Dear Editor,
The Government of Guyana will have to pay the local subsidiary of Trinidad Cement Ltd (TCL) two-thirds of their legal costs in a case the company brought about imports of cement being allowed into the country from non-Caricom sources without the Common External Tariff (CET) being applied. TCL took their case to the Caribbean Court of Justice (CCJ) which adjudicates in regional trade matters and won its case against the Government of Guyana.
What the government should have done is to pursue other Caribbean countries which import rice from outside the region waiving the CET despite Guyana’s ability to supply them.
I do hope that the government has learnt its lessons and does not waste taxpayers’ money by not upholding the principles of the Caribbean trade agreement.
Yours faithfully,
B Persaud
