Trade between Guyana, China grew by 123% last year

Guo Haiyan

In 2021, trade between Guyana and China grew by 123% to US$710m and over the last ten years it has increased nearly four-fold with Chinese investment changing the look of Guyana and improving the livelihoods of its people, according to Beijing’s Ambassador here, Guo Haiyan.

The ambassador in her message to mark the fiftieth anniversary of the establishment of diplomatic relations between the two countries on June 27, 1972 also noted that in 2018 the two countries signed a memorandum of understanding on Beijing’s Belt and Road Initiative which she said has injected new impetus into the mutually beneficial cooperation between the two sides.