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Guyana set to join World Trade Point Federation

Aug 28, 2009 News

Guyana is set to become the newest member of the World Trade Point Federation (WTPF) shortly, as part of the government’s competitiveness of business, government spokesman and cabinet secretary Dr Roger Luncheon told reporters recently.
Luncheon stated that Guyana’s Trade Point will be located at the Guyana Office for Investment (GO-INVEST).
“It will offer various categories of Guyanese businesses the benefit of timely, easily facilitated access to up-to-date information concerning export-sector information and the changing aspects of world trade, as carried out by other members of the World Trade Federation,” he stated.
He explained that the focus will be specifically on firms active in agro-processing, ICT (information communication technology), light manufacturing, forest and non-timber forest products and tourism, and it is expected that hundreds of small- and medium-sized firms in Guyana are likely to become clients of the Guyana Trade Point.
The mission of the WTPF is to become a global trade facilitator and trade information provider for SMEs, particularly those in developing and Least Developed Countries, through its unique human network and local know-how combined with its global e-business marketplace.
The Federation’s work is guided by the following core values: business ethics, transparency and integrity, knowledge sharing, mutual respect for peoples of diverse cultures, and community building. A strong commitment to these principles enables the WTPF to provide high quality services and to achieve consistent customer satisfaction.
The WTPF, an international non-governmental organization established in 2000, grew out of an innovative programme of the United Nations Conference on Trade and Development (UNCTAD).
Through a network of more than 100 trade information and facilitation centres, known as Trade Points, the WTPF assists small and medium enterprises (SMEs) in over 70 countries worldwide, to trade internationally through the use of electronic commerce technologies.
Capitalizing on over a decade of Trade Point market presence, the Federation constantly seeks strategic partners for the development of new value-added services to enable it to better serve its clients.
The WTPF objectives include increasing the participation of SMEs in international trade, proving their trade efficiency and competitiveness; to build up a global network of reliable business partners; assist SMEs in accessing information and communication technologies and promote the use of these technologies in trade; and assist Trade Points in becoming one-stop shops where SMEs can obtain a wide range of trade-related services and guidance.

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