Guyanese companies to participate in int’l forum in Brazil
– to use opportunity to enhance regional trade, foster new business opportunities
Representatives of Precision Global-Only Coconuts and SS Natural Fruit Flavors are pictured with Chief Investment Officer (CEO) Dr. Peter Ramsaroop and other officials
Several Guyanese companies are slated to participate in LAC Flavors, 2024 – one of the premier food and beverage forums within the region. It is slated to take place in Manaus, Brazil on June 5 and 6, 2024.
Organized by the Inter-American Development Bank (IDB) with support from the Brazilian Trade and Investment Promotion Agency (ApexBrasil), this event seeks to expand and strengthen regional trade by fostering new business opportunities among small enterprises in the food and beverage sector.
Historically, LAC Flavors has facilitated over 23,000 “one-on-one” matchmaking sessions, generating over a billion dollars in both finalized and prospective deals.
This year, two Made in Guyana-certified companies: Precision Global-Only Coconuts, and SS Natural Fruit Flavour, have been selected to participate.
These companies were chosen by the IDB for their export readiness, high-quality marketing materials, and substantial production capacity.
They companies are also expected to meet with several companies from the USA, Peru, Chile, Brazil, Argentina, and Lebanon, who have already expressed interest in their products.
On May 23, Chief Investment Officer (CEO) Dr. Peter Ramsaroop, Head of the Guyana Office for Investment, met with the selected companies to refine their strategies and ensure they are fully prepared for the upcoming forum.
Dr. Ramsaroop has said, “We encourage other businesses to meet with our office for guidance on how we can help get their products to the wider market.”
Moreover, the Guyana Office for Investment, the country’s export promotion body, will be represented at LAC Flavors by its Senior Director of Investment, John Edghill.
He will provide technical assistance to the local companies as part of their meetings with potential partners, buyers, importers, and distributors. The agency will also showcase a variety of other Guyanese products as part of its plan to bolster exports during the forum.
