Guyana’s President declares that comprehensive policy framework vital to CARICOM’s food agenda

The development of a comprehensive policy framework is critical to supporting ongoing investments, as the Caribbean region moving towards the reduction of the high food import bill.

It was noted that in actuality, the masterplan should set a clear path that will significantly assist local farmers, as well as the regional trade system.

President, Irfaan Ali stressed the point as he delivered remarks during a recent joint media conference with Trinidad and Tobago’s Prime Minister, Dr Keith Rowley.

“It’s not only about increasing the food production; it is not only about getting people involved in agriculture. It is ensuring we develop or have the right policy framework in place, to support the investments we are going to make,” Ali said.

The President emphasized that the framework must also be strengthened to aid the logistics sector across the region, which he noted, is important to advancing the food security agenda.

As such the President pointed out that collaboration has commenced between Guyana and Trinidad and Tobago relative to food security.

It was revealed that the two states have merged their efforts in several areas to prevent any future food shortages.

“We are combining our commitment to removing the barriers, combining the access and the use of technology, combining our education, and research and development systems into one integrated whole, in advancing the food production plan of Trinidad and Tobago and Guyana…,” Ali noted.

It was noted that for example, he disclosed that the tourism ministers of both countries will be pursuing a path that will see the development of new products for existing markets.

Ali stressed that the investments must be thoroughly assessed and bring tremendous benefits to the region. The Head of State noted that the collaborations, will eventually give CARICOM countries the opportunity to collectively and effectively work towards meeting the 25 per cent by 2025 goal.

Further, Guyana and Trinidad and Tobago have signed a Memorandum of Understanding (MoU) on May 22. It was noted that the agreement was inked by Foreign Affairs and International Cooperation Minister, Hugh Todd and his Trinidadian counterpart, Dr Amery Browne.

It was disclosed that the pact provides for renewed and enhanced cooperation in the areas of trade and investment. As such, it is also expected to address non-tariff barriers and other impediments to the flow of goods and services, while pursuing enhanced cooperation in agriculture and food security, energy, infrastructure, security, tourism, education, sport and culture.

Additionally, it was noted that the agreement is anticipated to enhance the sustainable development of both countries and advance the CARICOM Single Market and Economy. Ali has repeatedly outlined the numerous investment opportunities in Guyana, specifically in the food sector. He declared that Guyana has acres of fertile lands, and an abundance of fresh water which are important in the food production system.