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Business

Georgetown Chamber welcomes TT-Guyana accord to remove trade barriers

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 ...

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Guyana will attend Summit of the Americas to pursue its interests; will continue to lobby for Cuba

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 ...

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Guyana to ask CARICOM for Brazil’s Roraima State to join regional agricultural task force

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 ...

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CARICOM leaders agree to fix regional transportation, set deadlines for removal of trade barriers

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 , ...

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Jagdeo says “politically connected” retail businesses harming Caribbean’s food security

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 ...

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US-based Guyanese wheat expert hails home country’s efforts to grow the grain; identifies key elements for success

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 ...

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Oil industry not responsible for low fish catch- FAO study

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. ...

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Guyana sets production targets to reduce US$30 million food import bill

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 ...

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Rowley makes international pitch for Caribbean ships to transport cheap agricultural produce

Trinidad and Tobago’s Prime Minister Keith Rowley on Thursday appealed to international players to finance the purchase of cargo and passenger ships to guarantee cheap transportation of agricultural produce across the Caribbean Community (CARICOM). “I gather that there are international supporters at this conference and I say here today, if you really want to help CARICOM to do what we ...

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Jagdeo favours MoU with Trinidad and Tobago

Vice President Bharrat Jagdeo on Thursday said he preferred a memorandum of understanding with Trinidad and Tobago as a way forward to removing a range of non-tariff barriers. “Hopefully, the MoU will go towards resolving the difficulties we have had so you have to have a pathway to solving the problem. You just can’t complain about it and I think ...

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