Guyana Invest (G-Invest) and Invest India, (the National Promotion Agency of India) have agreed to build cooperation by signing a memorandum of understanding (MoU).
The MoU signing took place at The Oberoi Hotel, New Delhi, India on Thursday January 12, 2023, on the sidelines of the Guyana delegation’s visit led by President Irfaan Ali, alongside Dr Rajkumar Ranjan Singh, Minister of State, Ministry of External Affairs, Government of India and Dr. K. J Srinivasa, High Commissioner of India to Guyana.
This MoU was signed by Dr Peter Ramsaroop, Chief Investment Officer of Guyana and Head of G- Invest and Deepak Bagla, Managing Director and CEO of Invest India.
The MoU is a form of mutual commitment in strengthening bilateral investment relations, facilitating foreign direct investment, and aiming at setting a framework to promote exchange of experiences and relevant information, a release from the Department of Public Information said.
“Guyana Invest is pleased to partner with Invest India, the leading investment agency in the world. Prior to this MoU we have been collaborating on areas of capacity building and technical assistance. With this agreement in place we look forward to strengthening our ties as we forge mutual Investment opportunities between our two nations”, Dr. Ramsaroop stated.
Bagla added that, “Invest India is looking forward to collaborate with Guyana Invest to promote mutual Investment and sourcing opportunities between the two nations. With this MoU, we hope to strengthen our bilateral economic relations with Guyana”.
