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Minister of State, Joseph Harmon, revealed yesterday that Government was able to reach an agreement with Surinamese Beverage Company,cheap jerseys usa, RUDISA International NV, to have a reduction in the repayment of a judgment of US$7.72M in keeping with a ruling of the Caribbean Court of Justice (CCJ).He made this disclosure during a press conference yesterday at the Ministry of the Presidency.Initially, the CCJ judgment in favour of Rudisa Beverages stood at US$6.5M. Harmon noted however that it had increased due to interest rates incurred over the years and legal fees.The company had taken Guyana to the CCJ because it felt that the $10 per bottle environmental tax that it was being charged when importing its soft drinks (Thrill) to Guyana, was in contravention of the Revised Treaty of Chaguaramas (RTC) which outlines free trade to signatory countries.The company had argued that the tax was discriminatory since local importers didn鈥檛 have to pay it.The CCJ had ruled in Rudisa鈥檚 favour, citing that Guyana had to honour its treaty obligations and ordered that the claimants are entitled to repayment.The Minister said that the matter is scheduled to come up again in the CCJ today and reiterated Government鈥檚 commitment to respecting the decisions of the court.Through a missive to the media yesterday,cheap jerseys from china, Government indicated that RUDISA鈥檚 owner, Rudi Sardjoe,cheap nfl jerseys china, met with the President of Guyana,cheap nfl jerseys wholesale, David Granger and Harmon,wholesale jerseys, at the Ministry of the Presidency to iron out issues relating to the repayment.Harmon said that RUDISA has agreed to a smaller sum and Government welcomes this.聽 He said that it is important that there is good cooperation between investors and the Government of Guyana.聽 He added that the agreement bodes well for the relationship between Guyana and Suriname.鈥淲hen Guyana has to fork out money to pay for anything, it is the people of the country that actually have to do without and so Mr. Sardjoe鈥檚 generosity is something we really appreciate.聽 He has actually given us a package which gives us some breathing room,cheap nfl jerseys outlet,鈥� the Minister of State said.RUDISA鈥檚 owner, Rudi Sardjoe said,cheap nfl jerseys authentic, 鈥淚t is not about the money… We are a company working in Guyana a lot and we want to maintain the close relations that we have with the people of Guyana.鈥� |
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