Guyana-Suriname Private Sector Business Council to be set up

Guyana’s Private Sector Commission (PSC) and Suriname’s Trade and Industry Association (VSB) have announced a plan to set up a Guyana-Suriname Private Sector Business Council to strengthen economic ties and create a single market and economy between the two neighbouring countries.

The announcement was made via a joint PSC and VSB statement yesterday, following the conclusion of the state visit by Suriname President Chandrikapersad Santokhi.

In the statement, the two private sector bodies noted that they have been witness to the dynamic cooperation between the leaders of Suriname and Guyana relative to the many significant steps taken towards the development of a joint market and strategic business partnerships.

“The PSC and VSB have recognized the intentions of both leaders to strengthen the bilateral relationship between Suriname and Guyana, especially with the involvement of the private sector as the engine for growth and development in both countries. By that fact, all parties have acknowledged that the ideal way of developing our countries is by working towards a single market through collaborative business relations while fulfilling our developmental agenda,” they said.

It is against this background that they declared “a joint effort to establish a Guyana-Suriname Private Sector Business Council,” consisting of key representatives of the private sector, “solely dedicated to the strengthening of economic ties and initiatives regarding our shared interests and the creation of the envisioned single market and economy.”

“Notably, this initiative will birth a vibrant and improved level of partnership and cooperation between Guyana and Suriname,” the statement added, while observing that the two countries have always enjoyed excellent people-to-people and business relations..