Guyana, Antigua and Barbuda sign MoU on economic cooperation (Reprinted from Newsroom Guyana)
- GEORGETOWN, Republic of Guyana – 20th May, 2022…..The Governments of Guyana and Antigua and Barbuda on Friday signed a Memorandum of Understanding (MoU), providing for economic cooperation in eight areas, including tourism, financial services, agriculture, air transportation and energy.
The MoU was signed at State House in Georgetown by Guyana’s President Irfaan Ali and Antigua and Barbuda’s Prime Minister, Gaston Browne.
The two leaders observed that the MoU is another step in the many collaborative efforts in which Antigua and Barbuda and Guyana have been involved since the governments of the two countries, along with Barbados, launched the Caribbean Free Trade Agreement at Dickenson Bay in Antigua in 1965.
Recalling that Antigua and Barbuda has been home to a significant number of the Guyanese diaspora for decades, President Ali remarked that there is every basis for the strengthening of economic relations between the two countries, bringing benefits to their people.
“This agreement will open opportunities for the private sectors of both countries in several sectors, including tourism in which Antigua and Barbuda is regarded as a world leader”, Prime Minister Browne said.
He added that financial institutions will also be able to cooperate in expanding the range of services offered to their clients.
On regional air transportation, President Ali noted that transportation was identified by CARICOM Heads of Government, who attended the Agri-Invest Forum in Guyana this week as “an important factor in achieving food security in the Caribbean”.
“Therefore, we will closely examine the possibility of collaborating with Antigua and Barbuda in the provision of air transportation as an important element in moving produce from Guyana to other parts of the region.”
The two leaders will establish a Working Group by June 7 with a mandate to examine and make recommendations on ways to implement the areas of cooperation as early as possible. (Modified press release from Office of the President)
President Irfaan Ali (left) and Antigua and Barbuda’s Prime Minister, Gaston Browne
President Irfaan Ali (left) and Antigua and Barbuda’s Prime Minister, Gaston Browne sign the MoU
This story was first published by Antigua News on May 25, 2022: antigua.news/2022/05/25/guyana-antigua-and-barbuda-sign-mou-on-economic-cooperation-reprinted-from-newsroom-guyana. © 2022 Antigua News. Republication without permission is not allowed.
About the author
The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Antigua and Barbuda
View section
Hundreds Caught In Miles-Long Gas Lines As Dealers Protest Increased Margins
Motorists are scrambling for fuel as leading service stations shut their pumps for the second time in weeks, while WIOC’s Friars Hill station reportedly remains the only WIOC location still dispensing gasoline.
By Cory Wayland
Four-Country CARICOM Free Movement Scheme Reports 939 Processed as Antigua Maintains Separate Conditions for TCN Transfers
Antigua and Barbuda remains outside the four-country scheme, while proposing strict limits and safeguards for temporary transfers of third-country nationals from the US.
By Shermain Bique-Charles
Elderly Man Found Dead Inside Ovals Home
Police are investigating after an elderly man was discovered unresponsive at his home in Ovals on Wednesday morning, with no indication of foul play at this stage.
By Cory Wayland
WATCH: Taxi Operators Call for Proper Policing as Minister Freeland Reviews Concerns in St. John’s
Taxi association representatives say vehicles occupying designated spaces and soliciting cruise passengers are affecting operations around Heritage Quay.
By Shermain Bique-Charles
Comments
Be the first to comment.