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Guyana, which is nestled between Venezuela and Suriname on the South American mainland, had been singled out for rates of 38% on many of its exports.

Suriname has some of the most impenetrable jungle in the world, covering 93% of the country.

More than half of the participants were from the Netherlands, with 10 percent hailing from Suriname or the Dutch Antilles and the rest identifying from nations as diverse as Turkey, Morocco and other "non-Western countries."

The Guyana Islands route project will boost infrastructure in Brazil’s northern states of Amapa and Roraima to better connect them to Guyana, French Guyana, Suriname and Venezuela.

Developing the region will create socio-economic opportunities in west Suriname, the government said, adding that the priority is for investors to involve local communities and for the country to maintain it's green image.