New Delhi (India), August 10: Atul Gupta, Director, Engineers India Ltd.(EIL), Subhas Balakumar, Govt Director, EIL and Vaishagh Menon, Nation Supervisor, EIL together with the officers from EKAA Hrim Earth Assets and INDIA-GUYANA CHAMBER OF COMMERCE (IGCC) paid a courtesy call to the Prime Minister of Guyana, Hon. Brigadier (Ret’d) Mark Anthony Phillips at the Workplace of the Prime Minister, Georgetown, Guyana.
The assembly geared toward strengthening the funding and commerce potential between India and Guyana and intensifying the financial and cultural relations between the two international locations. Throughout the assembly, Mr Sreebalakumar, Joint Secretary, IGCC shared his views on selling the all-round improvement of pleasant cooperation in varied fields between the two international locations, in addition to additional strengthening of participation from private and non-private sectors from each the international locations.
Guyana’s rising funding prospects
In accordance to the IMF, Guyana’s economic system skilled an estimated annual GDP development of a exceptional 62.3% in the 12 months 2022. The nation’s exceptional financial efficiency has drawn worldwide consideration and admiration, making it a standout in the area and the world at giant.
By the finish of 2023, Guyana is predicted to obtain an distinctive milestone with a projected 100% improve in its Gross Home Product (GDP). With President His Excellency Dr Mohamed Irfaan Ali at the helm, the authorities of Guyana has laid out an bold grasp plan for swift improvement and transformation, exemplifying their relentless dedication to turning its imaginative and prescient of speedy development right into a actuality.
Sharing his views, Mr Saju Bhaskar, Secretary, INDIA-GUYANA CHAMBER OF COMMERCE and President & Founder, Texila American College Consortium mentioned: “India and Guyana share a wealthy historical past of cooperation and partnership. As Guyana is on the verge of turning into one of the largest per capita oil producers in the world by 2030 and is amongst the fastest-growing economies in the world, the rising collaboration between India and Guyana could be helpful for each international locations. We firmly imagine that IGCC can play a essential position in boosting the commerce and funding between the two international locations and can function a platform for the companies in Guyana and India to join, community, function and help the financial development of the two international locations.”
About INDIA-GUYANA CHAMBER OF COMMERCE
India-Guyana Chamber of Commerce is an apex bilateral group that’s dedicated to nurturing robust enterprise relationships between India and Guyana. The concept of organising IGCC was conceived contemplating the want to construct stronger financial ties between India and Guyana and promote and facilitate commerce and funding alternatives between the two international locations. The objective of this chamber is to present enterprise individuals in Guyana and India with an area to join, community, and function collectively. Moreover, the chamber additionally works in the direction of creating commerce, funding, and three way partnership potentialities in lots of industries, together with vitality, expertise, and agriculture.
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Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
