The trade relationship between the UK and Guyana has surged to £1.9 billion, reflecting a 17.7% increase and making Guyana the UK’s largest trading partner in the Caribbean, responsible for 33% of the region’s trade.
In a significant move to enhance business ties, His Majesty’s Trade Commissioner for Latin America and the Caribbean Jonathan Knott has been advocating for a partnership that promises mutual benefits. This initiative was highlighted at a cocktail reception hosted at the British High Commissioner’s residence on August 20, 2024.
Knott’s commitment to enhancing trade between the UK and Latin America is evident through his leadership of a 200-strong team that has exceeded its targets and fostered a positive climate for business interactions. Reflecting on recent progress, Knott remarked to Stabroek News: “Returning to Guyana after 18 months, I see that our efforts, initiated with a prior agreement with the Guyanese Government, are beginning to bear fruit. The trade statistics are promising, and we aim to further this momentum. We’re working closely with the Guyanese government to realize its vision across various sectors including infrastructure, health, and education by bringing in experienced British companies.”