As markedly ramped up bilateral ties between Guyana and Suriname arising out of their new-found oil resources unfold, relations at the level of the private sector on both sides would also appear to be growing. On February 28 a Memorandum Of Cooperation, Business Development and Investment Promotion was signed two entities from the respective countries, the Together We Win Business Network from Guyana and the Association of Small & Medium-Sized Companies) of Suriname, committing the two sides to a number of initiatives that seek to strengthen relations at the level of the private sector even as Georgetown and Paramaribo move to consolidate relations at the government to government level.
Listed as the “key deliverables” that are expected to materialize out of the pact signed between the two entities are direct trade, business development, strategic alliances, joint ventures, joint investments and joint internationalization including specific strategies to capture the potential of Guyanese and Surinamese in the diaspora. As well as to attract diaspora investments. The two entities have also agreed to “work on knowledge enhancement of their member by offering specific executive training programmes through third parties.”