GEORGETOWN, Guyana – The Guyana/Suriname Business Council has been established.
This was revealed on Saturday in a joint statement from the Private Sector in Guyana and Suriname, following a recent announcement of plans to strengthen bilateral relations, allowing for the Private Sector Commission (PSC) of Guyana and the Suriname Trade and Industry Association to also realize the importance of the involvement of the private sector.
The PSC and the VSB said the established Business Council, consisting of key representatives of the private sector, is solely dedicated to strengthening economic ties and initiatives regarding the shared interests and the creation of the envisioned Single Market and Economy.
Chairman of the PSC Paul Cheong described the occasion as historic.
“The relationship with Suriname is necessary. There are many synergies that we can achieve”, Cheong said.
The two private sector bodies said they would find opportunities to collaborate in the various sectors. With the assistance of the Guyanese and Surinamese governments, they will work on removing all barriers for the realization of efficient bilateral trade.
When we come next time, we will not come with a list of issues, but with a detailed strategy, ” VSB Chairman Bryan Renten said.
The first official Council Meeting was held last week where ambitious but necessary targets and a meeting agenda for the next 12 months were set.
The next council meeting is slated to be held in Guyana in May, after which bi-monthly meetings will be held.
The Business Council will have joint leadership with Renten elected Chairman for the first six months, after which the Chairmanship will be handed over Cheong for the next six months.
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