Against the backdrop of what is widely believed to be the country’s significant potential to become a major producer of oil and natural gas, Guyana can anticipate support from the United States in building capacity in the creation of structures that would ensure accountability for oil and gas revenues once exploitation gets underway.
An article published in the just released 2015 edition of the annual Georgetown Chamber of Commerce and Industry (GCCI) Investors’ Guide To Doing Business in Guyana and sourced to “the US Embassy in Guyana” discloses that Washington is already working with the government here and with the World Bank and the Inter-American Development Bank “to facilitate Guyana’s participation in the Extractive Industries Transparency Initiative (EITI), a