A memorandum of understanding will soon be signed between Guyana and Suriname, paving the way for rice trade in the Caribbean market. According to the Ministry of Agriculture today, once the MOU is signed, transfer of technical resources between the two countries will begin and hopefully Guyana will start exporting it’s paddy to Suriname.
Suriname’s rice industry has been declining and with the recent success in the local industry, with high output targets, the country is expected to benefit from technical assistance. Guyana can make use of Surname’s milling capacity while both countries strengthens the industry to make it more viable and competitive. One immediate result from the link will be to penetrate the Caribbean market. During his visit here, President Desi Bouterse said that if the two countries combine resources, they could be large food suppliers to the Caribbean.
