Guyana, Dominican Republic ink historic cooperation agreements

Guyana and the Dominican Republic have signed six Memorandums of Understandings (MOU) to expand cooperation on energy, agriculture, infrastructure, tourism and security.

The cooperation agreements were signed yesterday during a ceremony held in the Ambassadors Hall of the National Palace in the Dominican Republic.

Guyanese President Dr Mohammed Irfaan Ali and a delegation are visiting the Spanish speaking country for a two day state visit.

One agreement would see the Dominican Republic fund an oil refinery that can process at least 50,000 barrels of oil per day.

The DR would own 51 per cent of the refinery’s shareholdings.


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