–outline several areas for enhanced co-operation
THE long-standing relationship between Guyana and China is on a remarkable path, as President, Dr. Mohamed Irfaan Ali and Chinese President Xi Jinping, have not only reaffirmed their commitment to strengthening bilateral lies, but also made plans to increase their trading and investment portfolios.
In a joint statement issued by both nations, it was highlighted that discussions between Dr. Ali and President Xi were fruitful, and opened doors for more collaboration between Guyana and China, in order to generate economic prosperity and alleviate poverty. The two leaders also agreed on regular meetings between both states.
Upon attending the opening ceremony of the 31st FISU World University Games in Chengdu, President Ali and President Xi held in-depth discussions on bilateral, regional and international issues of mutual interest, and shared commitment of the two countries to further deepen and broaden bilateral relations as well as advance co-operation in the multilateral arena.
Apart from applauding the signing of Memoranda of Understanding on the Establishment of an Investment and Economic Co-operation Working Group, they also discussed the implementation of the 2030 Agenda for Sustainable Development, noting that 2023 represents a milestone for its achievement.
With both Heads of State recognising the importance of trade and investment as it relates to developing an economy, the statement said: “Both sides recognised the important value of trade and investment in deepening economic ties and committed to create a favourable business environment to facilitate bilateral trade and investment activities,” adding that they will explore the possibility of expansions in trade in a variety of industries, including agriculture, energy, mining, manufacturing, and services.
President Ali also conveyed his appreciation for China’s support in Guyana economic development, especially in the infrastructure sector.
Moreover, it was said that an analysis will be conducted in order to see where collaboration can be done to bring about development, all while utilising China’s experience, expertise and financial capacity.
As it relates to health, the improvements in healthcare collaboration were praised by both parties. By exchanging knowledge and best practices, the two sides decided to broaden their cooperation in the healthcare industry.
The Chinese medical personnel received praise from President Ali for their work in helping the people of Guyana.
The Belt and Road Initiative, the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative were all praised by the Guyanese side, according to the statement.
The Guyana side also expressed its willingness to talk with the Chinese side and reach an agreement on the Joint Action Plan on Promotion of the Belt and Road Initiative in reference to the Memorandum of Understanding on Co-operation within the Framework of the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative, signed between the two sides on July 27, 2018.
Additionally, the Chinese side commended President Ali for Guyana’s positive contributions to regional and global issues, particularly in the areas of food security, regional integration, and co-operation between China and the Community of Latin American and Caribbean States (CELAC).
In addition to this, the Guyanese President expressed to the Chinese side his belief that both rich and developing nations must pay close attention to promoting food, climate, and energy security for sustained development. Both sides noted that the Global Development Initiative was one framework that could support the implementation of this objective.
