A Jamaican trade mission representing 22 companies explored opportunities with approximately 45 potential business partners targeted in Guyana over the past week.
Industry, Investment and Trade Minister Aubyn Hill leads the delegation made up of public and private sector interests, including representatives of the Jamaica Special Economic Zones Authority (JSEZA) and the Jamaica National Accreditation Agency (JANAAC), which has a presence in 10 CARICOM countries, including Guyana.
“With our two nations currently experiencing economic growth, strategically there are many mutual benefits to explore during this mission to Guyana, where regional collaboration and partnership will be at the heart of the mission’s business engagements,” said Hill.
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A government statement in Kingston noted that Jamaica and Guyana had enjoyed very good bilateral relations over the years, dating back as far as July 1973 with the signing of the Treaty of Chaguaramas and more recently with the planned reactivation of the Joint Commission. Guyana-Jamaica. in 2018.
Hill said key areas of collaboration include agribusiness, financial services, infrastructure, manufacturing and professional services, adding that “the mission will cement business-to-business partnerships that will drive cross-border transactions in investment and trade.” , of mutual benefit to Jamaica and Guyana”.
The Jamaica Promotions Corporation (JAMPRO) supports the department in this mission and, according to its president, Diane Edwards, “this mission is results-oriented, ensuring that the focus is on achieving tangible benefits through strong business matchmaking activities to seal future revenue opportunities.
“The great regional challenge for 2022 is to consolidate the region’s economic recovery and lay the foundations for more inclusive inter-Caribbean growth”.
Managing Director of NCB Capital Markets Limited, Steven Gooden, said the mission to Guyana is indicative of the kind of public and private sector engagements needed to drive nation building and grow the Jamaican economy.
“Ultimately, the business benefits will be widespread. Working with our Guyanese counterparts will also enhance trade, investment and trade in the Caribbean,” he said, adding that “NCB Capital Markets Limited is delighted to play a part in this endeavor and looks forward to the benefits important that it will bring to both regions. ”.