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2.8. Guyana supports a multilateral trading system that promotes the fair and equitable participation of all countries in international trade. As a small developing country that is vulnerable to climate change and the consequent economic shocks, Guyana believes that unilateral trading interests should always be subject to multilateral considerations where the interests of small fragile economies must always take centre stage. (...)

2.13. (...) At the Ministerial Conference in 2017, Guyana reiterated its unequivocal support for the multilateral trading system and stated that trade policy should promote sustainable production practices that protect both the planet and livelihood systems. [8]

[8] WTO document WT/MIN(17)/ST/53, 15 December 2017.

2.31. The Investment Act states that all fields of lawful economic activity are open to all investors except in investment prejudicial to national security, or detrimental to the natural environment or public health, or that contravenes the laws of Guyana. (...)

2.33. Regarding investment incentives, in accordance with the Income Tax (In Aid of Industry) Act (Cap. 81:02), an exemption from corporation tax may be provided to enterprises, domestic or foreign, with respect to income from new economic activity of a developmental and risk bearing type and qualifying as activity that is deemed to demonstrate to create either: (...) (ii) new employment in any of the following fields: non traditional agricultural development and ago processing, including aquaculture and production of bio fuels; (...) bio technology; (...) and infrastructure development, including the production of electricity using renewable sources of energy.

3.27. (...) The excise tax on petrol and diesel was reduced from 50% to 35%, with immediate effect, in February 2021. [14] (...)
Hybrid and electric motor vehicles are exempted from payment of excise tax (since 2017). (...)

[14] Bio-fuel, including bio-gas and bio-diesel, has been exempted from excise tax since 1 February 2017.

3.28. In accordance with Section 7A of the Customs Act (Cap. 82:01), an environmental levy of GYD 10 is levied on alcoholic and non alcoholic beverages sold in non-returnable containers, whether made of metal, plastic, glass, or cardboard. (...)

3.29. (...) However, imports may also be prohibited under other laws such as the Trade Act (ozone-depleting substances, motor vehicles with tinted glass), the Narcotic Drugs and Psychotropic Substances (Control) Act, and the Pesticides and Toxic Chemicals Control Act. (...)

3.30. Importation of restricted products require permission or approval from the competent authorities. For endangered species of flora and fauna protected under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), certificates in conformity with the Convention, delivered by the authorities in exporting countries, must accompany requests for import permits to be issued by the Wildlife Management Authority of the Environmental Protection Agency. Import permits for pesticides and controlled chemicals are only granted to importers already registered with the Pesticides and Toxic Chemicals Control Board.

3.51. The Small Business Bureau (SBB) has been providing support to entrepreneurs under the Micro and Small Enterprise Development (MSED) Programme (...) It has set up a Green Business Technology Fund to promote innovative and green technology. Individual grants up to GYD 1 million may be awarded to 12 entrepreneurs each year for the development of green ideas and solutions. (...) Going forward, the SBB is extending its focus to address sustainable economic development and eco tourism.

3.63. (...) The WTO Committee on Sanitary and Phytosanitary Measures has not received any notification from Guyana since 2012. Guyana does not have legislation covering genetically modified organisms or hormone-fed animals.