The fact that the announcement earlier this month that Barbados will be working with Guyana in a bilateral effort to enhance the Caribbean island’s food security situation attracted minimal public comment across the region was hardly surprising given the outcomes of previous attempts at the level of Caribbean Community (CARICOM) member states to seek to improve the Caribbean’s overall position.
A meeting held on Tuesday March 22 at the Passage to Asia Restaurant in Trinidad and Tobago and addressed by Foreign Secretary Robert Persaud, saw the Guyana Government official make a spirited appeal to Guyanese in the twin-island Republic to return home to help address what he said was the country’s urgent need for 100,000 workers, according to a report in the Trinidad Guardian of Wednesday March 23.
-shipment of shea butter arrives from Nigeria
Even as the mutual pursuits of Guyana and Africa in the realm of oil and gas serve to help forge business and commercial ties between the two, initiatives designed to hasten the pace of that relationship continue to unfold.
With a plan seemingly emerging for the re-fashioning of a Caribbean economy built largely around Guyana’s new-found ongoing emergence as an oil & gas ‘power’ in the hemisphere, President Irfaan Ali has disclosed that his administration is seeking to collaborate with the United Arab Emirates on the creation of a logistics hub for the region.
Adequate opportunities for the aggressive international marketing of Guyana’s agro-processing sector and the promotion of local agro-produce in major foreign markets are still to be created despite the wider efforts of government to promote the country abroad on the back of the emergence of the oil & gas industry, Guyanese award-winning entrepreneur, Sandra Craig, has told the Stabroek Business.
Prime Minister Mia Amor Mottley has called on the World Trade Organisation (WTO) to address inequities in the world trading system that disadvantage small island developing states such as Barbados.
His election to office having coincided with the materialization of the age-old promise that Guyana would one day experience the good fortune of becoming an ‘oil economy’, President Irfaan Ali has been basking in the glow of international media attention as the international business community continues to monitor what has now come to be regarded as a major haven for foreign investment.
Kitco Market Data
Gold Prices for the three day period ending Thursday March 24, 2022
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 959’s trading results showed consideration of $38,988,570 from 85,252 shares traded in 23 transactions as compared to session 958’s trading results which showed consideration of $62,422,141 from 123,474 shares traded in 31 transactions.
Watching the comings and goings of potential investors, all reacting to the opportunities opened up by the country’s ‘oil bonanza’ and their interaction with Guyanese Local Content aspirants offers some interesting insights into the direction in which this country’s development trajectory might be heading.
With countries in South America now attracting increasing attention in the global oil and gas industry, there are indications that they are continuing to push the envelope in order to position their oil resources to become significant game-changers in what, in many instances, are still countries plagued by poverty.
With Guyana’s fast evolving oil and gas sector continuing to attract multi-faceted investor interest, both the government and the private sector are beginning to throw their weight behind the possibility this scrutiny will, in the not-too-distant future, be reflected in a surfeit of attention in the country’s tourism potential.
Energy, ICT, construction and healthcare are listed among the high priority sectors that will feature at this year’s April 12-13 United States/Caribbean Business Conference, according to information released recently by the South Florida District Export Council (SFDEC).
Following its successful rollout in countries across the globe and more recently in Jamaica’s primary education system, Guyana’s schoolchildren will now have access to the Grapho-game literacy app through a collaboration between STEM Guyana and GTT Business Solutions.
Seemingly seriously affected by an intensifying ban by western nations on Russian imports arising out of protests against Moscow’s invasion of Ukraine, Russia-owned tankers have reportedly been reduced to lying idle at sea, hostages to events in the conflict zone and the ongoing diplomatic and political din associated with, hopefully, ending the conflict.