FITCE 2019 | Expo participants show high interest in Guyana and its products

GUYANA participated in the just concluded Florida International Trade Conference & Expo (FITCE 2019) and persons have shown significant interest in the products which the 21 companies from Guyana displayed.

A press release from the Guyana American Chamber of Commerce said that follow up action is to be taken to ensure sustainable markets for these products.
“Additionally, there were also enquiries about other products being sourced from Guyana including lumber, fresh fruits and vegetables, shrimp and gold and diamond jewellery,” the release said.

“While many of the Guyanese exhibitors were able to sell some of their products at the event, the emphasis was on developing arrangements to supply interested companies on an ongoing basis. Some of the products already meet the standards required for import into the US and other major markets, while other products need work done on their packaging and labelling, and in the case of the US certification by the Food and Drug Administration,” said the release.

It said too that there was also interest on the part of potential investors in housing construction, telecommunications, infrastructure development, agribusiness and mining. A number of companies also expressed interest in identifying distributors in Guyana for a range of products.

“Uber, which says it has experienced some challenges entering Caribbean markets, says it is open to looking at the Guyana market while the World Trade Center Association has indicated its interest in setting up a WTC in Guyana and will be pursuing discussions in this regard as early as later this month,” the release said.

“The Guyanese American Chamber of Commerce (GACC) will share these business “leads” with chambers of commerce, the Guyana Manufacturers and Services Association (GM&SA) and the Private Sector Commission (PSC), as well as relevant private companies and government agencies,” says GACC Secretary, Melinda Gordon.

The release said one of the major initiatives being followed up is the possible entry of Guyana’s El Dorado rum into the South African market and the import of wines from that country into Guyana’s market.
Among the participants from Guyana was Denmor Garments Manufacturers Inc., which has previously supplied garments to Walmart, Victoria’s Secret, Russell Athletics and Dick’s Sporting Goods.

The Guyana delegation also participated in a number of workshop sessions including one which included presenters from the US Food & Drug Administration (FDA), the US Consumer Safety Commission and the US Customs & Border Protection (CBP), the release said.

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