Guyana, Suriname form ‘Business Facilitation Unit’

His Excellency Dr. Mohamed Irfaan Ali today announced the formation of a ‘Guyana/Suriname Business Facilitation Unit.’ President Ali made the announcement during a joint press conference with Suriname’s President, His Excellency Chandrikapersad Santokhi, during his first State visit overseas.

Dr. Ali said the objective of the Unit is to cushion the effects of the pandemic on both countries to ensure their economies are not left behind post-COVID-19. He added that both countries recognise the importance of engaging the private sector for the growth and development of their people.

“We have agreed to the creation of Guyana/Suriname Business Facilitation Unit to manage and facilitate collaboration between our private sectors. The council will also promote investment and business opportunities for agriculture, tourism, fisheries and other sectors,” President Ali said.

The President said it is important that there are synergies in the two countries’ collaboration, especially in the petroleum sector. This, he said, will facilitate more local content and resources flowing into both economies despite being small nations.

“We have shared opportunities ahead, opportunities that can only be realised if we have greater cooperation, collaboration and integration. This is what will lead to lasting sustainable relationship that will ultimately benefit the people of our country,” the Head of State said.

President Ali said he looks forward to advancing bilateral relations with Suriname. The two countries established diplomatic ties on November 25, 1975.