GEORGETOWN, Guyana, CMC—The Guyana Oil and Fuel Power Chamber (GOGEC) on Friday welcomed the signing of the improved Memorandum of Understanding (MOU) between Guyana and america, saying it “underscores the sturdy and enduring partnership between the 2 nations.”
International Affairs and Worldwide Cooperation Minister Hugh Todd and the US Secretary of State Marco Rubio signed the MoU on Thursday. The 2 nations will work carefully to sort out transnational crime and deter drug trafficking within the Caribbean area.
Extra importantly, there shall be stronger information-sharing channels on artificial drug detection, transnational organized crime investigations and prosecutions, and military-to-military cooperation.
In a press release, GOGEC president Manniram Prashad mentioned the settlement is constructed on shared values, mutual belief, and a dedication to regional peace and safety.
“As Guyana continues to develop its oil and fuel sector, this enhanced MoU may be very well timed and is a vital step in guaranteeing stability and defending Guyana’s territorial integrity. GOGEC applauds the US authorities’s reaffirmed assist for Guyana’s sovereignty and its dedication to addressing safety threats, transnational crime, human trafficking, and cash laundering.
“Moreover, GOGEC acknowledges ExxonMobil as a accountable company citizen whose investments and native content material initiatives have enhanced Guyana’s financial progress.”
GOGEC mentioned {that a} safe and secure surroundings is crucial for continued progress, and “this MoU will contribute considerably to the long-term success of Guyana’s power sector.
“GOGEC stays dedicated to working alongside authorities and business stakeholders to advance Guyana’s sustainable power future and financial resilience,” the assertion mentioned.
