June 12, 2023 – A fruitful meeting took place at the French Embassy, bringing together Ambassador Nicolas de Lacoste, representatives from VSB, and key stakeholders. The meeting served as a platform to discuss various topics, including the economic situation, private partnerships, ease of doing business across borders, and potential collaborations between French and Surinamese banks.
One of the main discussion points revolved around the economic situation in Suriname. The VSB expressed concerns about the government’s policies and emphasized the need to move forward. While acknowledging some positive developments, such as the reinstatement of the Trade Office, the VSB highlighted the importance of stimulating private sector growth and improving the ease of doing business. The upcoming financial fair in July, organized in collaboration with the banking sector, aims to address these issues and foster greater cooperation.
In line with the objective of enhancing collaboration, Anne Mathieu proposed inviting French banks to participate in the fair, fostering relationships and improving banking processes for French individuals in Suriname. Suggestions were made to explore partnerships with the French Postal bank and Godo bank in Albina, facilitating easier access to financial services.
The meeting also touched upon indigenous rights and their integration into economic activities. Finding a balance that safeguards indigenous rights while ensuring economic growth and stability was seen as crucial.
The Surinamese delegation acknowledged the impact of the February 17 incident, describing it as a turning point for the country and businesses. However, they expressed optimism that such incidents would not reoccur, emphasizing the need to address the underlying issues.
The topic of inflation was also addressed during the meeting. The Surinamese representatives highlighted the cultural coping mechanisms in place and acknowledged the need for improved implementation of social programs to mitigate any potential unrest caused by delays. Public sector reforms and capacity building were deemed essential to effectively execute these programs.
Discussions extended beyond economic matters, with talks of fostering cross-border movement and cooperation. The visa issue was raised, particularly concerning the transborder card for individuals residing on both sides of the Marowijne River. The French government ratified the agreement, but the Surinamese government has yet to do so. Plans for ferry services between the countries were also mentioned, with construction set to commence soon.
The meeting concluded on a positive note, with an emphasis on trust-building, transparency, and increased collaboration between Suriname and French Guiana. The need to include the private sector in river council discussions and to promote female entrepreneurship were among the key takeaways. Both sides expressed a shared interest in further exploring opportunities in areas such as tourism, agriculture, and transportation.
As Suriname and French Guiana continue to develop and grow, fostering strong cross-border ties and mutually beneficial partnerships will be crucial for sustainable economic progress and regional integration.
