GEORGETOWN, Guyana, CMC – Bilateral commerce between Guyana and the USA has surpassed US$4.7 billion over the previous yr — a brand new file reflecting the 2 nations’ rising financial ties.
US Ambassador to Guyana, Nicole Theriot, made this revelation whereas addressing the 249th US Independence Day celebration on Friday.
“Over the previous yr, we’ve reached one other milestone. Bilateral commerce in bodily items alone surpassed US$4.7 billion, a brand new file.
“The variety of US firms working with Guyanese companions continues to develop, together with sustained funding throughout many sectors. Since final yr’s occasion, we’ve celebrated many new ventures – from firm launches and grand openings to groundbreaking partnerships,” Theriot mentioned.
President Dr Irfaan Ali hailed the rising commerce and deepening partnership. He underscored Guyana’s dedication to advancing commerce diversification and enhancing market accessibility in key sectors reminiscent of agriculture, expertise, and infrastructure.
“As our nation actively engages in strengthening our framework for bilateral commerce, we proceed to be optimistic concerning the diversification of our commerce relations,” he mentioned, pointing to efforts to spice up home meals manufacturing, improve meals and diet safety, and cut back import dependence,” Ali mentioned.
He additionally highlighted that Guyana’s nationwide agenda is concentrated on lifting communities, strengthening financial progress, and creating alternatives by way of collaboration with companions like the USA.
The partnership between Guyana and the US spans greater than 5 a long time. The 2 nations have labored collectively to construct capability throughout all sectors, together with combating transnational crime, modernizing agriculture, and adopting new applied sciences.
Theriot described the partnership as “far past mere phrases,” referencing important progress in army, safety, and regulation enforcement collaboration.
Now greater than ever, Theriot mentioned, Guyana’s army and safety cooperation is on the “strongest it has ever been.”
The US Ambassador praised latest regulation enforcement achievements, together with coordinated operations between the Drug Enforcement Company (DEA) and Guyana’s Customs Anti-Narcotics Unit that netted 1000’s of kilograms of unlawful medicine final yr.
“Joint operations like these strengthen our collective safety and make Guyana a regional chief and a stabilizing pressure in South America and the Caribbean,” she mentioned.
In a stark warning about transnational threats, Ali pledged to crack down on gold smuggling, which he mentioned may empower undemocratic forces.
“We’re placing monumental assets into guaranteeing that the specter of illicit gold smuggling, which may help to empower or safeguard undemocratic forces, is uprooted with our partnership.”
Ali concluded by reaffirming Guyana’s dedication to a peaceable and secure area and welcomed US assist in strengthening democracy for the upcoming September 1 Common and Regional Elections.
“As Guyana prepares for its upcoming elections, we welcome the assist of the US in guaranteeing a good, clear, and credible electoral course of,” he mentioned.
