Guyana- Suriname Trade Mission important step for the two countries integration – President

 

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Georgetown : President Donald Ramotar has welcomed the high-level Suriname Trade Mission to Guyana, describing it as an important step, not only for business, but for the integration of the two nations.

Addressing members of the local and Surinamese private sectors, at a welcoming reception at the Princess Hotel last evening, the president said that some have often expressed disappointment with the pace of integration, but  stated that it not just the job of governments, rather it will be achieved when real links are forged in the economy.

The development of the two Caricom neighbours which share a border, he added is important to “developing the quality of life for our people”. The private sectors of both nations can build not only partnerships, but also new links and expand their businesses and strengthen them.

The president expressed the hope that more initiatives such as the trade mission could occur across the region. The fact that both countries have large expanses of land and natural resources, and have achieved a measure of food security, could be used to their advantage, he explained.

It was noted that Caricom’s annual bill estimated food import bill of US$4 billion is one area that could see mutual cooperation. He said that during his recent trip to Cuba for the Caricom -Cuba Summit, this estimate was mentioned to President Raul Castro. “I mentioned that if you add Cuba it would be US$5 billion and President Raul Castro said ‘No, put two’ making it US$6 billion that we import in food”.

This is but one area where Guyana and Suriname could pool their resources to impact on the region as a whole.

A suggestion was also made by President Ramotar for some of the trade regimes to be unified, for example to cut down on smuggling and maximise the benefits for the people of both countries. This, he said, could be done for resources such as gold which is non- renewable.

In closing, he indicated that the initiative was indeed welcomed by government and expressed the hope that it would grow from strength to strength.