DR delegation explores investment opportunities in Guyana

Officials from the Dominican Republic are in Guyana to explore additional areas for investment and collaboration between the two countries.
Foreign Secretary Robert Persaud met with the DR team at Ramphal House, the Foreign Affairs and International Cooperation Ministry, on Tuesday, and reaffirmed the Government’s dedication to fostering greater collaboration with the Dominican Republic.
“This is a historical moment, and we want to make full use in bringing our people together and looking at the vast opportunities that exist for cooperation, both in the Government-to-Government aspect and in the Private Sector,” he said.
The DR team consists of Vice Minister of Economic Affairs and International Cooperation (Ministry of Foreign Affairs), Hugo Francisco Rivera Fernández; Vice Minister of Internal Commerce (Ministry of Industry and Commerce), Ramón Pérez Peralta; Economic Advisor to the President, Pablo Portes; Coordinator of the Presidential Initiative for Food and Energy Security with Guyana, Tulio Rodriguez; Advisor to the Minister of Foreign Affairs, Ariel Gautreaux; Advisor to the Vice Ministry of Economic Affairs (Ministry of Foreign Affairs), Gia Forastieri; Director to the Northwest region (Ministry of Agriculture), Julio César Estevez; and Director of Rice and Corn (Ministry of Agriculture), Cristino Durán.
The visit of this delegation is expected to set the stage for President Dr. Mohamed Irfaan Ali’s upcoming visit to that country.
Meanwhile, Vice Minister Fernández outlined the commitment of the Dominican Republic Government to strengthening ties with Guyana in a number of areas in forging a sustainable partnership. “We have complementary economies, and we look forward to working together for the future,” he stated.
The delegation has a robust two-day agenda that sees engagements with a number of agencies in advancing fruitful discussion for strengthened collaboration.
President Ali is set to lead a high-level team of Government and Private Sector representatives and officials to the Dominican Republic from August 8–9, 2023.
In June, His Excellency Luis Abinader, President of the Dominican Republic, paid a visit to Guyana, and engaged in discussions with President Ali focused on enhancing bilateral relations, signalling a commitment to pursue greater collaboration in areas of energy, agriculture, tourism, trade, ICT, infrastructure, and industry.
The DR President’s visit to Guyana also saw the signing of bilateral agreements on political consultation, air services, and energy cooperation.
Guyana and the Dominican Republic established bilateral ties in October 1970.