Georgetown: The Private Sector Commission (PSC) held fruitful talks with Minister James Duddridge MP, Parliamentary Under-Secretary of State of Britain’s Foreign and Commonwealth Office recently. The Minister was on a brief visit to Guyana and requested a meeting with the Private Sector Commission. He was accompanied by British High Commissioner, Greg Quinn.
Discussion with the Minister covered a range of matters including taxation and unemployment in Guyana and growth of the country’s economy in the context of its enormous potential and natural resources. The PSC Executives also commended the British Government for their assistance in the realm of security and expressed the hope that their assistance would be continued.
On the question of the future of the Economic Partnership Agreement if Britain discontinued its membership of the European Union, Minister Duddridge assured the Executives that current arrangements would continue unchanged for at least two years.
With respect to the matter of Guyana’s future oil and gas industry, the PSC expressed confidence that steps would be taken to prevent ‘Dutch Disease’ whereby other industries were neglected in favour of the oil sector.
Minister Duddridge’s visit was the first by a Minister of the Foreign and Commonwealth Office since 2002.
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