With a large build up of scrap metal in the country following the suspension of its export several months ago, the Government of Guyana has now decided to allow a temporary restart of the export of scrap metal.
Minister of State, Joe Harmon, at his post cabinet press briefing this morning, announced that scrap metal dealers will be given a three-month period to export the scrap metal that they currently have on their hands.
He said once the three-month period expires, the suspension will be back in place as moves continue to establish permanent guidelines that would govern the scrap metal industry.
Scrap metal dealers have been pressing for the lifting of the suspension, expressing concerns about the impact on their businesses.
The guidelines to cover the sector are expected to be finalized and put into place soon. A number of utility companies have been waiting on the guidelines and are hoping that they will be strict and deals condignly with persons caught removing their infrastructure for scrap metal purposes.