Guyana’s Prime Minister Mark Phillips has underlined the need for Caribbean nations to diversify their energy resources and attract greater United States investments to bolster energy security, buttress economic growth and advance regional development.
This is according to a release from the PM’s office.
Delivering remarks at the US-Caribbean Dialogue held in Washington, DC, on Thursday, the release said that Phillips highlighted the importance of stronger institutional and technical capacity in addressing the region’s growing energy demands.
“Energy security is a cornerstone of the region’s prosperity and sustainable growth. As energy demand increases across the region, a diversified energy matrix is required, utilising all energy resources available”, he said.
Phillips welcomed greater participation by US companies in energy development across the Caribbean. He pointed to their existing investments in Guyana’s oil and gas and wider energy sectors as examples of the openings available.
The release said that he also emphasised the significance of the economic relationship between the United States and the Caribbean, noting that the US remains the region’s largest trading partner and source of foreign direct investment.
“This partnership offers tremendous opportunities for sustained economic growth in the region”, he added.
Energy diversification, logistics, critical and digital infrastructure, and the transfer of innovative technologies, were highlighted as key areas in which Caribbean nations could benefit from higher US investment.
Phillips referenced the US-Guyana Investment Forum, held in Washington in July 2026, as a reflection of the countries’ shared commitment to strengthening commercial ties.
The release said that the PM stressed the growing importance of protecting critical national assets from natural disasters and criminal threats.
In this light, he welcomed partnerships aimed at expanding access to trusted digital infrastructure suppliers through competitive financing and capacity building.
On regional security, Phillips highlighted the persistent threats posed by transnational organised crime, narcotics trafficking and the illicit flow of firearms, urging that these challenges require collective action.
Guyana’s commitment to addressing these threats through regional and international ties was also highlighted, along with the country’s role as a founding member of the Shield of the Americas and the Americas Counter Cartel Coalition.
The dialogue brought together Caribbean leaders and senior officials to address shared priorities in energy, economic development, infrastructure and other areas.
Guyana and Trinidad have established particularly strong relations with the Trump administration while other CARICOM countries have taken diverse positions in line with their national interests and pragmatism.
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