GCCI recommits to working with new Govt to navigate challenges in Private Sector

Georgetown Chamber of Commerce and Industry (GCCI) Senior Vice President Timothy Tucker recently met with Foreign Affairs Minister Hugh Todd and expressed that the Chamber has long been a staunch advocate of Guyana’s foreign policy, particularly in the area of trade.

He highlighted how the local Private Sector has benefited from the Memorandums of Understanding (MoUs) with countries in which Guyana has an established presence.
According to Tucker, the GCCI is keen to enhance its working relationship with the Government to navigate challenges faced by the Private Sector such as regional barriers to trade.
Minister Todd assured the GCCI executive that President Dr Irfaan Ali understood the challenges faced by the Private Sector and was committed to addressing issues such as barriers to market access promptly.
He added that the President had a vision for diversification and GCCI and other partners had a vital role to play in bringing about the necessary changes.
Further, the Minister stated that agreements such as the recently-inked Framework to Strengthen Energy and Infrastructure Finance and Market Building Cooperation between the Governments of the United States of America and Guyana will help to bolster the sector and provide access to financing.
They also discussed Diaspora engagement, development, and the need for increased engagement between the Government and the Private Sector, as Guyana further developed its trade profile.