THE Private Sector Commission (PSC) has welcomed the United States’ commitment to supporting Guyana’s economic and territorial security, as reaffirmed by U.S. Secretary of State Marco Rubio during his visit to Guyana last week as part of his Caribbean tour.

“The PSC…welcomes the unequivocal commitment expressed by the Secretary of State in support of the maintenance and security of the economic stability of Guyana,” the commission stated in a release on Saturday.

The PSC stated that the high-ranking U.S. official reaffirmed the United States’ firm stance against any aggressive threats to Guyana’s territorial integrity, strengthening investor confidence and bolstering trust within the business community.

“The [PSC] at this time, when the Nicolás Maduro regime has openly threatened the annexation of the Essequibo region of Guyana, more than welcomes the unmistakable warning of Secretary Rubio to the Maduro regime of the serious consequences of any hostile actions against Guyana or ExxonMobil’s operations within Guyana’s territorial waters.”

The organisation emphasised the strategic importance of these assurances, noting that they provide crucial security guarantees for businesses in Guyana while further boosting investor confidence.

In addition, the PSC said it welcomed Rubio’s undertaking to raise the Caribbean’s concerns with regard to the United States’ proposed trade measures on Chinese-built vessels.
“The PSC appreciates his pledge to engage with U.S. trade-policy officials to ensure that the potential economic impact on Caribbean nations, including Guyana, is taken into consideration. We believe that this continuing dialogue is crucial in protecting the economic interests of small developing states that rely on international trade,” the release added.

In closing, the commission underscored that it remained committed to fostering a business environment that is secure, competitive, and attractive to both local and foreign investors.
“We stand in support of the Government of Guyana’s continued efforts to engage international allies in matters of economic and national security.”