The increased presence of Cubans in Guyana has certainly had a noticeable impact on the profitability of some businesses. While the Georgetown Chamber of Commerce and Industry (GCCI) is pleased with this development, the private sector body believes that there is a need for structured mechanisms to regulate the manner in which Cuban nationals conduct business here.

Specifically making this statement recently was President of the Georgetown Chamber of Commerce and Industry (GCCI), Deodat Indar. The businessman noted that almost 12,000 nationals visit Guyana each year. He stressed however that there needs to be a structured system in place to ensure that Cubans are safe, have proper accommodation and that they are not exploited.

The GCCI President said, “We have a lot of Cubans in Guyana with at least 1000 every month.  It’s unregulated to some extent. We believe that this can impact the way they do trade, accommodation, and make sure people (Cubans) are not exploited.”

He also appealed to industry stakeholders to not waste an opportunity that could potentially augment their profits.

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