In a major step in direction of fostering nearer ties, Guyana and the British Virgin Islands (BVI) are on the verge of signing a memorandum of understanding (MoU) to facilitate visa-free journey between the 2 nations.
BVI Premier Dr. Natalio Wheatley revealed this improvement on Monday throughout an interview with Guyana’s Division of Public Info (DPI), held alongside the forty sixth Common Assembly of the Convention of Heads of Authorities of the Caribbean Group (CARICOM) in Georgetown.
Recognizing shared ties and financial potential
Highlighting the longstanding relationship between the 2 nations, Premier Wheatley emphasised the need of eliminating visa necessities, notably in mild of Guyana’s burgeoning financial system and plentiful sources.
“It solely is sensible for us to type stronger financial ties with these nations, particularly when you’ve gotten a nation like Guyana which has so many pure sources, advantages, and benefits that we may benefit from as a territory. Simply as how Guyanese nationals have been capable of profit from working from throughout the BVI financial system,” he acknowledged.
Premier Wheatley underscored the impediments posed by visa restrictions within the path of nurturing financial and cultural bonds between nations.
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Strengthening financial relations
The BVI has been actively pursuing avenues to reinforce financial cooperation with Guyana.
Final July, a delegation of 16 members from the BVI visited Guyana with the goal of advancing discussions on commerce, funding, and collaboration.
Outstanding delegation and substantial progress
Led by Deputy Premier and Minister for Monetary Companies, Labour and Commerce, Lorna Smith, the visiting delegation included notable figures corresponding to Everlasting Secretary Petrona Davies and Junior Minister for Agriculture and Fisheries and Commerce, Dr. Karl Dawson.
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Premier Wheatley counseled the efforts of the deputy premier in spearheading the mission to Guyana, noting the numerous advantages accrued thus removed from the engagement.