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Guyana’s Gold Dream Blocked by Taxes | Guyana News
Guyana’s bold “El Dorado Reimagined” plan aims to turn the nation into a global gold and jewelry powerhouse by 2030—but soaring import taxes of up to 60% are crippling local manufacturers, making them uncompetitive compared to countries with just 5-10% duties. Technical consultant Dominic Gaskin warns these tariffs also fuel smuggling as prices become unsustainable. Beyond taxes, security, tech infrastructure, and streamlined trade processes are critical hurdles. A 15-point strategy is underway, led by a new unit at the Guyana Gold Board, including hiring an international firm for global…
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