Surinamese trade delegation heading to Guyana

Jan 15, 2015 News

The Government of Guyana, the Private Sector Commission and the Georgetown Chamber of Commerce will be hosting a Surinamese Trade Mission/Delegation from today to Saturday.
It is expected that the Ministers of Trade and Tourism along with other delegates including representatives from the Surinamese Private Sector and Manufacturers Association will attend.
The overall objective is to explore the opportunities for increased trade and investment between Guyana and Suriname, and to develop a strategy and plan of action to take advantage of the opportunities identified.
According to the Guyana Tourism Ministry, the opening ceremony will be held today at the Princess Hotel at 19:00hrs. A mini exhibition will also be held from 18:00 hrs.
During their stay, members of the visiting delegation will participate in a series of meetings, workshops and site visits. Suriname has chosen to act on recommendations from a study conducted on the Opportunities for Enhancing Export Trade between Guyana/Suriname and Brazil have planned the visit to assist in developing a strategy for enhancing trade between the two countries.
The Ministry noted that Guyana, Suriname and Brazil are independent states, which along with French Guiana collectively occupy the central and north eastern portion of South America. Each state shares similar borders, with Suriname to the east of Guyana and Brazil to the south of both Suriname and Guyana.
There are many roads and bridges that link each state, where informal trade takes place. Guyana’s most recent link to Brazil came with the completion of the Takutu River Bridge in 2009, and the Surinamese government signing of a Memorandum of Understanding with Chinese firms for the construction of a road and rail to Brazil.
Brazil, Guyana and Suriname possess low population densities, with 60, 10, and eight persons per square mile, with the estimated average for South America being 22 persons.
These three states (including French Guiana) are also non-Spanish speaking. There is also a significant population of Brazilians living in both Suriname (40,000) and Guyana (10,000) mostly involved in the mining industry.
The economies of Brazil, Guyana and Suriname also concentrate significantly on the agriculture and extractive industries. Brazil has signed partial scope agreements with both Suriname (2005) and Guyana (2001) that give preferential access to a wide range of goods into the Brazilian market.
In his New Year address, President Donald Ramotar promised to deliver a bridge across the Corentyne River and a road linking Guyana and Brazil, “During the next term of office, my Government will work with our partners to bridge the Corentyne River and to complete the road from Brazil along with the accompanying deep water harbor,” he said.

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