On the heels of visa free travel to the United Kingdom and with British Airways gearing up to launch its schedule Guyana service, the British Chamber of Commerce (BritCham) has now been established to boost trade between Guyana and the UK and to promote and establish commercial business opportunities.
Guyana is the UK’s largest trade partner in the Caribbean.
In 2021, Guyana accounted for 21.6% of all of the UK’s trade with the Caribbean. That figure has surged to 45.9% in the past year.
The Brtish Chamber of Commerce in Guyana will be chaired by Guysons Group CEO and UK/Guyanese citizen Faizal Khan, supported by a board of leading business executives with close ties to both countries
“Guyana and the UK have enjoyed a cordial, strong relationship for more than five decades, and the business community between the two nations is growing quickly as Guyana’s economy booms,” Khan said. “There are already significant opportunities for companies in both markets, which we only expect to increase in the years to come. We encourage enterprises based in the UK to join BritCham Guyana so that we can help them understand, navigate and tap into Guyana’s rapidly expanding economy. We also call on Guyanese businesses to sign up to explore opportunities in the large, diverse UK market and partnerships with UK companies and investors.” BritCham Chairman said in a statement.
In addition to the promotion and facilitation of bilateral trade and commerce, BritCham Guyana will foster an open networking environment where companies can engage and discuss issues impacting their businesses and UK-Guyana trade, including events such as member meetings, business breakfasts and seminars.
British High Commissioner to Guyana, Jane Miller, also welcomed the establishment of the Chamber.
“BritCham Guyana offers an opportunity to bring together a rich and diverse network of UK investors, exports, and services with strong governance, world-class standards and experience that complement the ambitions of Guyana’s business community through long term and sustainable partnerships,” said Jane Miller, British High Commissioner to Guyana.
BritCham has promised increased access to and knowledge the two markets, investment opportunities, expert and technical skills, advisory services, a wide range of industry, policy and regulatory insights across sectors, and competitive pricing.
The establishment of the British Chamber of Commerce in Guyana follows the establishment of the American Chamber in Guyana and the Canadian Chamber of Commerce in Guyana.
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