AMCHAM T&T Signs MoU of Mutual Co-operation with AmCham Guyana


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MoU Signing by Presidents of AMCHAM T&T and AmCham Guyana

The American Chamber of Commerce of Trinidad and Tobago (AMCHAM T&T) has entered into an agreement with AmCham Guyana that will provide for the establishment of mutual co-operation between the two organisations. This agreement recognises the value of promoting mutual co-operation to advance the interests of the respective members of each organisation and the promotion of trade and investment in both countries.

The Memorandum of Understanding (MoU) which was signed in Georgetown, Guyana on 6th August, 2021 by President of AMCHAM T&T, Toni Sirju-Ramnarine and President of AmCham Guyana, Zulfikar Ally will explore opportunities for collaboration and set out the respective roles and responsibilities of both organisations in working cooperatively to further the individual and mutual interests of each organisation.

Toni Sirju-Ramnarine, President of AMCHAM T&T said by focusing on building on greater collaboration and cooperation with our stakeholders, AMCHAM T&T is ensuring success in a post-pandemic era for business. “We are delighted to enter into this partnership with our colleagues at AmCham Guyana because moving forward from this pandemic will require more collaboration and cooperation between all stakeholders that are invested in ensuring the ease of doing business in our respective nations,” Sirju-Ramnarine said.

“Entering into this MoU will allow both organisations to leverage our resources and expertise to provide more far-reaching advocacy and leadership on important issues of regional development. Moreover, it will provide a channel for our members to connect and receive support in each country. The work of the two organisations in both countries as well as our membership in the Association of American Chambers of Commerce of Latin America and the Caribbean is focused on the creation of a healthy, safe and robust economic climate that will promote trade and attract foreign direct investment (FDI), improve the ease of doing business, enhance competition, and produce more value-added jobs.”

Speaking at the signing, AmCham Guyana President Zulfikar Ally said, “it is a pleasure to sign this MoU on behalf of AmCham Guyana to enhance business and trade collaboration among the two AMCHAM’s of Guyana and Trinidad and Tobago. We recognize the importance of looking beyond borders and embracing opportunities for regional collaboration, and this MoU will serve to further fast-track this process.

This MoU is an important step towards realizing the shared goals and objectives of both Chambers, and we look forward to partnering with AMCHAM T&T to advance regional initiatives that strengthen the business and economic relations among the chamber and its members.”

The MoU will see the two organisations collaborating and working together, inter alia, in the following areas:

  • To jointly host seminars focusing on key business issues, including but not limited to Health, Safety, Security and the Environment (HSSE), Trade Missions etc;
  • Collaborate to encourage members, within both AmCham membership bodies, to support Corporate Social Responsibility initiatives jointly;
  • To tap into one another’s networks of professional and industry contacts to support the above objectives;
  • Collaborate to build the technical and financial ability and capacity, professional skills and behaviours of the finance, audit and accounting departments in AmCham’s membership bodies, thereby providing benefit to AmCham’s members and by extension, the population of Guyana.