EXECUTIVE Director of the Private Sector Commission (PSC), Mr. Roubinder Rambarran said, yesterday, that the review of the Partial Scope Agreement between Guyana and Brazil should be fully addressed once Brazil’s elections results are finalised. He said the Brazilians are committed to it and the Guyanese hope to start looking at the documentation in late October.
The arrangement has to do with the exchange of tariff preferences, between signatories, on specified products and the aim is to foster bilateral trade flows from the two countries, increase cooperation on related matters, with participation of the Private Sectors.
The Guyana product list includes calcined bauxite, rice, sugar, bottled rum, copra, red pepper, plywood, canned Heart of Palm, wooden furniture, sawn lumber, PVC pipes, corrugated cardboard, paper towels, chemical paper, aluzinc sheets and a wide range of primary agricultural produce.
The Brazilian listing has on it machinery and parts, building materials, such as steel, industrial and electronic equipment, medicines and new tyres.
Rambarran said, during the reviewing, Guyana wants to add more to the number  of exports, among them seafood, flour, fresh fruits and vegetables.
The Partial Scope Agreement follows a Memorandum of Understanding (MOU) on trade and investment, which was signed in 1999 by the Presidents of Guyana, Brazil, Argentina, Paraguay and Uruguay. 
Following 2002 discussions with Brazil, on ways in which the MOU will operate, the Brazilian Foreign Ministry proposed that Guyana consider negotiating a special trade pact, as provided for in the Treaty of Montevideo, which authorises the conclusion of Partial Scope Agreements with non-treaty countries.