THE Guyana Manufacturing and Services Association (GMSA) has acknowledged the recent Executive Orders issued by the United States Government to reduce the scheduled reciprocal tariff rate on Guyanese exports from 38 per cent to 15 per cent.

The GMSA, in a press release on Friday, extended its sincere appreciation to the Government of Guyana for its active engagement and representation throughout the negotiation process.

It further acknowledged that discussions are ongoing and expressed its full support for continued diplomatic and trade efforts aimed at securing additional tariff reductions.

“The GMSA remains committed to advocating for the interests of local manufacturers and service providers and will continue to work with national and international partners to unlock new trade opportunities for Guyanese businesses,” the association said.