Minister Singh: Guyana-US trade tops US$25B over past decade

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Bilateral trade between Guyana and the United States exceeded US$25 billion over the last decade, with more than half of that total generated in the past two years alone, Senior Minister in the Office of the President with Responsibility for Finance Dr Ashni Singh said at a US-Guyana investment forum in Washington.

Singh made the remarks while representing Guyana at the US-Guyana Investment Enabling Forum, hosted by the Business Council for International Understanding in partnership with the US Department of State, at the US Institute of Peace.

In opening remarks, Singh extended appreciation on behalf of President Dr Irfaan Ali and the Government of Guyana to Deputy Secretary of State Christopher Landau and his team for facilitating the forum, and commended BCIU for organising the event.

Singh said Guyana considers its relationship with the US to be special, rooted in shared values as well as shared interests, and noted the US remains Guyana’s largest source of foreign direct investment and its leading trade partner.

President Ali and his Government remain committed to strengthening and expanding the partnership with the US through deeper investment, trade and commercial ties, Singh said, adding that Guyana wants more US companies to invest and do business in the country and with Guyanese companies.

Guyana’s delegation to the forum also included Foreign Secretary Robert Persaud, Guyana’s Ambassador to the US Samuel Hinds, Go-Invest Chief Investment Officer Dr Peter Ramsaroop, Counsellor in the Caribbean Executive Director’s Office at the Inter-American Development Bank Navita Anganu-Ramroop, and Advisor to the Embassy of Guyana in Washington DC Wazim Mowla.

Senior Minister with Responsibility for Finance, Dr. Ashni Singh

 

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