Business

Trinidad and Tobago’s state-owned National Helicopter Services Limited is supporting research work offshore Guyana by the Spanish exploration company, REPSOL, the twin-island nation’s Prime Minister said Sunday. “Our National Helicopter Service, which is the helicopter service that we use here in Trinidad and Tobago in our system, on Saturday confirmed its third- not its first or second but its third ...

Trinidad and Tobago’s Prime Minister  Dr Keith Rowley on Sunday disclosed that the state-owned oil refinery, Petrotrin,  would be available to refine oil from Guyana now that the takeover deal is almost sealed. “The discussion did involve the possibility that if Guyana has oil  and Guyana is interested with someone, who we have selected here or are selecting, then those ...

The Georgetown Chamber of Commerce and Industry (GCCI) on Sunday welcomed the signing of a memorandum of understanding between Guyana and Trinidad and Tobago to remove all trade barriers. Before the just-concluded Caribbean Investment Forum on Agriculture, the city chamber had urged the Irfaan Ali-led administration not sign a memorandum of understanding unless several non-tariff barriers were first removed, but ...

President Irfaan Ali on Sunday said Guyana would be attending next month’s United States-organised Summit of the Americas, even as the  the 15-nation Caribbean Community (CARICOM) would continue to press for fair treatment of its longtime ally, Cuba. “We will continue to represent the decision of Heads (of Government of CARICOM) that is we must forge a stronger relationship and ...

Guyana’s President, Dr. Irfaan Ali on Sunday announced that Brazil’s Roraima State would be applying to be part of the Caribbean Community’s (CARICOM) agriculture task force with the aim of producing grains for supply to the region. In exchange for Roraima State offering technology, investment and partnership to Guyana, he said CARICOM leaders at their next summit in July would ...

Several Caribbean Community (CARICOM) nations on Saturday agreed to craft a proposal to resolve the decades-long problem of regional transportation for agricultural produce and passengers and submit the document to their summit in another two months The three-day Regional Agriculture Investment Forum ended with Prime Minister of Barbados, Mia Mottley, together with St Vincent and the Grenadines Prime Minister , ...

Vice President Bharrat Jagdeo on Friday called on Caribbean Community (CARICOM) heads of government to take a hands-on, direct approach to ensure their countries’ agriculture sector  gets much needed financial support and is not manipulated by “politically connected” major retail businesses. “In many of our countries, retail trade is dominated by monopolies across the Caribbean, by a single large group ...

United States-based Guyanese Plant  Pathologist Professor Pierce Paul on Friday welcomed local efforts to grow wheat and said much would hinge on the location, variety, expertise and incentives. He highlighted that some of the 30 varieties being examined by Guyana were selected from a country that has similar growing conditions. “For example: production region, weather conditions specifically. Wheat does well ...

A Food and Agriculture Organisation (FAO) study has found that climate change instead of oil exploration was the major reason for a reduction in fish catch in Guyana,  Agriculture Minister Zulfikar Mustapha said Friday. “During that period that we had the low catches, it’s referring to same form of problem we had with climate change and we had heavy rainfall. ...

President Irfaan Ali on Thursday announced a series of targets that are aimed at reducing Guyana’s US$30 million annual food import bill in line with the Caribbean Community’s (CARICOM) target to reduce food imports by 25 percent by 2025. Addressing the opening of the Caribbean Agriculture Investment Forum and Expo, the Guyanese leader who is responsible for agriculture in the ...