Guyana Trade and Investment (GTIS)
Project
Client: United States Agency for
International Development
Website: http://www.gtisproject.com
In June 2004, CARANA Corporation was awarded the Guyana Trade and
Investment (GTIS) project by the United States Agency for International
Development (USAID), which will support the Mission’s strategic
objective of “Environment for sustained growth of value-added
exports strengthened.”CARANA leads a consortium including Economic
Competitiveness Group (ECG) and Citizens Development Corp (CDC).
The GTIS Project is designed to maximize Guyana’s benefits
from international trade agreements and position target firms to
exploit market opportunities. The CARANA approach is based on the
premise that targeted activities focusing on Guyana’s industry-specific
critical success factors can create an environment for sustainable
growth. The project is broken into four key components:
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Component A will organize
industry clusters, identify their key success factors, and
work with institutional actors to help create an export growth
environment.
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Component B will provide
firm-level technical assistance focused on specific factors
(standards, quality management, marketing) that will generate
exports.
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Component C will strengthen the private-public
consultative process and increase civil society support to
enable progressive policy movement. |
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Component D will implement trade capacity
building activities that will assist public stakeholders to
turn existing trade commitments (CARICOM, WTO, bilateral agreements)
into real market opportunities for businesses. |
The GTIS Team will work with a range of local
and regional counterparts, including public sector trade institutions,
private sector business organizations, civil society groups, financial
institutions, CARICOM, and numerous donors with economic growth activities
in Guyana.
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