The World Trade Center Georgetown and the Embassy of Brazil will host a high-level business forum on May 11, designed to bridge the gap between Guyana’s private sector and lucrative markets within the region.
A statement from the centre said the initiative will facilitate trade and other business opportunities between Guyana and Brazil, and the wider MERCOSUR member countries.
It noted that Brazil is strategically placed to become a major trading partner, as Guyana seeks to penetrate new markets and identify new supply chain sources.
It said that Brazil and Guyana have had a partial scope trade agreement in place for many years, but this remains underutilised by the private sectors on both sides.
The meeting intends to explore opportunities under this agreement, as well as mutually beneficial trade and investment prospects within the MERCOSUR group, of which Guyana is an associate member.
The forum will feature presentations by senior officials from Brazil, including the country’s Director of the MERCOSUR Department in the Foreign Affairs Ministry and the Secretary of Economic Affairs.
Brazil remains strategically positioned, with its diversified economy and global importance as a supplier of food, energy and critical minerals, the statement highlighted.
It said that geopolitical uncertainty, evolving trade relations and strategic competition between major economies are reshaping global capital flows, commodity demand and supply chains.
Strengthening the integration process in Latin America, particularly through enhanced trade, has emerged as a critical imperative for Guyana, the centre stated.
