The Georgetown Chamber of Commerce and industry (GCCI) is seeking to ensure that the recent visit to India by its President, Kester Hutson, better positions it to serve the country’s private sector, particularly through the strengthening of trading links between the two countries. The favoured route, it seems, is to have the local private sector work towards tapping into an existing US$50 billion trade facility between India and the Latin America and the Caribbean.
Having just returned from the August 3-5 Ninth India-Latin America and Caribbean (LAC) Conclave in New Delhi, the GCCI President wasted little time in making public the Chamber’s interest in seeking to ensure that the local private sector benefit from Hutson’s visit to India. It was during his participation in the Conclave in New Delhi that the GCCI President learnt of the extent of the Latin America/India trading relationship which, according to a Chamber release, reached US$50 billion in the Fiscal Year 2022-2023. The New Delhi gathering, which, according to the release, “saw a number of government and private sector representatives marketing the abundance of business opportunities now available in Guyana,” would now appear to serve as a precursor to an energetic effort to ensure that the local private sector maximize the opportunity that now appears to exist for the strengthening of links between the local and Indian private sectors.