The Trump administration is all about forcing open overseas markets for U.S. businesses.

Guyana;s Oil Boom
With the oil giant ExxonMobil preparing to drill and export oil off the coast of Guyana, U.S. diplomats are working to empower U.S. businesses to develop industries in the small South American country, where an anticipated oil boom is expected to generate unprecedented profits.
According to the State Department’s 2018 Investment Climate Statement, Guyana is becoming an attractive location for international investors. Future drilling by ExxonMobil “would generate billions in revenue for the country and could potentially transform the social, political, and economic landscape,” the State Department reported.
Given the anticipated oil boom, many investors hope to ride a wave of oil and oil-related wealth to newfound riches. “Foreign investment is likely to greatly increase in the coming years,” U.S. Ambassador to Guyana Sarah-Ann Lynch recently commented. “Guyana has vast untapped resources, so the potential is enormous.” Continue reading
Guyana Institute of Historical Research – GIHR – Online Newsletter – April 2019
DOWNLOAD: GIHR Online Newsletter – April 2019
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