We are open, we are ready and we mean business and that’s what we want you to take back from this trip. And just to clarify when I say “we” I am including Guyana’s Private Sector because that’s who really does business in Guyana,” Business Minister Dominic Gaskin said as he welcomed a Trinidad and Tobago (T&T) Trade Mission delegation to Guyana.
A section of the gathering at the opening of the trade mission
The Trade Mission, led by the T&T Chamber of Industry and Commerce CEO Gabriel Faria, comprises 24 companies including those operating in the Information Communications Technology (ICT), real estate development, manufacturing, business support services, financial services, and educational services among other sectors. The Mission aims to foster and build collaborative business relationships to promote the mutual growth and development of both the T&T and Guyana economies, through increased trade and commerce.
Minister Gaskin told the gathering that the Government would observe and respect the provisions of the Revised Treaty of Chaguaramas regarding non-discrimination on the basis of nationality, and the rights of establishment and provision of services.
“Guyana’s strong commitment to regional integration and the Caribbean Single Market and Economy (CSME), as well as our understanding of our obligation under the Treaty are manifested in the success and growth of many Trinidadian companies already in Guyana,” Minister Gaskin pointed out. He explained that visits such as these create linkages between the Private Sector of the two countries and “the confidence that the countries need to increase the levels of trade and investments within the CSME”. The T&T delegation was also aiming to connect with Guyanese enterprises in search of business opportunities to export and develop synergies with Trinidadian and Tobagonian firms in accessing the Trinidad and Tobago markets.
The T&T Chamber had noted in an earlier press release that “with Guyana now poised for considerable economic advancement, it is expected that new service industries requiring additional skillsets and investments will become a reality”.
“Sustainable cross-border trade and business relations will now be the order of the day, opening new opportunities for enterprises in both territories in the sphere of export, import, distribution and investment.”
Minister Gaskin stated that Guyana was working to further improve its ranking on the international index for conducting business.
The Trade Mission concludes today at the Pegasus Hotel.
