Guyana, Canada ink MoU to boost investment

Mary Ng, Canada’s Minister of International Trade, Export Promotion, Small Business and Economic Development speaking at a cocktail reception last night.

With investment interests from Canadian businesses accelerating since oil was found here, Guyana and Canada yesterday signed a Memorandum of Understanding (MoU) that will see them working together for investments across a wide range of business ventures.

“We see this really as an important step being taken that will lay the foundation for closer economic and commercial ties for Guyana and Canada, but notwithstanding the significance of this step, we see it as but one step in what we anticipate will be a journey comprising many more steps and steps we would like to take as quickly as possible,” Senior Minister in the Office of the President with Responsibility for Finance Dr Ashni Singh yesterday said at the signing of the MOU, which was held at the Office of the President and witnessed by President Irfaan Ali and his Cabinet.