Guyana, T&T MoU aims to upturn status quo

Guyana and Trinidad and Tobago yesterday signed a five-year  Memorandum of Understanding (MoU) which will see the establishment of a high-level bilateral commission and address areas such as non-tariff barriers which have strained relations between the two countries.

The MoU came in the backdrop of a major agricultural conference here and after months of wrangling by government and private sector officials in both countries over trade and prospects in Guyana’s oil and gas sector. Georgetown and Port of Spain vowed that the MoU will challenge the “current status quo” wherever trade is impeded.