Political consensus key to preventing abuse of extractive industries by foreigners

Guyana’s extractive industry continues to be dominated by foreign ownership and without true political consensus the country remains vulnerable to exploitation from these foreigners.

This was the consensus of a three-person panel which last evening addressed the question: what can bauxite teach us about oil?

The panel which was convened by Moray House Trust, though sparsely attended sought to engage the public on the issue of the practical management of Guyana’s resources.