The Georgetown Chamber of Commerce and Industry (GCCI) on Wednesday, July 8, signed a  Memorandum of Understanding (MoU) with the Trinidad and Tobago Chamber of Industry and  Commerce to collaborate for the advancement of bilateral trade between the two countries, and to  address non-tariff barriers affecting the export of Guyana’s products into Trinidad and Tobago.

The MoU was signed by President of the GCCI, Mrs. Kathy Smith, and President of the T&T Chamber,  Mrs. Karen Yip Chuck. President and Chief Executive Officer of the Energy Chamber of Trinidad and  Tobago, Ms. Priya Marajh, and Chief Executive Officer of the T&T Chamber, Dr. Vashti Guyadeen were  also present during the simple signing ceremony in the GCCI’s boardroom.

Underscoring the crucial nature of the agreement, President Smith outlined the objectives of the MoU,  noting, “One of the foundational values of the GCCI is collaboration. This Memorandum of  Understanding is geared towards addressing key issues affecting trade between Trinidad and Tobago and  Guyana—particularly non-tariff barriers. We will work towards actively identifying and resolving barriers  to market access and other challenges, and cooperatively address these for mutual benefit. Through this  MoU, the two Chambers will be working collaboratively on projects to enhance economic and social  opportunities for our respective members and the business communities in the two countries. This  includes sharing research and information on areas that have great potential for development.” These  efforts, she added, will include advocacy among regulatory agencies and key stakeholders.