President Akufo Addo has promised Guyana, free technical assistance following the discoveries of considerable deposits of oil and gas in South American country.
Speaking at a state dinner held in his honour, as part of his official visit to Guyana, President Akufo-Addo indicated that Ghana will offer support to the oil and gas industry in Guyana.
“From my experiences, I believe that Ghana is well equipped to share the dos and don’ts and make available free, quality, technical assistance to you. Hopefully, the proper management of the new revenues will help finance this spectacular development of Guyana.”
As part of his official visit to Guyana, the President indicated that Ghana, following the recent discovery by Aker Energy, can now be considered as a significant player in the oil industry.
The President, therefore, told his Guyanese counterpart, President David Granger that “we should explore promptly the possibility of establishing a joint vehicle to assist in the effective, initial management of oil and gas revenues.”
“With our experiences, I believe Ghana is well-equipped to share with you the dos and don’ts in the area, and make available fee-free, quality technical assistance to you. Hopefully, the proper management of the new revenues will help finance the spectacular development of Guyana,” the President added.
He stressed that since the advent of diplomatic relations between Ghana and Guyana, in 1979, the two countries have not done much to create the relevant legal framework for the conduct of their bilateral co-operation.
In the course of his visit, President Akufo-Addo, thus, indicated the readiness of Ghana to deepen bilateral co-operation with Guyana in the areas of agriculture, energy, trade and tourism.
“I am also glad to see that, on this trip, we have signed an Air Services Agreement, a Visa Waiver Agreement, and a Memorandum of Understanding on Investment, all with the view of strengthening our bilateral relations and establishing a legal framework for doing so,” he said.
President Akufo-Addo was hopeful that, under his and the tenure Ghana and Guyana would continually search for ways to co-operate.
“I have no doubt, that, together, we can forge a new, strong partnership for cooperation between our two nations for the mutual benefit of our two peoples,” he said.
