The Georgetown Chamber of Commerce and Industry (GCCI) recently met with representatives from Indonesia to discuss that country’s interest in engaging local businesses in trading in areas including sugar, machinery, footwear, building material and consumer products.
In a press release GCCI said it held discussions with an Indonesian delegation including Second Secretary of the Embassy of the Republic of Indonesia in Suriname Endah Yuliarti Farry on the issue. Farry along with Indonesia’s Honorary Consul in Guyana Sheik Niamatali highlighted several economic benefits of trade and investment ties between the two countries.
Farry said Indonesia is an emerging market economy and ranks among the largest economies in Southeast Asia.
The country has numerous exporters and several trade and investment possibilities.
Niamatali noted that Guyana imports soaps, paper, glass and building material from Indonesia and a significant volume of Guyana’s timber is currently sold into South East Asia and facilitates two-way shipping opportunities regularly.
Chairman of GCCI’s Trade and Investment Committee Clinton Urling noted that Indonesia is one of the few countries to show growth despite the global economic downturn.
The release said GCCI President Komal Ramnauth and GCCI members Shanti Persaud, Raj Singh and Rabindranauth Seenarine also attended the meeting.
