Guyana Friday said it would use its seat on the International Board of the Extractive Industries Transparency Initiative (EITI) for the next three years to represent the Caribbean.
A statement from the Ministry of National Resources said that the line minister, Vickram Bharrat, had been officially nominated as a Principal Member of the Implementing Country Constituency on the Board of the EITI.
Minister of National Resources, Vickram Bharrat.
It said in ‘this high-level international capacity’ Bharrat will represent the entire Latin America and the Caribbean region for the 2026-2029 term and that his appointment follows a rigorous four-month regional nomination and consensus-building process.
Bharrat said 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 statement said that as Guyana’s national EITI champion, Bharrat’s elevation to the international governing body comes at a definitive moment for the country’s own resource management.
It said Guyana is currently undergoing its comprehensive 2026 EITI Validation process, which formally commenced on May 15, this year and that ‘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.