Abstract:

Guyana, one of South America’s smallest and poorest countries can use its most internationally acceptable asset to setup Free Trade Zones. Companies seeking to expand their business in Latin America and the Caribbean and for Latin American companies wishing to breaking into the English speaking Western market economy can make use of Guyana’s English-speaking population. Guyana is the only English-speaking Latin American country, this includes all of Central and South America. An added advantage is Guyana’s unique historical ties to the Caribbean. This geographical fact places Guyana at a great advantage to other Latin American countries. The pitfalls of poor political and economic stability along with antiquated infrastructure may hinder any possibility of a successful Free Trade Zone.