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Trade

Guyana-China trade increasing – Chinese Ambassador

Trade between China and Guyana has increased by 31% for the first half of 2024, outgoing Chinese Ambassador to Guyana Guo Haiyan announced Wednesday evening. “Practical cooperation between China and Guyana has made significant progress. In the first half of this year, our bilateral trade reached $800 million, reflecting a 31% year-on-year increase,” she said at a farewell reception held ...

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Guyana-Suriname Chamber set to make pitch for Canawaima Ferry Service

The Suriname-Guyana Chamber of Commerce (SGCC) is about to submit a feasibility study to both countries to take over the management and operations of the Canawaima Ferry Service and offer more daily trips across the Corentyne River, SGCC Chairman Dr Vishnu Doerga said Tuesday. While there are four to six flights between Guyana and Suriname, Mr Doerga said the return ...

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British Trade Chief on standby to recommend increase in Guyana’s funding ceiling

Britain’s Trade Commissioner for Latin America and the Caribbean, Jonathan Knott said he would ask his government to increase its United Kingdom Export Finance (UKEF) funding to Guyana once all of the already increased amount has been exhausted. “The first thing we’ve got to do is exhaust the limit of UK Export Finance financing. My hope is that we’re super ...

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Guyana to be part of southern Caribbean ferry route

President Irfaan Ali on Friday announced that Guyana would be part of a ferry service that would link this South American country with sister Caribbean Community (CARICOM) nations Trinidad and Tobago, and Barbados. He announced the formation of the company at the signing ceremony for a US$35 million four-lane bridge between Mackenzie and Linden. “Yesterday, Trinidad and Tobago, Guyana, and ...

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European businesses should focus on investment opportunities in Guyana- Ali

-European Chamber of Commerce Guyana launched President Irfaan Ali has told executives of major European Union (EU) companies who participated in that bloc’s first ever trade mission to Guyana that they need to pay keen attention to major investment opportunities here. Addressing the opening of the mission on Monday, he dismissed likely reaction to his concern that the private sector ...

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President woos Guyanese private sector, European trade mission to do business

President Irfaan Ali on Monday urged Guyana’s private sector to take advantage of business opportunities with European companies that are participating in the European Union’s (EU) first ever trade mission here, even as he urged Europe to “reset” its business relations with this South American country Addressing the opening of the mission’s two-day engagement here, the Guyanese leader explained that ...

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AMCHAM Guyana, US Bilateral Chamber of Commerce ink accord

The American Chamber of Commerce in Guyana (AMCHAM Guyana) on Thursday announced the signing of a landmark Memorandum of Understanding (MOU) with the Bilateral Chamber of Commerce, a federal contractor for the United States (US) Trade and Development Agency (USTDA). “This collaboration marks a significant milestone for AMCHAM Guyana and the Bilateral Chamber of Commerce. By joining forces, we aim ...

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Guyana, Barbados collaborating to ease shipping congestion from Trinidad- Ali

President Irfaan Ali on Wednesday announced that Guyana and Barbados were working to end difficulties in the movement of cargo from Trinidad to this South American nation. Addressing the commissioning of a US$8 million mixing plant of the National Milling Company (NAMILCO), a subsidiary of the American company, SEABOARD, the Guyanese leader said steps were being taken to maximise the ...

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EU prepares for first trade mission to Guyana; urges Guyanese to grab opportunities

At least 20 European companies have signaled their intention to participate in the European Union’s (EU) first ever trade mission under the “Global Gateway” partnership initiative with 150 countries, EU’s Ambassador to Guyana, “We would have the very first trade mission coming to Guyana and that trade mission is here under the heading of the Global Gateway,” Rene Van Nes ...

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