–Ambassador Theriot says, points to over US$4.6B recorded in trade last year, growing number of US businesses in Guyana

AT the 248th Independence Day celebration held at the Pegasus Suites Hotel, U.S. Ambassador to Guyana, Nicole Theriot, praised the robust bilateral relationship and thriving commercial ties between Guyana and the United States.

In her presentation, Ambassador Theriot emphasised the strengthened relationship between the two nations, noting that over 100 U.S. companies are currently operating in Guyana. “Our commercial ties are deeper than ever; just a few years ago, we created a few hundred million US dollars’ worth of goods, but last year we surpassed 4.6 billion USD. We now have over 100 US companies in Guyana, and that number is growing every single day,” she stated.

Ambassador Theriot highlighted the significant contributions of U.S. businesses to Guyana’s economic growth, which sustain the employment of thousands of locals through trade missions, seminars, and interactions between the private sectors. She expressed hope for a better future for Guyana and all Guyanese, facilitated by these economic activities.

The ambassador pointed out that U.S. business ventures in Guyana span various sectors. “Energy is, of course, the key economic driver, but we see activities in the areas of healthcare and education, agriculture, and new US technologies are being adopted by Guyanese firms and the government to make them more efficient and competitive,” Theriot said.

Additionally, Ambassador Theriot acknowledged the construction of numerous US-branded hotels and restaurants in and around Georgetown. She mentioned that the US information technology (IT) office in Guyana is running several programmes aimed at supporting women’s economic security, food security, small business incubation, and institutional strengthening.

The ambassador also affirmed the US support for Guyana’s vision of becoming the food hub of the Caribbean. She explained the US initiative to work with local products such as turmeric, coconut, and West Indian cherries to market both domestically and internationally.

Finally, Ambassador Theriot highlighted the efforts of Peace Corps volunteers from the United States, who are working throughout Guyana in collaboration with schools and government agencies. “They work alongside communities in the critical areas of literacy, health, and the environment,” she noted.

The ambassador’s remarks underscored the deep and expanding partnership between Guyana and the United States, celebrating the shared achievements and future prospects of this enduring bilateral relationship.