Amazon Caribbean noticing negative effects over stalled anti-laundering bill

Amazon Caribbean Guyana Ltd is calling on private sector organisations to voice their concerns about stalled negotiations on the Anti-Money Laundering Bill as these delays are already having adverse effects on its shipments to European markets.

“Transactions are getting more complicated. Business entities have expressed suspicion towards Guyana,” CEO Jean-Francois Gerin said in a press statement. “North American and European customers can quickly boycott products from Guyana once they feel our country is not putting sufficient effort into fighting money laundering or people and drugs smuggling.”

As such, the company, which employs farmers, casual harvesters and other employees, is calling on the Georgetown Chamber of Commerce and Industry, the Private Sector Commission, the Guyana Manufacturing and Services Association and all other organisations representing the private sector to voice their concern about this …..To continue reading, login or subscribe now.



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