AGP Executive Report
Last update: 10 hours agoTrade: Latin American and Caribbean exports rose 19.5% in the first half of 2026, outpacing global trade. Caribbean growth was concentrated in Guyana and Suriname, driven largely by higher energy and mining prices. The IDB says the region’s trade resilience could attract investment, provided regulation gives investors certainty. Offshore Energy: TotalEnergies’ Block 58 drilling campaign is nearing launch, with two Noble rigs contracted for 32 wells. The contracts carry US$753 million in firm value and mark a major step in Suriname’s offshore expansion. Mining: Illegal gold mining along Suriname’s Amazon border is pushing into Indigenous lands, damaging forests and polluting rivers with mercury, a threat to Wayana communities and local waterways. Agriculture: Exporters warn that weak pesticide oversight risks public health and the reputation of Surinamese produce. They say stronger controls are needed to protect export access. Investment Ties: Suriname and Azerbaijan discussed expanding cooperation in trade, investment, energy, mining and agriculture, as well as partnerships between businesses.
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