Contending that landmark Local Content legislation passed by Guyana for its oil and gas industry appears to violate the CARICOM founding treaty, a regional private sector body is preparing to raise this matter with the government here.
In a move which will largely be seen to be driven by Trinidadian business interests, sources told Stabroek News that members of the CARICOM Private Sector Organisation (CPSO) were notified of the move, even as they were provided with copies of the entire law to peruse for themselves. CPSO also intends to approach CARICOM.
CPSO is an Associate Institution of the Carib-bean Community invited by the Conference of Heads of Government to engage, in a formal and structured manner, with the Organs of the Caribbean Community in an effort to secure the full implementation of the CSME. CPSO is chaired by Gervase Warner, President and CEO of the Massy Group.
