One of the most rewarding aspects of my job as U.S. Ambassador to the Cooperative Republic of Guyana is to help deepen the commercial and trade ties between our two countries. Given Guyana’s incredible economic trajectory, I am thrilled to see so many U.S. companies partnering with Guyanese firms, and U.S. commercial and trade interest in Guyana continues to grow at an impressive rate.

The American Chamber of Commerce in Guyana (AmCham) is a critical partner in assisting U.S. companies to navigate the Guyanese (and Caribbean) market and to advocate for sound economic policies. I’m proud to see AmCham’s steady growth and expansion to become a leading business service organization in Guyana. Its membership base is varied and growing, representing multiple sectors ranging from energy to education, from franchising to healthcare.

It’s incredibly exciting to do business in the world’s fastest growing economy, and U.S. companies are well aware of this. Export and investment opportunities in the agribusiness, energy, education, healthcare, infrastructure, ICT, security, and tourism sectors are top prospects for U.S. companies interested in Guyana. At the U.S. Embassy, we meet with U.S. companies every single day who are anxious to work with Guyanese partners to do business here.

While Guyana’s economic growth continues to impress, real challenges remain. Some U.S. businesses have reported lengthy timelines for obtaining permits, uncertain government approval processes, entrenched interests obstructing new entrants to the market, and concerns about opaque procurement procedures. It’s important to note, however, that the Government of Guyana has recently launched the Planning and Development Single Window System, which automates the previously inefficient paper-based system for granting permits. This initiative, along with other significant improvements, demonstrates the government’s strong desire to create a more business-friendly environment in Guyana.

AmCham is a vital partner in Guyana’s economic growth and development. It serves as a thought leader in the marketplace and advocates for needed improvements. In addition to meeting with our team at the U.S. Embassy, I encourage all U.S. companies considering doing business in Guyana to engage with and consider joining AmCham. Together, we can make an even greater positive impact for both of our countries!