Caribbean & International

Guyanese businesses challenged to step up and take advantage of oil sector

The inaugural Guyana International Petroleum Business Summit opened this morning at the Georgetown Marriott, with a call for more Guyanese businesses to prepare themselves for the benefits that the oil sector will offer. Delivering the feature address, Minister of Natural Resources, Raphael Trotman, told the more than 700 delegates gathered that the time is now […]

Venezuela wants continuation of Good Officer’s process as it rejects UN decision

The Government of Venezuela has rejected the decision by the Secretary General of the United Nations to refer the territorial controversy case to the International Court of Justice. In a statement issued on Wednesday, Caracas said it prefers another shot at the Good Officers’ Process. “It is worth asking the reasons that the International Court […]

Guyana welcomes UN Secretary General’s decision to refer border row to ICJ

The Government of Guyana has welcomed the decision of the Secretary General of the United Nations to refer the controversy between Guyana and Venezuela to the International Court of Justice (ICJ). In a statement issued this afternoon, the Foreign Affairs Ministry said Guyana has always held the view that the ICJ is the appropriate forum […]

BREAKING: Settlement of Guyana/Venezuela border controversy to go to International Court

The United Nations Secretary General has informed the Government of Guyana through the Guyana Ambassador to the United States that the UN has decided to refer the settlement of the Guyana/Venezuela border controversy to the International Court. A number of senior government and diplomatic officials have confirmed the decision to News Source. President David Granger […]

Banks DIH sets $5Billion target for profits by 2022, as it eyes more Caribbean markets

Guyana’s leading conglomerate, Banks DIH Limited, has recorded profits of $4.2 billion for 2017 and is now making moves to get its products on more of the Caribbean markets. At the company’s annual general meeting on Saturday, shareholders were told that Banks DIH products can now be found across the United States, particularly in New […]

Caribbean Nations Security Conference opens in Guyana with focus on cooperation

Army Generals along with Defense and Public Security Leaders from across the Caribbean Region and beyond are currently meeting in Guyana for the annual high-level Caribbean Nations Security Conference (CANSEC). The Conference, now in its 16th year, will seek to examine threats to the region’s stability, share information about operations and strategies, and define avenues for […]

Barbados, St. Lucia and Trinidad and Tobago among 17 countries blacklisted by EU as tax havens

(BBC)  The European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South Korea. A “watchlist” of 47 countries promising to change their tax rules to meet EU standards has also been issued. The “grey list” includes several with UK links, including Hong Kong, Jersey, Bermuda and the […]

Guyana and Trinidad & Tobago agree to renew and enforce major trade and investment agreement

Guyana and the Twin-island Republic of Trinidad and Tobago are moving to renew and enforce a dormant framework agreement which will allow for, among other things, bilateral cooperation in trade investment and petroleum extraction. The 1999 agreement which had been renewed over the years was never enacted. However, President David Granger and Trinidad’s Prime Minister […]