1. UNIDO WORKSHOP LAC – E URASIAN E CONOMIC U NION - BRICS COUNTRIES “ STRENGTHENING INTERNATIONAL ALLIANCES IN THE GLOBAL MARKET” Uchenna Gibson Senior Export Promotion Officer July 15th – 17th, 2015

2. Content  Background / Country Information  Main Exports  Opportunities for EEU and LAC Cooperation  Export Instruments, Incentives, Mechanisms  Investment Instruments  Useful Links

3. Background/Country Information Full Name: Cooperative Republic of Guyana Area:82,978 square miles Location:Northern South American, bordered by Venezuela, Brazil and Suriname Population:768,095 Capital City:Georgetown Nationality:Guyanese Language:English Literacy:98.8% Currency:Guyana Dollar GDP Per Capita:Purchasing Power Parity (US$5,300) Exchange Rate:US$1.00 = G$203.00 Head of State:H.E. David Granger Prime Minister:Hon. Moses Nagamootoo

4. Main Exports  Sugar  Rice  Fresh and Processed Foods  Rum  Bauxite  Lumber

5. Opportunities for EEU and LAC Co-operation  Importation of Machinery and Equipment for our processing Sector - List of Suppliers.  Export of our products- Trade Mission from Guyana with samples

6. Export Instruments  Trade Information  Participate in National and International Trade Expositions  Expeditiously address problems faced by exporters  Information packages, seminars and training programmes  Inward Missions  Matchmaking

7. Export Instruments Export Allowances for Non-Traditional Exports to Markets outside of CARICOM – the amount deducted depends on the proportion of Export Sales to Total sales. e.g. 10% - 20% (deduct 25%)

8. Investment Instruments  No Foreign Exchange Control  Unlimited Carryover of Tax Losses from Previous years  Accelerated Depreciation on Machinery and Equipment fpr Tax purposes  Benefits of Double Taxation Treaties with the UK, Canada and CARICOM countries  Tax Holidays  Waiver of Customs Duty, Excise Tax and Value Added Tax on machinery, equipment and vehicles for projects

9. Useful links  Guyana Office for Investment www.goinvest.gov.gy  Guyana Marketing Corporation www.newgmc.com  Forest Products Development & Marketing Council www.fpdmcguy.org