After two years of unprecedented excitement over new oil discoveries in Guyana and Suriname, these Caribbean countries recently held elections and are now setting a course for the next five years against a backdrop of extreme uncertainty. The nascent governments will come to power facing the reality of a depressed oil price, the economic impact of the COVID-19 crisis, environmental challenges, as well as some controversy over the elections themselves.

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In June, Sarah Keeling, a former senior British government official and StoneTurn Senior Adviser, led a panel of experts to outline emerging risks and opportunities for those with interests in Guyana and Suriname.

The future success of both countries will depend upon using oil and mining revenues to fund infrastructure and environmental projects, attract further foreign investment, and support enhancements to many of the institutions in both Guyana and Suriname.

Despite domestic challenges, there are significant opportunities in the region, making this a very exciting time, both in the context of the elections and potential new governments, as well as recent extraordinary oil finds.

Read the full recap of the discussion including a complete transcript of the Q&A session.

Meet the Panel:

•  Chris Bennett, Managing Director, The Caribbean Council
•  Ted Greeno, Co-Managing Partner, Quinn Emanuel Urqhart & Sullivan UK LLP
•  Greg Quinn, British High Commissioner to Guyana and Non-Resident Ambassador to Suriname, Foreign and Commonwealth Office