Yesterday the High Commission of the Cooperative Republic of Guyana in New Delhi India convened its inaugural Guyana-India Virtual Trade and Investment Summit 2024. This conference aimed to bring together Guyana and India’s Private Commissions on Trade and Investment, since the opportunities appear to be limitless and within reach
Guyana’s economic boom began with the discovery of oil near the country’s coast. The oil and gas sector contributed considerably to the country’s prosperity, which has now spread throughout the other sectors. Guyana has the world’s fastest growing economy
Mr. Robert Persaud, Foreign Secretary of the Ministry of Foreign Affairs and International Cooperation Guyana, emphasized the potential benefits of joint trade initiatives for the two of the world’s fastest-growing economies. He noted that Guyana will continue to strengthen bilateral ties with India for mutual benefit, as demonstrated by previous efforts.
India’s private sector is particularly interested in the oil and gas, Information and Technology (IT), Agriculture and Pharmaceuticals and Healthcare sectors of Guyana as identified by Mr. Imran Khan, Senior Director & Head – of LAC and Oceana, Federation of Indian Chambers of Commerce and Industry (FICCI).
Mr. Robert Persaud Foreign Secretary, Ministry of Foreign Affairs and International Cooperation, Guyana. Dr Peter Ramsaroop, Chief Executive Officer, Guyana Office for Investment (Go-invest), Mr. Rafeek Khan, Vice Chairman of the Private Sector Commission of Guyana, Mr. Ramsey Ali. President of the Guyana Manufacturing and Services Association, Ms. Shaleeza Shaw, Executive Member of the India-Guyana Chamber of Commerce (IGCC) and Mr. Imran Khan, Senior director and head of LAC and Oceana, Federation of Indian Chambers of Commerce and Industry (FICCI) where all featured presenters at the summit.
The two countries will keep collaborating and forming strategic alliances between locally owned companies in an effort to improve investment opportunities and strengthen bilateral ties.