Guyana and Suriname Business Chambers Sign MoU to Boost Trade

GEORGETOWN, Guyana – The Suriname Guyana Chamber of Commerce (SGCC) says it has signed a Memorandum of Understanding (MOU) with ta number of private sector organisations including the Berbice Chamber of Commerce and Development Association, Central Corentyne Chamber of Commerce, Upper Corentyne Chamber of Commerce & Industry, and the Region 5 Chamber of Commerce and Industry.

mounder“This strategic alliance marks a significant step forward in strengthening trade relations and enhancing business opportunities between Guyana and Suriname. By fostering a cooperative network, the agreement aims to facilitate a more seamless flow of trade and investment, offering technical  support and boosting regional and global business development through collaborative efforts,” according to a statement issued by the private sector groups.

It said that the MOU was officially signed during a meeting, where the Chairman of the Suriname Guyana Chamber of Commerce, Dr. Vishnu Doerga presented on the current labour situation in Guyana and discussed potential improvements.

“This was followed by a general discussion on how the chambers can better serve their members and increase membership, focusing on creating more value and support for businesses within the territories.

“Additionally, in a significant move to connect Guyanese businesses with opportunities in Suriname, collaborations have been set up to include Guyanese enterprises in a trade mission to Suriname on June 5th – June 9th.”

The statement said that the mission will feature targeted business to business meetings and a visit to the Suriname Energy Oil and Gas Summit (SEOGS), designed to foster direct connections and synergies between businesses across both countries.

The SGCC will also support the CCCC with encouraging Suriname companies to participate in the CCCC’s October Berbice Expo. Attendance to the Berbice Expo will also be encouraged at the SGCC’s October International Business Expo.

The MOU signifies a commitment to increase trade and business relations, as well as working together to promote multilateral trade, offer technical assistance, and encourage investment partnerships between Guyana and other territories.

In addition, the partnership focuses on creating networks to support, promote, and encourage businesses operating in Guyana.

“The MOU is designed to be adaptable, allowing for future adjustments to meet the changing needs of businesses and regions, fostering strong regional collaboration that will be key to driving economic development throughout Guyana and beyond.,” the statement added.