According to Itamaraty, the agreement is a move to extend the reach of Brazilian Products to the Caribbean, North America and Europe.
On the 21st of December, 2017, the agreement was sealed at a meeting between President Michel Temer and the President of the Cooperative Republic of Guyana, David Granger.
President Michel Temer met with President Granger in the morning of Thursday, 21, for a bilateral meeting on the third floor of the Planalto Palace, in the federal capital.
At the meeting, the two presidents will sign two bilateral agreements. The first is for Brazil to support the paving of a stretch of road in Guyana, which, according to Itamaraty, will favor trade and distribution of production from the northern region of Brazil, mainly Amazonas and Roraima, to the Caribbean and North American, Asian and European.
The second agreement establishes the collaboration of the Brazilian Army for the drilling of artesian wells in the Rupununi region of Guyana. According to Itamaraty, the project will benefit 10,000 people, mostly indigenous people, who live near the border with Brazil and suffer from the effects of drought.