Think beyond traditional markets, Dr Ramsaroop tells investors

Chief Investment Officer and Agency Head of the Guyana Office for Investment, Dr Peter Ramsaroop, has emphasised the country’s evolving economic landscape and the increasing role of private sector collaboration in shaping the future of Guyana-Brazil trade relations.
Addressing an audience of business leaders, entrepreneurs, and trade officials in neighbouring Brazil, Dr Ramsaroop stated that Guyana’s economy is not only expanding rapidly but is also becoming more diversified and globally competitive.
He noted that while oil and gas have significantly elevated the country’s economic standing, non-oil sectors such as agriculture, infrastructure, logistics, tourism, and manufacturing are poised for substantial growth.
Dr Ramsaroop encouraged businesses to think beyond traditional markets and leverage Guyana’s strategic location and expanding infrastructure to access Caribbean and North American markets.
He further underscored the importance of innovation and technology transfer, urging Brazilian businesses to explore partnerships with Guyanese companies in areas such as agro-processing, engineering, and industrial development.
With improving air and road connectivity, ongoing port expansion, and streamlined trade policies, Dr Ramsaroop described Guyana as an ideal gateway for regional commerce.
“Now is the time for Brazilian businesses to come to Guyana, not just as trade partners, but as investors, collaborators, and industry pioneers,” he stated, reinforcing that the future of bilateral trade lies in strong business-to-business relationships.
The event provided a platform for meaningful discussions, networking opportunities, and strategic business matchmaking, setting the stage for deeper private-sector-driven economic ties between Guyana and Brazil.
As part of ongoing efforts to expand trade and investment between the two countries, Dr Ramsaroop led a key private sector discussion during the Brazil-Guyana Trade Mission in Roraima.
This engagement served as a platform for business leaders from both nations to explore new investment opportunities, foster cross-border partnerships, and discuss strategies to enhance bilateral trade.
The trade mission, led by Foreign Secretary Robert Persaud, is a direct outcome of discussions held between President Dr Mohamed Irfaan Ali and Brazil’s President Luiz Inácio Lula da Silva in Georgetown last year.
It aims to deepen economic cooperation by facilitating engagements between government officials and the private sector across key industries, including agriculture, construction, manufacturing, tourism, logistics, and port development.
During the discussions, Dr Ramsaroop highlighted the transformative impact of Guyana’s expanding infrastructure, particularly the Linden-Lethem Road, port developments, and airport expansions, which will significantly improve trade logistics between the two nations.
He emphasised that Lethem is poised to become a major trade and logistics hub, providing access to a regional market of over 19.5 million people.
“This engagement is not just about enhancing government-to-government relations but about positioning the private sector as the driving force behind the next phase of economic growth. With our growing transport and trade infrastructure, we encourage businesses to seize these emerging opportunities and play an active role in strengthening economic ties with Brazil. The Government of Guyana remains committed to facilitating the necessary policies and incentives to support private sector investment,” Dr Ramsaroop stated.
As part of the trade mission, the Guyanese delegation—including representatives from the Ministries of Foreign Affairs and International Cooperation, Public Works, Tourism, Industry and Commerce, and Agriculture, along with the Guyana Office for Investment—met with the Governor of the State of Roraima, Antonio Denarium.
Guyana and Brazil continue to work towards advancing economic partnerships through mechanisms such as the Partial Scope Agreement, which governs trade between the two countries, and the Guyana-Brazil International Road Transport Agreement (IRTA), aimed at facilitating the increased movement of goods and services.
The trade mission reinforces Guyana’s strategic vision of positioning itself as a regional trade and investment hub while fostering long-term partnerships that drive sustainable economic growth and development.