IBOV 170,653 ▼ 0.79% IPSA 10,947 ▼ 0.71% IPC MEX 66,610 ▼ 0.10% MERVAL 3,202,490 ▼ 0.67% COLCAP 2,312.96 ▲ 0.81% BVL PERÚ 55,516.19 ▼ 1.10% USD/BRL5.15— 0.00% USD/MXN17.53▼ 0.30% USD/CLP935.43▲ 0.58% USD/COP3,336▼ 0.07% USD/PEN3.40▼ 0.25% USD/ARS1,487▼ 0.03% USD/UYU40.19▲ 1.19% USD/PYG6,050▲ 1.28% USD/BOB9.85▲ 1.50% USD/DOP58.61▼ 0.07% USD/CRC449.85▲ 1.48% USD/GTQ7.62▲ 2.24% USD/HNL26.72▲ 1.69% USD/NIO36.62▼ 0.45% USD/VES698.47▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.27▲ 0.88% USD/TTD6.70▲ 0.62% EUR/BRL5.90▲ 0.18% BRENT 77.03 ▼ 1.27% WTI 72.63 ▼ 1.21% IRON ORE 161.91 — — COPPER 6.22 ▲ 2.65% GOLD 4,118 ▲ 1.16% SILVER 59.59 ▲ 2.44% SOY 1,187 ▼ 0.71% CORN 450.75 ▲ 3.68% WHEAT 604.25 ▲ 0.79% COFFEE 300.50 ▼ 9.38% SUGAR 15.00 ▼ 0.73% ORANGE JUICE 153.15 ▼ 5.52% COTTON 79.75 ▲ 4.65% COCOA 6,157 ▲ 8.65% BEEF 237.78 ▼ 0.27% CATTLE 362.30 ▲ 0.46% LITHIUM 72.12 ▼ 2.28% PETR4 39.65 ▲ 3.15% VALE3 72.70 ▼ 4.59% ITUB4 41.89 ▼ 1.27% BBDC4 17.69 ▼ 0.73% ABEV3 15.62 ▲ 0.06% BBAS3 19.53 ▼ 1.01% B3SA3 14.24 ▼ 2.00% WEGE3 45.35 ▼ 1.13% PRIO3 56.42 ▲ 0.34% SUZB3 40.83 ▼ 0.22% RENT3 38.84 ▼ 0.64% AZZA3 17.90 ▼ 1.00% CSAN3 3.75 ▼ 2.34% RAIZ4 0.38 ▼ 2.56% PCAR3 2.71 ▼ 0.37% GMAT3 3.74 ▲ 4.47% PSSA3 52.50 ▲ 1.94% CVCB3 1.22 ▼ 1.61% POSI3 3.78 ▲ 0.53% SLCE3 13.21 ▲ 0.38% NATU3 8.50 ▲ 5.59% BRKM5 6.14 ▲ 2.16% RANI3 7.88 ▼ 0.25% CSNA3 4.67 ▼ 1.48% CMIN3 4.66 ▲ 2.42% USIM5 8.35 ▼ 0.95% GGBR4 22.14 ▲ 1.33% ENEV3 25.50 ▼ 0.66% CPFE3 45.46 ▲ 0.04% CMIG4 10.80 ▼ 1.19% EQTL3 38.65 ▼ 1.25% LREN3 13.71 ▲ 0.44% VIVT3 34.31 — 0.00% RAIL3 13.25 ▼ 1.85% KLABIN 17.16 ▼ 0.06% RAIA DROGASIL 17.32 ▼ 1.59% RDOR3 34.08 ▼ 2.15% HAPV3 9.96 ▼ 2.26% FLRY3 15.41 ▼ 1.03% SMTO3 15.25 ▼ 0.46% UGPA3 29.36 ▲ 4.11% VBBR3 31.65 ▲ 2.56% BBSE3 38.75 ▲ 0.52% BPAC11 53.95 ▼ 1.10% CURY3 31.33 ▼ 7.85% AERI3 2.03 ▼ 0.49% VIVARA 22.17 ▼ 2.21% COMPASS 24.52 ▼ 1.64% VAMOS 2.81 ▼ 2.77% SANB11 25.60 ▼ 1.58% ASAI3 8.49 ▼ 0.47% SBSP3 29.25 ▼ 0.75% WALMEX 49.78 ▼ 0.60% GMEXICO 196.37 ▲ 1.10% FEMSA 224.71 ▼ 0.87% CEMEX 21.36 ▲ 0.71% GFNORTE 187.67 ▼ 0.27% BIMBO 57.03 ▲ 0.62% TELEVISA 9.53 ▼ 0.94% AMX 23.18 ▲ 0.96% GAP 416.00 ▲ 0.19% ASUR 284.69 ▼ 1.45% OMA 236.19 ▲ 0.76% KOF 183.45 ▼ 0.85% GRUMA 284.21 ▼ 0.98% KIMBER 38.72 ▼ 0.82% SQM-B 69,501 ▲ 2.30% COPEC 6,030 ▼ 0.33% BSANTANDER 77.10 ▼ 1.78% FALABELLA 5,880 ▼ 2.00% ENELAM 85.39 ▲ 0.77% CENCOSUD 2,079 ▼ 0.10% CMPC 1,079 ▲ 0.33% BANCO CHILE 185.45 ▼ 1.09% LATAM AIR 25.50 ▼ 2.86% YPF 75,725 ▲ 1.75% GGAL 7,910 ▼ 1.68% PAMPA 5,205 ▲ 0.48% TXAR 665.00 ▼ 1.41% ALUAR 960.00 ▼ 3.03% TGS 9,355 ▲ 0.27% CEPU 2,310 ▼ 0.82% MIRGOR 17,400 ▲ 0.58% COME 45.47 ▲ 2.87% LOMA NEGRA 3,510 ▼ 0.85% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,133 ▲ 1.29% ECOPETROL 15.13 ▲ 3.00% BANCOLOMBIA 80.21 ▼ 1.07% GRUPO AVAL 4.84 ▼ 1.63% CREDICORP 381.47 ▼ 1.29% SOUTHERN COPPER 167.21 ▼ 1.50% BUENAVENTURA 28.36 ▼ 1.90% MERCADOLIBRE 1,809 ▼ 0.23% NUBANK 13.37 ▼ 1.76% XP 15.44 ▼ 3.32% PAGSEGURO 8.77 ▼ 1.46% STONE 10.52 ▼ 1.50% GLOBANT 29.90 ▼ 5.53% TECNOGLASS 43.94 ▲ 1.60% GAP AIRPORT 236.30 ▼ 0.37% ASUR 284.69 ▼ 1.45% OMA AIRPORT 107.30 ▲ 0.12% AMX ADR 26.41 ▲ 0.99% FEMSA ADR 127.80 ▼ 1.31% CEMEX ADR 12.17 ▲ 0.50% PETROBRAS ADR 17.24 ▲ 3.48% VALE ADR 14.05 ▼ 4.36% ITAU ADR 8.16 ▼ 0.85% SANTANDER BR 5.04 ▼ 1.18% AMBEV ADR 3.02 ▲ 0.67% CSN 0.92 ▼ 0.41% GERDAU 4.30 ▲ 0.47% LATAM ADR 54.49 ▼ 3.95% BTC 62,960 ▲ 1.13% ETH 1,755 ▲ 0.71% SOL 78.16 ▲ 0.48% XRP 1.10 ▲ 0.66% BNB 572.15 ▲ 0.68% ADA 0.17 ▲ 0.60% DOGE 0.07 ▲ 0.81% AVAX 6.73 ▲ 4.08% LINK 7.74 ▲ 1.46% DOT 0.83 ▲ 1.07% LTC 44.06 ▲ 1.00% BCH 238.86 ▲ 1.57% TRX 0.33 ▲ 0.92% XLM 0.18 ▲ 0.06% HBAR 0.07 ▲ 2.15% NEAR 1.92 ▲ 1.64% ATOM 1.57 ▲ 0.59% AAVE 88.51 ▲ 0.37% SELIC 14.25% EMBRAER 81.50 ▼ 4.48% EMBRAER ADR 63.42 ▼ 3.87% JBS 11.82 ▼ 3.04% JBS BDR 60.90 ▼ 3.64% MBRF3 15.38 ▼ 2.23% MBRFY 2.91 ▼ 3.96% INTER 5.57 ▼ 0.36% EGX 52,235 ▲ 0.40% USD/ZAR16.35▼ 0.39% USD/NGN 1,375 — 0.00% NIKKEI 67,744 ▲ 1.38% CSI300 4,876 ▲ 2.54% HSI 24,030 ▼ 0.70% NIFTY 24,051 ▲ 0.71% KOSPI 7,292 ▲ 0.62% JCI 5,880 ▲ 0.11% USD/JPY162.30▼ 0.18% USD/CNY6.79▼ 0.15% DAX 25,022 ▲ 0.50% CAC 8,299 ▲ 0.56% FTSE 10,441 ▼ 0.46% MIB 52,254 ▲ 0.84% IBEX 19,313 ▲ 1.09% STOXX 639.09 ▲ 0.50% EUR/USD1.14▲ 0.19% GBP/USD1.34▲ 0.49% SPX 7,483 ▼ 0.28% DJI 52,348 ▼ 1.09% NDX 29,253 ▲ 0.27% RUT 2,956 ▼ 0.88% TSX 34,936 ▼ 0.95% VIX 16.62 ▼ 1.66% USD/CAD1.42▲ 0.08% US10Y 4.5690 ▲ 0.88% IBOV 170,653 ▼ 0.79% IPSA 10,947 ▼ 0.71% IPC MEX 66,610 ▼ 0.10% MERVAL 3,202,490 ▼ 0.67% COLCAP 2,312.96 ▲ 0.81% BVL PERÚ 55,516.19 ▼ 1.10% USD/BRL 5.15 ▲ 0.00% USD/MXN 17.53 ▼ 0.30% USD/CLP 935.43 ▲ 0.58% USD/COP 3,336 ▼ 0.07% USD/PEN 3.40 ▼ 0.26% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.19 ▲ 1.44% USD/PYG 6,050 ▲ 1.28% USD/BOB 9.85 ▲ 46.01% USD/DOP 58.61 ▼ 0.07% USD/CRC 449.85 ▲ 1.48% USD/GTQ 7.62 ▲ 2.24% USD/HNL 26.72 ▲ 1.48% USD/NIO 36.62 ▼ 0.45% USD/VES 698.47 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.27 ▲ 0.88% USD/TTD 6.70 ▲ 0.62% EUR/BRL 5.90 ▲ 0.18% BRENT 77.03 ▼ 1.27% WTI 72.63 ▼ 1.21% IRON ORE 161.91 — — COPPER 6.22 ▲ 2.65% GOLD 4,118 ▲ 1.16% SILVER 59.59 ▲ 2.44% SOY 1,187 ▼ 0.71% CORN 450.75 ▲ 3.68% WHEAT 604.25 ▲ 0.79% COFFEE 300.50 ▼ 9.38% SUGAR 15.00 ▼ 0.73% ORANGE JUICE 153.15 ▼ 5.52% COTTON 79.75 ▲ 4.65% COCOA 6,157 ▲ 8.65% BEEF 237.78 ▼ 0.27% CATTLE 362.30 ▲ 0.46% LITHIUM 72.12 ▼ 2.28% PETR4 39.65 ▲ 3.15% VALE3 72.70 ▼ 4.59% ITUB4 41.89 ▼ 1.27% BBDC4 17.69 ▼ 0.73% ABEV3 15.62 ▲ 0.06% BBAS3 19.53 ▼ 1.01% B3SA3 14.24 ▼ 2.00% WEGE3 45.35 ▼ 1.13% PRIO3 56.42 ▲ 0.34% SUZB3 40.83 ▼ 0.22% RENT3 38.84 ▼ 0.64% AZZA3 17.90 ▼ 1.00% CSAN3 3.75 ▼ 2.34% RAIZ4 0.38 ▼ 2.56% PCAR3 2.71 ▼ 0.37% GMAT3 3.74 ▲ 4.47% PSSA3 52.50 ▲ 1.94% CVCB3 1.22 ▼ 1.61% POSI3 3.78 ▲ 0.53% SLCE3 13.21 ▲ 0.38% NATU3 8.50 ▲ 5.59% BRKM5 6.14 ▲ 2.16% RANI3 7.88 ▼ 0.25% CSNA3 4.67 ▼ 1.48% CMIN3 4.66 ▲ 2.42% USIM5 8.35 ▼ 0.95% GGBR4 22.14 ▲ 1.33% ENEV3 25.50 ▼ 0.66% CPFE3 45.46 ▲ 0.04% CMIG4 10.80 ▼ 1.19% EQTL3 38.65 ▼ 1.25% LREN3 13.71 ▲ 0.44% VIVT3 34.31 — 0.00% RAIL3 13.25 ▼ 1.85% KLABIN 17.16 ▼ 0.06% RAIA DROGASIL 17.32 ▼ 1.59% RDOR3 34.08 ▼ 2.15% HAPV3 9.96 ▼ 2.26% FLRY3 15.41 ▼ 1.03% SMTO3 15.25 ▼ 0.46% UGPA3 29.36 ▲ 4.11% VBBR3 31.65 ▲ 2.56% BBSE3 38.75 ▲ 0.52% BPAC11 53.95 ▼ 1.10% CURY3 31.33 ▼ 7.85% AERI3 2.03 ▼ 0.49% VIVARA 22.17 ▼ 2.21% COMPASS 24.52 ▼ 1.64% VAMOS 2.81 ▼ 2.77% SANB11 25.60 ▼ 1.58% ASAI3 8.49 ▼ 0.47% SBSP3 29.25 ▼ 0.75% WALMEX 49.78 ▼ 0.60% GMEXICO 196.37 ▲ 1.10% FEMSA 224.71 ▼ 0.87% CEMEX 21.36 ▲ 0.71% GFNORTE 187.67 ▼ 0.27% BIMBO 57.03 ▲ 0.62% TELEVISA 9.53 ▼ 0.94% AMX 23.18 ▲ 0.96% GAP 416.00 ▲ 0.19% ASUR 284.69 ▼ 1.45% OMA 236.19 ▲ 0.76% KOF 183.45 ▼ 0.85% GRUMA 284.21 ▼ 0.98% KIMBER 38.72 ▼ 0.82% SQM-B 69,501 ▲ 2.30% COPEC 6,030 ▼ 0.33% BSANTANDER 77.10 ▼ 1.78% FALABELLA 5,880 ▼ 2.00% ENELAM 85.39 ▲ 0.77% CENCOSUD 2,079 ▼ 0.10% CMPC 1,079 ▲ 0.33% BANCO CHILE 185.45 ▼ 1.09% LATAM AIR 25.50 ▼ 2.86% YPF 75,725 ▲ 1.75% GGAL 7,910 ▼ 1.68% PAMPA 5,205 ▲ 0.48% TXAR 665.00 ▼ 1.41% ALUAR 960.00 ▼ 3.03% TGS 9,355 ▲ 0.27% CEPU 2,310 ▼ 0.82% MIRGOR 17,400 ▲ 0.58% COME 45.47 ▲ 2.87% LOMA NEGRA 3,510 ▼ 0.85% BYMA 309.75 ▲ 1.14% TELECOM ARG 4,133 ▲ 1.29% ECOPETROL 15.13 ▲ 3.00% BANCOLOMBIA 80.21 ▼ 1.07% GRUPO AVAL 4.84 ▼ 1.63% CREDICORP 381.47 ▼ 1.29% SOUTHERN COPPER 167.21 ▼ 1.50% BUENAVENTURA 28.36 ▼ 1.90% MERCADOLIBRE 1,809 ▼ 0.23% NUBANK 13.37 ▼ 1.76% XP 15.44 ▼ 3.32% PAGSEGURO 8.77 ▼ 1.46% STONE 10.52 ▼ 1.50% GLOBANT 29.90 ▼ 5.53% TECNOGLASS 43.94 ▲ 1.60% GAP AIRPORT 236.30 ▼ 0.37% ASUR 284.69 ▼ 1.45% OMA AIRPORT 107.30 ▲ 0.12% AMX ADR 26.41 ▲ 0.99% FEMSA ADR 127.80 ▼ 1.31% CEMEX ADR 12.17 ▲ 0.50% PETROBRAS ADR 17.24 ▲ 3.48% VALE ADR 14.05 ▼ 4.36% ITAU ADR 8.16 ▼ 0.85% SANTANDER BR 5.04 ▼ 1.18% AMBEV ADR 3.02 ▲ 0.67% CSN 0.92 ▼ 0.41% GERDAU 4.30 ▲ 0.47% LATAM ADR 54.49 ▼ 3.95% BTC 62,960 ▲ 1.13% ETH 1,755 ▲ 0.71% SOL 78.16 ▲ 0.48% XRP 1.10 ▲ 0.66% BNB 572.15 ▲ 0.68% ADA 0.17 ▲ 0.60% DOGE 0.07 ▲ 0.81% AVAX 6.73 ▲ 4.08% LINK 7.74 ▲ 1.46% DOT 0.83 ▲ 1.07% LTC 44.06 ▲ 1.00% BCH 238.86 ▲ 1.57% TRX 0.33 ▲ 0.92% XLM 0.18 ▲ 0.06% HBAR 0.07 ▲ 2.15% NEAR 1.92 ▲ 1.64% ATOM 1.57 ▲ 0.59% AAVE 88.51 ▲ 0.37% SELIC 14.25% EMBRAER 81.50 ▼ 4.48% EMBRAER ADR 63.42 ▼ 3.87% JBS 11.82 ▼ 3.04% JBS BDR 60.90 ▼ 3.64% MBRF3 15.38 ▼ 2.23% MBRFY 2.91 ▼ 3.96% INTER 5.57 ▼ 0.36% EGX 52,235 ▲ 0.40% USD/ZAR 16.35 ▼ 0.43% USD/NGN 1,375 — 0.00% NIKKEI 67,744 ▲ 1.38% CSI300 4,876 ▲ 2.54% HSI 24,030 ▼ 0.70% NIFTY 24,051 ▲ 0.71% KOSPI 7,292 ▲ 0.62% JCI 5,880 ▲ 0.11% USD/JPY 162.32 ▼ 0.15% USD/CNY 6.7930 ▼ 0.06% DAX 25,022 ▲ 0.50% CAC 8,299 ▲ 0.56% FTSE 10,441 ▼ 0.46% MIB 52,254 ▲ 0.84% IBEX 19,313 ▲ 1.09% STOXX 639.09 ▲ 0.50% EUR/USD 1.1440 ▲ 0.16% GBP/USD 1.3419 ▲ 0.22% SPX 7,483 ▼ 0.28% DJI 52,348 ▼ 1.09% NDX 29,253 ▲ 0.27% RUT 2,956 ▼ 0.88% TSX 34,936 ▼ 0.95% VIX 16.62 ▼ 1.66% USD/CAD 1.4185 ▲ 0.08% US10Y 4.5690 ▲ 0.88%
since 2009
Thursday, July 9, 2026

The Guyanas Business

Guyana and Trinidad Build a Trade Desk to Unblock Honey and Peppers

By · July 9, 2026 · 5 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Trade

Key Facts

The deal. The Georgetown and Trinidad chambers of commerce signed a memorandum of understanding on July 8 to create a joint trade desk.

The timeline. Officials expect the desk to be operational within three months.

The target. Non-tariff barriers, the paperwork and standards rules that block goods even where no tariff applies.

The goods. Early attention goes to Guyanese honey, pineapples and peppers, long restricted in the Trinidadian market.

The context. Guyana expects electricity costs to fall by half under its Gas-to-Energy project, and is building a manufacturing zone at Wales.

The gap. Both countries have belonged to a common market since 1973, yet the barriers persist.

Guyana Trinidad trade has run for half a century inside a common market that was supposed to make trade easy. It is still hard enough that the two countries’ business lobbies have now built an institution whose only job is to write down what is blocking the honey.

The Georgetown Chamber of Commerce and Industry and its Trinidadian counterpart signed a memorandum on the eighth of July committing to a joint trade desk. They expect it running within three months.

The desk will take complaints from businesses, sort them, and decide whether each obstacle needs private pressure or a change in the law. A joint working group will then chase the resolution and record whether it actually happened.

That last clause is the interesting one. Regional trade diplomacy in the Caribbean has rarely suffered from a shortage of communiqués; it has suffered from nobody keeping score.

Guyana and Trinidad's business chambers are setting up a permanent des
Guyana and Trinidad’s business chambers are setting up a permanent desk to document and clear the barriers blocking regional trade. (Photo: Internet reproduction)
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

What actually blocks Guyana Trinidad trade

A tariff is a tax at the border and it is visible. A non-tariff barrier is everything else, and it is not.

It is the licence that never comes, the health certificate the importing country will not recognise, the standard written so that only a domestic producer can meet it. The goods never get taxed because they never arrive.

The chambers named the goods getting early attention, and they are unglamorous: honey, pineapples, peppers. These are the exports of small farmers, which is precisely why they have gone unfixed for years.

Both countries are founding members of the Caribbean Community, established in 1973 and headquartered in Georgetown. A common market has existed on paper ever since.

Why the timing is not an accident

Guyana is about to stop being only an exporter of crude. Its Gas-to-Energy project is meant to cut the cost of electricity by half, and a manufacturing zone is rising at Wales on the west bank of the Demerara.

Kathy Smith, who leads the Georgetown chamber, put the logic plainly. With power costs falling and the Wales zone taking shape, she said, the country is expanding manufacturing from agro-processing to value-added production, and balance in market access becomes crucial.

Read that as a warning as much as a boast. Cheap power would make Guyana a competitor in the kind of light manufacturing its gas-rich neighbour has long supplied.

A country that is about to make things needs somewhere to sell them. The nearest market of any size is the one where its peppers still meet a closed door.

An institution built to outlive its founders

Karen Yip Chuck, president of the Trinidad and Tobago Chamber of Industry and Commerce, framed the desk as a hedge against political memory. Businesses require a permanent mechanism providing continuity, accountability and measurable outcomes, she said.

She noted that earlier cooperation between the two chambers had already settled several commercial disputes and produced a documented inventory of the barriers still outstanding. The desk is meant to make that list permanent rather than personal.

This is a private-sector body doing what governments have not. The chambers will also work together on business intelligence, investment promotion and research, then put evidence-based recommendations to their two governments.

It follows a separate agreement signed earlier this year between the Georgetown chamber and Trinidad’s Energy Chamber, covering the oil and gas supply chain. The head of that body, Priya Marajh, described the aim as mutual: success in one country creating openings in the other.

What Guyana Trinidad trade tells a foreign investor

Two energy economies sit at either end of this arrangement, and they are at opposite stages of life. Trinidad built its industry on natural gas over decades, and its chamber now speaks of trade ties as a two-way hedge.

Guyana pumps more than nine hundred thousand barrels of crude a day and banked almost two billion dollars of oil money in six months. One is trying to hold on to an industrial base, the other to build one.

Whether a trade desk can move that is an open question, and the honest answer is that a memorandum is not a result. The measurable thing is the list, and whether items ever come off it.

Watch for the first barrier formally cleared, and the date it happened. That will say more about the future of Caribbean integration than any summit communiqué issued this year.

What is a non-tariff barrier?

It is any obstacle to importing a good that is not a tax at the border. Licensing delays, unrecognised health certificates and product standards written to favour domestic producers all qualify, and they can block trade completely even where the tariff rate is zero.

Who signed the agreement and when?

The Georgetown Chamber of Commerce and Industry and the Trinidad and Tobago Chamber of Industry and Commerce signed a memorandum of understanding on the eighth of July 2026. Their presidents are Kathy Smith and Karen Yip Chuck respectively.

Which goods are affected first?

The chambers said early attention would go to long-standing restrictions on Guyanese agricultural exports, naming honey, pineapples and peppers. They intend to prioritise the commercially most significant cases and take regulatory questions to the relevant government agencies.

Connected Coverage

French Guiana Joins CARICOM as Associate Member in 2026

Guyana’s Power Line to Halve Electricity Bills Hits 99%

Guyana’s Race to Build an Economy That Outlasts Oil

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.