Forestry head defends Indian company deal

Almost every new company granted a forest concession exports logs in its first three years and the deal to transfer 1.8 million acres to a start-up Indian logging company will not negatively impact Guyana’s pact with Norway, Guyana Forestry Commission (GFC) head, James Singh says.

“This is a re-allocation of previously issued concessions. It will not have a negative effect on the Guyana-Norway Agreement since the company will have to comply with all of the GFC guidelines for Sustainable Forest Management. The Guyana- Norway Agreement makes it clear that sustainable forestry activities will not be stopped”, he said in a statement to Stabroek News yesterday.

The manner in which 1.8 million acres of forest were transferred last year to Vaitarna Holdings Private Inc. (VHPI), have raised questions with