Foreign investors need not fear ‘illicit demands,’ ‘shakedowns’ – Trotman

Minister Trotman sharing remarks with the gathering at the Guyana Mining Day Seminar during the Prospectors and Developers Association of Canada( PDAC) Convention 2017-Toronto, Canada, March 5, 2017).

Potential foreign investors seeking to do business in Guyana need have no fear of being confronted by local officials seeking favours of them outside the confines of the formal agreements that might exist between themselves and the Government of Guyana, Natural Resources Minister Raphael Trotman told an audience in Canada during a March 5, Guyana Day forum in Toronto.

In an address that spoke to the theme of “government’s initiatives in relation to exploration and mining in Guyana,” Trotman used part of his presentation to seek to dispel such notions as might exist that the process involved in investment negotiations in Guyana was entangled in a culture of corruption and kickbacks.

“Companies are free to invest, explore and extract our resources without fear of political recrimination or of having illicit demands being made of them,” Trotman declared.