Local entrepreneurs complain about Chinese business practices
Written by Kwesi Isles Wednesday, 21 September 2011 16:51
A number of Guyanese companies have fallen prey to “unsavoury” business practices employed by some Chinese companies it was revealed at the recently concluded Caribbean-China Trade and Economic Forum which was held in Trinidad and Tobago.
It was revealed at a private sector meeting on Tuesday that while at the Forum members of the Guyana-China Business Council took the opportunity to raise the issue with the visiting Chinese trade officials. “Some of their experiences involved poor documentation that impeded customs clearance, receipt of poor quality products and sometimes non delivery of goods that had been paid for,” the Guyana Manufacturing and Services Association has said.
At Tuesday’s meeting GM&SA’s president Clinton Williams had noted that Vice Chairman of the China Council for the Promotion of International Trade (CCPIT) had made a note of the complaints and had said they would be addressed. Williams said the CCPIT Chairman also suggested that the CCPIT could act as a hub through which the businesses could be transacted to ensure everything was above board. He added that it was agreed that a business desk would be set up at the GM&SA as the local contact.
An advisory is to be issued shortly informing local businesses calling on them to submit the Association which will then forward them to the CCPIT for action.
Source
Written by Kwesi Isles Wednesday, 21 September 2011 16:51
A number of Guyanese companies have fallen prey to “unsavoury” business practices employed by some Chinese companies it was revealed at the recently concluded Caribbean-China Trade and Economic Forum which was held in Trinidad and Tobago.It was revealed at a private sector meeting on Tuesday that while at the Forum members of the Guyana-China Business Council took the opportunity to raise the issue with the visiting Chinese trade officials. “Some of their experiences involved poor documentation that impeded customs clearance, receipt of poor quality products and sometimes non delivery of goods that had been paid for,” the Guyana Manufacturing and Services Association has said.
At Tuesday’s meeting GM&SA’s president Clinton Williams had noted that Vice Chairman of the China Council for the Promotion of International Trade (CCPIT) had made a note of the complaints and had said they would be addressed. Williams said the CCPIT Chairman also suggested that the CCPIT could act as a hub through which the businesses could be transacted to ensure everything was above board. He added that it was agreed that a business desk would be set up at the GM&SA as the local contact.
An advisory is to be issued shortly informing local businesses calling on them to submit the Association which will then forward them to the CCPIT for action.
Source
Originally Posted by Gerhard Ramsaroop: