GUYANA-AMCHAM signs MOU with US-based private sector group

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GEORGETOWN, Guyana, CMC – The American Chamber of Commerce in Guyana (AMCHAM Guyana) Thursday said it has signed a memorandum of understanding (MOU) with the Bilateral Chamber of Commerce (BCC), a federal contractor for the United States Trade and Development Agency (USTDA).

“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 president Devendra Kissoon.

The MOU was signed by Kissoon and Aida Araissi, BCC chief executive officer, at a ceremony attended by the US Ambassador to Guyana, Nicole Theriot, and Minister of Public Works, Juan Edghill.

“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,” said Araissi, who expressed her enthusiasm about the partnership.

According to the AMCHAM Guyana statement, the BCC seeks to encourage foreign trade missions and investors to the doors of American businesses in the US.

ANCHAM Guyana said that signing the MOU on Wednesday night symbolizes a “new era of collaboration aimed at fostering economic growth, educational advancement, and promoting trade and investment between the two organizations.”

AMCHAM Guyana said the MOU also signifies a commitment to cooperation and sets the stage for joint initiatives that will benefit the members of both chambers.

It said as Guyana continues to emerge as a critical player in the global business landscape, this strategic alliance is poised to impact trade and investment in the country.

In the statement, AMCHAM Guyana said, “Both dignitaries commended the partnership between the two chambers and expressed their support for the continued growth of trade and investment in Guyana.”

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