Latest update April 10th, 2025 1:57 PM
Jul 15, 2011 News
The Guyana Trades Union Congress (TUC) will host a one-day forum today to address matters pertaining to the Green Economy, European Union/Cariforum Economic Partnership Agreement, and the National Insurance Scheme (NIS).
According to the Union, participants would be drawn from its affiliates and like-minded organisations. In addition, participants will benefit from the institutional expertise of Messrs. Garfield Barnwell, Carl Greenidge and Patrick Martinborough.
The team is set to speak on the commitment to the creation of a just society that includes full, sustainable and rewarding employment, and equipping workers with knowledge of the various issues to empower them on their rights, roles and responsibilities to achieve a just society.
Cognisant of the global push for a green economy, Mr. Garfield Barnwell, Director, Sustainable Development, CARICOM Secretariat, will address the issue of ‘Global preparedness for Rio + 20 Conference.’
This conference, slated for June 4-6, 2012 in Brazil, has it genesis in a proposal made in 2007 to the United Nations General Assembly by the then Brazilian President Luiz Inácio Lula da Silva, to ensure the continuity of the Kyoto Protocol which expires in 2012 and is premised on legally binding agreements to ensure the reduction of greenhouse gas emissions in the effort of protecting the environment.
Former President Lula, also a trade unionist, in his advocacy for reordering the world’s priorities to ensure social justice, proposed action to “salvage our common heritage, [where] a new and more balanced distribution of wealth is needed, both internationally and within each country [and where] social equity is our best weapon against the planet’s degradation.”
Mr. Carl Greenidge, former Senior Deputy Director, Office of Trade Negotiations, CARICOM, will make a presentation on the ‘Economic Partnership Agreement between the European Union and Cariforum.’ The TUC stated in a release that it believes “where there is free trade there must be fair trade and it is seeking to equip participants with knowledge on trading relations between the European Union and Cariforum.
The EPA’s principle that properly managed trade can help development by employment creation, improved accessibility to a wider range of good-quality products, average prices reduction and income generation is interest to us.
A recent report from the International Monetary Fund (IMF) that the National Insurance Scheme (NIS) will record a deficit in 2012 is a matter of grave concern. “
The TUC also indicated that it was one of the major players in pushing for the establishment of NIS (1969) “as a social safety network for workers who would make periodic contributory/financial investments to later provide for their economic security when they cannot work; and at death, that security be paid to their dependants.”
“With vested interest in the Scheme’s success, the TUC is on record advising the government to depoliticise the Board; pay heed to Actuarial Reports, the Scheme’s investments portfolios and the enabling environment needed to sustain its economic viability to deliver on its Mission.”
In an effort at getting a deeper understanding of the Scheme’s condition and determining the way forward, Mr. Patrick Martinborough, former General Manager, will address ‘The state of NIS and recommendations to move the Scheme forward.’
Apr 10, 2025
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