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India and Guyana: Partners for Development

Jan 20, 2023 Letters

Dear Editor,

India will indeed be a mighty partner for Guyana in Economics and Trade. It is one of the ancient civilizations and nations from which came a major portion of the Guyanese population and has an interest in being Guyana’s longstanding partner.

His Excellency the President, Dr. Mohamed Irfaan Ali, with a Guyanese Team comprising of members from the Private Sector, recently made a visit to India to create relationships in industry and commerce -Some monumental achievements were sign into various Memorandum of Understandings (MoUs).

During this historic state visit to India, Guyana developed numerous collaborations in several areas such as Agriculture, Technology, Security, Oil and Gas, Education, Manufacturing, Human Resource Development,Climate Change, Health Care etc. This state visit also saw the President of Guyana receiving a number of high noble Indian honours inclusive of :Honorary Doctorate of Philosophy and Management Studies from the Guru Gobind Singh Indraprastha University in Delhi, and the Pravasi Bharatiya Samman Award, the highest civilian honour the Indian government grants to people of Indian origin in the diaspora for his contribution to politics and community welfare.

I welcome these partnerships with open arms, for India is the World’s largest democracy and is recognized as such globally. It is also the world’s largest English speaking nation.

First, Cooperation in Agriculture between Guyana and India for the exclusive production of millets in honour of the United Nations declaring the year 2023 as the International Year of Millet (IYOM).This cooperation facilitates increase global production, better farming techniques such as crop rotation and promotes millets as an alternate food source in times of increasing demand for vegetarian foods as it contributes to a healthy diet, andland conservation in terms of its cultivation. It is primarily grown and consumed largely by countries in the subcontinents of Asia and Africa.

I must make mention here of the Memorandum of Understanding (MoU) signed  between the Guyana Manufacturing and Services  Association and NBR Cooling Systems Pvt Ltd (NBR of India) at the end of the Global Investors Summit in New Delhi, India. This agreement will identify and engage Guyanese companies or form consortiums to establish a manufacturing/assembly plant in the engine cooling (automotive sector) of Guyana. NBR has committed to allocating approximately USD 1million for this venture. Such a partnership will revolutionize the automotive cooling sector in Guyana and the Caribbean Region.

Dr. Rosh Khan (II), the lead representative of the Guyanese Firm ACE Professional Services and Business Development Consultancy, also signed a Memorandum of Understanding with the Indian Company Squadron with the goal of recruiting skilled Indian nationals for highly specialised roles to support the rapidly expanding oil and gas economic sector in Guyana.

In addition, The Georgetown Chamber of Commerce and Industry (GCCI) and the Federation of Indian Chambers of Commerce and Industry (FICCI) signed a Memorandum of Understanding (MoU) that would allow for cooperation and understanding to promote bilateral trade and investment as well as business relations between India and Guyana.  Dr. Rosh Khan, Councillor, GCCI and Mr. Manish Singhal, Deputy Secretary, FICCI were the signatories to this agreement.

Finally, MoU between the Guyana Office for Investments (GO- Invest) and ‘Invest India’, signed at the Oberoi Hotel in New Delhi, India. An agreement which focuses on the strengthening of investment/economic relations between the two countries. It allows for foreign direct investment, and creates a framework to promote the exchange of experience and relevant information between India and Guyana. ‘Invest India’ is the leading investment agency in the World. It is the official investment promotion and facilitation agency of the Government of India commissioned to facilitate investments in the country.

These economic and trade relations between Guyana and India will further strengthen the ties between the two counties. Guyana’s future with India is bright as it forges ahead in the new millennium.

Sincerely,

Hajji, Dr. Roshan Khan

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