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Guyana's president in extensive round of investment meetings in London

Friday, November 3, 2006

GEORGETOWN, Guyana (GINA): On the second day of his three-day visit to London to promote investment in Guyana, President Bharrat Jagdeo held a series of meetings with investors, business organisations and British Government officials.

Guyana's President Bharrat
Jagdeo. AFP PHOTO
According to the Guyana High Commission in London, Jagdeo said, “These meetings give us the opportunity to market Guyana to foreign investors, and to point out the valuable business propositions our country presents. As a country, we have often been poor at letting the rest of the world know of the work that we are doing in both the public and private sectors, not only to make our traditional sectors more competitive, but also to diversify and expand our economy into new sectors. It is important that we address this, and let the world know what our country has to offer.”

In pursuit of this objective, Jagdeo met with several major international companies to discuss investment in information and communications technology, aquaculture, infrastructure, tourism and financial services. He also met with Lord Triesman, Parliamentary Under Secretary of State in the United Kingdom’s Foreign and Commonwealth Office.

In discussions with Lord Triesman, various international issues were discussed as well as bilateral matters between Guyana and the United Kingdom (UK). Jagdeo spoke of his Government’s ongoing efforts to enhance Guyana’s competitiveness, and to enable an attractive investment climate, building on the solid macro-economic foundations now in place.

The High Commission said the President and Lord Triesman agreed that relations between the UK and Guyana remain strong and that it is in the interests of both countries to continue to fortify those relations for their mutual benefit. Lord Triesman assured the President of the UK’s continued assistance to Guyana in consonance with the two countries’ bilateral cooperation agenda.

The President and Lord Triesman discussed the Stern Report and Guyana’s unique global assets which could be used to combat environmental degradation.

On security reform, Jagdeo noted that the imminent reform of the police force is a further manifestation of inclusive governance as all stakeholders have been consulted, including the parliamentary opposition and the private sector.

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