITI, countries commit to disclose information along the extractive industry value chain – from how extraction rights are awarded, to how revenues make their way through government and how they benefit the public.
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