TCL files action in Caribbean Court of Justice over cement CET waiver

TCL Guyana Incorporated has filed an action in the Caribbean Court of Justice (CCJ) against the Guyana government for its failure to apply the common external tariff (CET) on cement sourced extra-regionally. The suit seeks millions of dollars in damages.  

The action, filed on April 3, by Trinidad and Tobago-based Senior Counsel Claude Denbow and associates at the CCJ Headquarters in Port-of-Spain, expects that the first response by the government will be made within a matter of 14 days.