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Guyana seeking to expand US Private Sector participation outside of oil and gas sector-Ali

While the US private sector has been seizing the opportunity to tap into Guyana’s emerging oil and gas sector, President Irfaan Ali said one of the major goal of his trip in Washington is to get the international private sector to tap into emerging sectors apart from oil and gas since their expertise can contribute to some of the emerging sectors locally.

“We want the US private sector to play a greater role, to go after opportunities, we want all the different department within the United States system to understand the full potential and to participate in unlocking the opportunities that comes with those potentials,” he said.

The Head of State noted that there are tremendous opportunities for partnerships between the two countries' private sectors and added that the engagement he held earlier Monday with US Secretary of State, Antony Blinken focused heavily on supporting the aspirations of Guyana while opening up opportunities for the US private sector.

“What we are looking to do is to expand that participation in all the other sectors, the emerging areas, ensuring that the US is at the table on climate change, on us finding the balance in terms of energy security, working together to deal with transnational crime,” he posited during a conversation with Atlantic Council.

To this end he has assured that Guyana’s relationship will be one that will benefit both the local private sector and citizens.

“We want to see collaboration between the US private sector, the Guyanese private sector…Now it’s time for the two private sector to take the bull by the horn,” the Head of State said in closing.


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