The Brazil Chamber of Commerce (Guyana) Inc. was launched on Wednesday to strengthen bilateral trade, attract investment and build stronger commercial partnerships between Guyana and Brazil.
The Chamber aims to bridge gaps between businesses in both markets by improving access to market information and helping investors navigate regulatory requirements and cultural differences.
Chamber Secretary Dr Warren Barlow told the launch at the National Library that the organisation would also focus on business networking, training and consultancy services to help companies identify opportunities and overcome barriers to cross-border commerce.
"The launch of this Chamber should not be the conclusion of our discussions. It should be the beginning of a sustained programme of action," he said.
He said the Chamber would pursue sector-specific trade missions, business-to-business meetings, investment matchmaking and a database of commercial opportunities, and would work with Government agencies to address obstacles to trade.
Chamber President Sheik Hassan said his vision is to transform the organisation from a platform for dialogue into a driver of measurable economic development. He pledged to promote joint ventures, trade missions, investment opportunities and public-private collaboration, and to advocate reforms to remove barriers affecting legitimate commerce.
Prime Minister Brigadier (Ret'd) Mark Phillips welcomed the Chamber as an addition to Guyana's growing network of chambers.
"The establishment of this Chamber is timely. It follows the development of closer commercial relations between Guyana and countries such as the United States and Canada, and the strengthening of our links with chambers of commerce across the world," he said.
Brazilian Embassy Head of Trade and Investment Paulo Valença said there was considerable scope for the private sectors to develop stronger relationships.
"Geography, of course, makes us neighbours. But successful business relationships require much more than geography. They require information, contacts, trust, and above all, people and institutions willing to build bridges between the two markets," he said.
Ambassador Neville Totaram, representing the Foreign Affairs Ministry, highlighted the potential for closer economic ties between Guyana and Brazil. He pointed to the Linden-Lethem road corridor and the operationalisation of the international road transport agreement between the two countries as developments that could facilitate trade and connectivity.


