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Guyana and Trinidad Private Sector Groups Sign MoU

GEORGETOWN, Guyana – The American Chamber of Commerce of Guyana (AmCham Guyana) has entered into an agreement with its Trinidad and Tobago counterpart (AmCham T & T) providing for mutual co-operation between them.

ALLYMANAAmcham presidents Zulfikar Ally (left)and Toni Sirju-Ramnarine sign MoUThey said that the agreement, signed on Friday, recognizes the value of promoting mutual cooperation to advance the interests of the respective members of each organization and the promotion of trade and investment in both countries.

The Memorandum of Understanding (MoU) was signed here AMCHAM T&T president, Toni Sirju-Ramnarine and AmCham Guyana president, Zulfikar Ally, and will explore opportunities for collaboration and set out the respective roles and responsibilities of both organizations in working cooperatively to further the individual and mutual interests of each organization.

Sirju-Ramnarine said by focusing on building on greater collaboration and cooperation with our stakeholders, AMCHAM T&T is ensuring success in a post-pandemic era for business.

“We are delighted to enter into this partnership with our colleagues at AmCham Guyana because moving forward from this pandemic will require more collaboration and cooperation between all stakeholders that are invested in ensuring the ease of doing business in our respective nations,” Sirju-Ramnarine said.

“Entering into this MoU will allow both organizations to leverage our resources and expertise to provide more far-reaching advocacy and leadership on important issues of regional development. Moreover, it will provide a channel for our members to connect and receive support in each country. “The work of the two organizations in both countries as well as our membership in the Association of American Chambers of Commerce of Latin America and the Caribbean is focused on the creation of a healthy, safe and robust economic climate that will promote trade and attract foreign direct investment (FDI), improve the ease of doing business, enhance competition, and produce more value-added jobs,” Sirju-Ramnarine added.

Ally said it is a pleasure to sign the MOU with his Trinidad and Tobago counterpart so as to enhance business and trade collaboration among the two organizations.

“ We recognize the importance of looking beyond borders and embracing opportunities for regional collaboration, and this MOU will serve to further fast-track this process. This MOU is an important step towards realizing the shared goals and objectives of both Chambers, and we look forward to partnering with AMCHAM T&T to advance regional initiatives that strengthen the business and economic relations among the chamber and its members.”

The MoU will allow for the two organizations to jointly host seminars focusing on key business issues, including but not limited to health, safety, security and the environment (HSSE) as well as trade missions.

They will also collaborate to encourage members, within both AmCham membership bodies, to support corporate social responsibility initiatives jointly as well as tap into each other’s networks of professional and industry contacts to support the above objectives;

In addition, the MoU will allow them to collaborate to build the technical and financial ability and capacity, professional skills and behaviors of the finance, audit and accounting departments in AmCham’s membership bodies.

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