No more ‘artificial’ barriers to trade as Guyana, T&T put aside differences

No more ‘artificial’ barriers to trade as Guyana, T&T put aside differences
trade barriers.

Guyana and T&T are among the countries pushing bilateral relationships to dismantle those barriers. President Ali believes that standardising the regulations are important.

“What we want to do is to have the interpretation done for them by the policymakers so no individual can try to interpret a statute outside the interpretation that is given.

“We will have to define a lot of those things so that the subjectivity in the system is removed,” President Ali said.

Aside from this initiative, the two countries have formalised a joint agricultural plan that will see the two countries collaborating in aquaculture, rice, corn, soya, coconuts, agro-processing, livestock production and shade house development.

This follows efforts that started in Guyana, earlier this year, when the two leaders inked a Memorandum of Understanding (MoU) for renewed and enhanced cooperation.

Under this new MoU, the two countries agreed to work with each other in the areas of trade and investment, agriculture and food security, security, energy, infrastructure, sport, tourism and other areas as may be determined.

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