…Antiguan PM to visit Guyana; barriers to trade, investments on the agenda
The Guyana Government has signalled intentions to collaborate with its Guatemalan counterpart – the second-largest sugar producer in Latin America, on fortifying the country’s sugar industry to benefit the wider region.
This came on the heels of the IV Summit of the Heads of State of the Caricom-Central American Integration System (SICA) held in Belize last week.
In a previous statement, it had been announced that President Irfaan Ali had met with Guatemalan President Alejandro Giammattei, to discuss shared issues of trade, investment, and climate change.
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Dr Ali, at a press conference on Sunday, announced that an exchange visit was in the pipeline between the two countries.
It was also revealed that the two Presidents had agreed on the importance of a strong partnership in agriculture, particularly in assisting Guyana to revitalise the sugar industry. There had also been mention of a Memorandum of Understanding (MoU) between the two countries being concluded in the near future.
Speaking on the value Guatemala can add to Guyana’s agricultural push, President Ali pointed out on Sunday that agriculture constitutes 23 per cent of Guatemala’s Gross Domestic Product (GDP), 75 per cent of export earnings and 50 per cent of its labour force.
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Gaston Browne