The success of the growing strategic partnership between the governments and peoples of Ghana and Guyana would hinge, to a very large extent, on the productive participation of the private sector, Ghana’s Vice-President, Dr Mahamudu Bawumia, has stated. 

Addressing a joint consultation meeting between government officials, captains of industry and other private sector players from Ghana and Guyana in Georgetown, Guyana on Monday, 6th December 2021, Vice President Bawumia indicated that though trade between the countries has historically not been very high due to varied reasons, the recent upsurge in economic growth in the respective economies has provided the enabling environment for the private sector to enhance commercial ties between the two countries. 

“It is our expectation therefore that the private sector through an innovative approach would partner with government to create sustainable growth by focusing on the pillars of development for economic prosperity. 

“There is an economic imperative at this momentous occasion in our relationship for the two countries to broaden the scope of our engagements given the commonalities and the synergies in our economics. Areas of possible collaboration include oil and gas; the petrochemical sector, agro-processing and agriculture, education, mining (extractive sector) and tourism. 

“The Ghana Government welcomes the increasing collaboration between private sector operators from the two countries aimed at identifying potential investments and addressing the persistent trade imbalances in our ties.”