Houston-based business chamber visits

US Ambassador to Guyana Nicole Theriot (standing third from left) with members of the delegation and others. (US Embassy photo)
US Ambassador to Guyana Nicole Theriot (standing third from left) with members of the delegation and others. (US Embassy photo)

The American Chamber of Commerce in Guyana (AMCHAM Guyana) has signed a  Memorandum of Understanding (MOU) with the Bilateral Chamber of Commerce, headquartered in Houston, Texas.

A release yesterday from AMCHAM said that the signing took place during a ceremony on Wednesday evening.

As part of this alliance, AMCHAM Guyana, in conjunction with the commercial arm of the United States Embassy in Guyana, and MHM Holdings, Inc.. hosted a reception on Wednesday evening to welcome a trade delegation from the Bilateral Chamber of Commerce, comprising over 20 US-based businesses specializing in sectors such as energy, oil and gas, engineering, law, banking, and logistics.

Notable companies within the delegation included Champion Foods, Arc Energy, BakerRisk, Andalusian Energy, and Citadel Engineering, among others.

The release said that the MOU was formally executed by Devindra Kissoon, President of AMCHAM Guyana, and Aida Araissi, CEO of the Bilateral Chamber of Commerce. The ceremony attended by US Ambassador Nicole Theriot and Minister of Public Infrastructure Juan Edghill among others.

Kissoon remarked, “This collaboration marks a significant milestone for AMCHAM Guyana and the Bilateral Chamber of Commerce. By joining forces, we aim to create a conducive environment for our members to thrive and to attract foreign investment that will contribute to the economic development of Guyana.”

Araissi,  expressed her enthusiasm about the partnership, stating, “We believe that together we can achieve greater heights. This collaboration opens new avenues for our member companies to explore opportunities in the vibrant Guyanese market.”

The MOU signifies a commitment to mutual cooperation and sets the stage for joint initiatives.