Guyana, Suriname sign pact to enhance trade

Dr Peter Ramsaroop (left) and Amar Alakhramsing shake hands on the signing. (G-Invest photo)
Dr Peter Ramsaroop (left) and Amar Alakhramsing shake hands on the signing. (G-Invest photo)

The Guyana Office for Investment (G-Invest) and the Suriname Investment and Trade Agency yesterday signed an agreement to enhance trade and Foreign Direct Investment between the two countries.

The Memorandum of Understanding (MoU) formalises a framework for collaboration between the two agencies and was signed by Chief Investment Officer of Guyana and Agency Head of the Guyana Office for Investment, Dr Peter Ramsaroop and  Amar Alakhramsing, Director of the Suriname Investment and Trade Agency, a release from G-Invest said. 

Dr. Ramsaroop hailed the agreement as opportune and progressive.

Alakhramsing, who signed on behalf of that agency, also lauded the agreement that will strengthen collaboration between the two entities and trade between the two nations.

The MoU covers diverse areas of collaboration, ranging from information sharing and research to export and investment promotion. 

The signing occurred during Suriname’s 4th Energy, Oil and Gas Summit and Exhibition which began on Tuesday and will conclude today, in Paramaribo.

According to the Suriname-Guyana Chamber of Commerce, a delegation of 50 from this country representing 22 Guyanese companies and agencies and one Trinidadian company visited Paramaribo for this event.

The companies that were listed were:

1. ActionINVEST Caribbean Inc

2. AFG IT & Business Solutions Inc.

3. Ardant Solutions (Trinidad & Tobago)

4. Amaya Milk Company

5. Atlantic Marine Supplies Inc.

6. Caribbean Motor Spares

7. CCA Guyana Inc.

8. Comfortsleep

9. Dominican Republic Chamber of Commerce

10. Dagron Tours

11. EICCIO Advisors

12. Francis Financial Business and Consultancy Service

13. GISCAD Limited

14. International SOS

15. MBW Energy Support Services

16. M. Sookhai & Co.

17. Pinnacle Solutions Inc.

18. Quality Deliverer

19. Steadfast Logistics

20. SURE GIG INC.

21. The Corentyne Chamber of Commerce

22. Total Property Management

23. Trail Masters Adventure Tours

Around 100 business-to-business meetings were expected to be held.