THE Together We Win Business Network (TWWBN) of Guyana and the Chaguanas Chamber of Industry and Commerce (CCIC) in Trinidad and Tobago signed a Memorandum of Understanding (MoU) on Wednesday to increase local business capacity and promote joint investment opportunities.

The signing of the MoU took place at the CCIC’s office at Cumberbatch Street, Chaguanas.

This MoU is the result of the recently concluded Guyana Small and Medium-sized Enterprises (SMEs) Investment Conference held on July 14 -16, 2023 at the Guyana Police Training Centre.

The MoU describes intended cooperation for SME development in both Guyana and Trinidad in areas of trade, business development, strategic alliances, joint ventures, joint investments, and joint internationalisation.

The CCIC is the leading business association in Central Trinidad and is actively serving and representing the interests of its members and the business community through policy advocacy and delivering a wide variety of business programmes, services, and benefits to support business development, growth; connectivity, domestically and internationally; and advance trading, commercial, industrial, professional, agricultural and civic interest of Chaguanas.

The TWWBN has been working assiduously to elevate the quality of products and or services offered by SMEs by providing opportunities for knowledge transference, investments (finance and resources) and partnership opportunities to increase their capacity and competitiveness.

Early last year the TWWBN signed a MoU with the Global Entrepreneurship Network followed by a Memorandum of Cooperation (MoC) with the Alliance of Business Organisations in Suriname.