Teams representing the Government of Guyana and Barama Company Limited (BCL), last week, held discussions on the Company’s request for a renewal of its Investment Development Agreement, which will expire in October.
A release from the Ministry of the Presidency on Monday said that the Government’s team comprised representatives from the Ministries of Natural Resources, Indigenous People’s Affairs, Business and Public Infrastructure, along with the Guyana Revenue Authority and the Guyana Forestry Commission.
The release said that the Government expects to benefit from expert advice from the International Institute for Environment and Development to help inform its decision. Formal talks on the matter will commence later this