Guyana set to become upper middle-income country –British High Commissioner to Guyana
British High Commissioner to Guyana, James Quinn
British High Commissioner to Guyana, James Quinn

BRITISH High Commissioner to Guyana, James Quinn says that while Guyana has enjoyed nine years of consecutive growth, it should not become complacent, urging the country’s leadership to build on the gains it has made.
Guyana has over the past eight years enjoyed an annual growth of over four per cent.
Speaking at the launch of the sixth edition of the Guyana Business Magazine, High Commissioner Quinn said Guyana, a lower middle income country, is set to overtake Belize and move into the upper middle income category.
This, he said, is a significant development but it is important that Guyana continues on the upward trajectory, creating more wealth and encouraging more investment into the country.

ABIDE BY LOCAL REGULATIONS
The diplomat said investors need to know that they can get the help they need and the investment climate needs to be supportive, but should not be a free pass as they should abide by local regulations.
CORRUPTION
However, he warned about corruption, pointing out that though it cannot be prevented, those who are found guilty should be punished.
The High Commissioner also called on local politicians to work together to pass the Anti-Money Laundering and Countering the Financing of Terrorism Bill at the earliest after the May 11 Regional and General Elections.
“No one wants Guyana to be blacklisted,” he said, noting that he welcomes efforts by Guyana to tackle corruption, but urged all to remain vigilant against persons who want to do bad things.
On a different note, he said the United Kingdom (UK) is open to expanding trade with Guyana, and encouraged businesspersons with queries to visit the local British High Commission office.
The UK has always been a valuable market for Guyana. Guyana exports twice as much to the UK than it imports from the UK.

By Tajeram Mohabir

 

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