 Business in Guyana, Cayenne
Syllabus of the Subject: Foreign Trade and Business in Guyana -
Cayenne. Guyanese Economy
- Introduction to Guyana
- Business in Cayenne
- Guyanese Economy
- Guyanese Foreign Trade (Import, Export)
- Business Opportunities in Guyana
- Access to the Guyanese Market
- Business Plan for Guyana
Preferential access and Free Trade Agreements (FTA) de Guyana:
- Guyana and the Caribbean Economic Area
-
Association of Caribbean States (ACS)
-
Caribbean Community (CARICOM)
- CARIFORUM-European Union (EU) Economic Partnership Agreement
-
Colombia-CARICOM Agreement (Guyana)
- CARICOM-Dominican Republic Free Trade Agreement
-
Costa Rica-Caribbean Community Agreement (Guyana)
- Caribbean Basin Initiative
- United States-Caribbean Basin Trade Partnership Act (CBTPA)
- Caribbean-Canada Trade Agreement (CARIBCAN)
- Latin American and Caribbean Economic System (SELA)
- Union of South American Nations (UNASUR)
- Guyana is am associated state to the MERCOSUR (Argentina,
Brazil,
Uruguay,
Paraguay).
- Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
The objectives of the Subject «Doing Business in Guyana» are the following:
- To analyse the Guyanese economy and Foreign Trade (Import, Export, FDI)
- To explore the Business Opportunities in Guyana
- To analyse the trade relations of Guyana with the country of the student
- To know the Free Trade Agreements of Guyana
- To develop a business plan for the Guyanese Market
Sample of the Subject - Doing Business in Guyana:

Description of the Subject - Business in Guyana:
Guyana.
- Guyanese: Capital Cayenne
- Borders of Guyana: Brazil,
Suriname and Venezuela
- Area of Guyana: 214.969 square kilometres
- Territorial tensions with
Venezuela for the control of the so-called Guyana Esequiba (74% of the
territory of Guyana)
- Territorial tensions with Suriname for the control of the so-called
Tigri Region (7% of Guyana's territory).
- Population of Guyana: 800,000 inhabitants
- Guyanese Population density: 3.65 inhabitants / square kilometres
- 50% of the population are Indo-Guyanese (originally from India)
- 40% of the population has an African origin (African Diaspora)
- Official language of Guyana: English
- Local languages:
Caribbean, Guyana Creole
- Spanish and Portuguese are widely used
- Abolition of Slavery in Guyana: 1846
- Main rivers: Esequibo and Demerara
- Guyana's climate: equatorial-tropical
- First inhabitants of Guyana: Arahuacos and Caribes
- 1594: Spanish colonisation: 1594
- Control of Guyana by the Dutch and the English
- 1831: British Guyana
- Guyana became independent from the United Kingdom in 1966
- Official name: Cooperative Republic of Guyana
- Government Type: Semi-Presidential Republic
- Guyana belongs to the Commonwealth of Nations (Queen: Elizabeth II of
the United Kingdom)
Main religions in Guyana:
- Christianity:
57 % of the Guyanese population
- Hinduism:
24% of the Guyanese population
- Islam:
7% of the Guyanese population

Guyana belongs to the:
- Caribbean Economic Area of the Western Civilisation
- Economic Area of the Hindu Civilisation
- Economic Area of the Islamic Civilisation
Guyanese Economy.
- Guyanese GDP: 6,093 million dollars
- GDP per capita of Guyana: 7,919 Dollars
- 2007: the Inter-American Development Bank forgave Guyana's debt
- The main Guyanese economic activity is the agriculture: rice,
vegetables, tubers, citrus, coconut
- Aluminum industry, based on the important bauxite deposits
- Diamond, gold and manganese deposits
- Guyana has important forest resources (woods)
- Budding textile industry
- Guyanese currency: the Guyanese dollar (GYD)
- Country code top-level domain of Guyana: .gy
Guyanese Foreign Trade
- Guyana's main exports are: sugar (28% of exports), cocoa,
coffee, gold, bauxite, rice, shrimp, molasses, rum, wood, citrus.
- Guyana Sugar Corporation (GuySuCo) is one of the largest companies
in Guyana, exports sugar
- Important shrimp export
- Guyana's main imports are: manufactured goods, machinery, oil and
food
- Main trading partners: Canada, the United States, the United Kingdom, Portugal, Jamaica,
Trinidad and Tobago, China,
Cuba, Singapore, Japan, Brazil and Suriname
- Agreement with Venezuela for oil importation (PetroCaribbean)
International Transport and Logistics in Guyana:
- Main seaport: Port
of Cayenne, on the Demerara River estuary
(navigable)
- River ports at Essequivo, Everton, Port Kaituma and New Amsterdam-Lindem.
- 7,970 kilometres of roads (590 kilometres are paved)
- Driving on the left
- 187 kilometres of railway lines
- Cheddi Jagan International Airport



Economic Organisations, Guyana is a member of...
- Organisation of American States (OAS)
- Economic Commission for Latin America and the Caribbean (ECLAC)
- Inter-American Development Bank (BID)
- Community of Latin American and Caribbean States (CELAC)
- European Union-CELAC Summit
- Africa-South America Summit (ASA)
- Summit of South American-Arab Countries (ASPA)
- Organisation of Islamic Cooperation (OIC)
- Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation
- Islamic Centre for Development of Trade
- Islamic Chamber of Commerce and Industry
- Statistical, Economic and Social Research and Training Centre for Islamic Countries
- Cairo Declaration on Human Rights in Islam
- International Maritime Organisation (IMO)
- Commonwealth
- United Nations (UN)
- World Bank
(WB)
- World Trade Organisation (WTO)
- International Monetary Fund
(IMF)
- ...

(c) EENI Global Business School (1995-2021)
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