Guyana and Azerbaijan are exploring new avenues for economic cooperation, with discussions focusing on investment opportunities in energy, agriculture, infrastructure, tourism, and the digital economy.
The talks took place during a meeting between the Chief Investment Officer and the Head of the Guyana Office for Investment (GO-Invest), Peter Ramsaroop, and Azerbaijan’s Ambassador to Guyana, Elnur Ikhtiyar Oglu Sultanov.
Also present at the meeting was Vugar Huseynli, First Secretary at the Embassy of Azerbaijan in Brazil and Desk Officer for Guyana.
According to GO-Invest, the engagement formed part of ongoing efforts to strengthen bilateral relations and deepen economic ties between the two countries as Guyana continues to position itself as a competitive investment destination.
The discussions examined potential collaboration in energy and energy services, particularly in knowledge sharing on petroleum development and energy infrastructure. Opportunities in agriculture and agro-processing were also highlighted, with a focus on boosting food security and expanding value-added production.
The two sides also discussed logistics and infrastructure development as Guyana continues to expand its ports, highways, and trade corridors in a bid to become a stronger link between South America and the Caribbean.
Tourism and hospitality were also identified as promising areas for investment, particularly eco-tourism, while digital transformation, ICT development, and emerging technologies were flagged as important pillars for future cooperation.
In a statement, Ramsaroop said Guyana’s development strategy is being shaped with a long-term focus on sustainability and diversification.
“Guyana is building an Economy by Design, where our natural resources, strategic investments, and human capital are deliberately aligned to create long-term prosperity,” he said.
He added that partnerships with countries such as Azerbaijan can help Guyana expand trade, exchange expertise, and create new opportunities for citizens, while supporting the country’s President, Dr. Irfaan Ali’s development vision.
GO-Invest said the discussions were aligned with Guyana’s Vision 2030 agenda and the government’s broader push to build a resilient and globally competitive economy.
Director of Economic Affairs Arvinda Ramcharan accompanied Ramsaroop.
The agency said the engagement reflects Guyana’s continued pursuit of strategic international partnerships aimed at attracting investment, encouraging knowledge transfer, building local capacity, and supporting innovation.
