Suriname and Curaçao to increase economic cooperation with new MOU

Suriname and Curaçao have signed a pivotal agreement aimed at enhancing trade and economic cooperation as President Chandrikapersad “Chan” Santokhi concludes his official visit to the Dutch-speaking territory.

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According to the state-owned Communication Service Suriname, this agreement marks a significant step toward strengthening economic ties between the two nations. The Framework Agreement for Partial Scope Trade was signed by Foreign Affairs, International Business, and International Cooperation Minister Albert Ramdin and his Curaçaoan counterpart Charles Cooper, with President Santokhi and Prime Minister Gilmar Pisas in attendance.

This collaboration is expected to foster mutual growth and development in both countries.

“This agreement is the result of a long process, in which we have worked together intensively and held discussions with the government of Curaçao. It symbolizes a new chapter in our historical and family ties, but especially in our economic cooperation”, said Ramdin.

“When this agreement is implemented, it is essential that we cooperate on a practical level, both between ministers and on a technical level. The success of this agreement depends on our joint efforts to make it work,” he added.

During his visit, President Santokhi held bilateral talks with the Governor of Curaçao, Lucille George-Wout and welcomed the country’s interest in the Surinamese oil and gas production, with special attention to the environmental aspects.

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“The bond between our peoples is inseparable and manifests itself in many ways, especially through the strong presence of the Surinamese community in Curaçao. It is an honour to be here and to deepen the ties between our countries,” he said.

President Santokhi has invited Curaçao to actively participate in the oil and gas sector.

“Suriname is on the threshold of an unprecedented economic opportunity through the commercial development of oil and gas in our territorial waters.

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“Financial institutions in Curaçao can play a crucial role in supporting this growth, especially by responding to the financing needs of Surinamese companies that want to provide services to this emerging sector,” he said.

For her part, Governor George-Wout, who has Surinamese roots, expressed her appreciation for the strong historical bond between the two countries and emphasized the importance of further cooperation in various areas.

“The relationship between Curaçao and Suriname is based on shared values ​​and a shared history. It is now time to explore how we can strengthen those ties, especially in the economic field.”

In addition to oil and gas, other economic sectors were discussed, including trade in wood products, agriculture and tourism.

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