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The United States and Guinea boast one of the largest trade relationships in the world, with bilateral investment and trade totaling $1.6 trillion annually. Guinea’s friendly corporate tax system, close geographic location, and common culture of democratic principles make Guinea an excellent investment opportunity for American companies looking to expand their business profile.
U.S. Foreign Commercial Service, Guinea
Local Mailing Address
Political/Economic Section
U.S. Embassy Conakry
P.O. Box 603
Conakry, Guinea
Embassy Phone:(+224) 655 104 132
Embassy: (+224) 655 104 297
Email: conakry_econ_comm@state.gov
Getting Started with U.S. Commercial Service
The U.S. Commercial Service (CS), part of the U.S. Department of Commerce’s International Trade Administration, offers companies a full range of expertise in international trade. Companies can find assistance locally in more than 100 U.S. Commercial Service offices nationwide and in more than 70 international offices.
The U.S. Department of State’s Investment Climate Statements provide country-specific information on the business climates of more than 170 countries and economies. They are prepared by economic officers stationed in embassies and posts around the world and analyze a variety of economies that are or could be markets for U.S. businesses of all sizes.
These reports on market conditions, opportunities, regulations, and business customs prepared at U.S. Embassies worldwide by the Department of Commerce Department, Department of State, and other U.S. agencies’ professionals.
Overseas Security Advisory Council (OSAC)
In 1985, the Overseas Security Advisory Council (OSAC), a joint venture between the Department of State and the U.S. private sector, created by then Secretary of State George P. Shultz under the Federal Advisory Committee Act to interact on overseas security problems of mutual concern. Objectives of this joint venture are: to establish a continuing liaison between security officials in both the private and public sector; to provide for regular exchanges of information concerning developments in the overseas security environment; recommend methods for planning and implementation of security programs abroad; and recommend methods to mitigate risks to American private sector interests worldwide. These objectives remain in the current OSAC Charter.
Current Investors: Staying Connected
If you are a current U.S. investor in Guinea, the U.S Embassy wants to stay in touch. Here are a few steps you can take to keep the channels of communication open.
Foreign Corrupt Practices Act (FCPA)
The Foreign Corrupt Practices Act (FCPA) is an important anti-corruption tool designed to discourage corrupt business practices in favor of free and fair markets. The FCPA prohibits promising, offering, giving or authorizing giving anything of value to a foreign government official where the purpose is to obtain or retain business. These prohibitions apply to U.S. persons, both individuals and companies, and companies that are listed on U.S. exchanges. The statute also requires companies publicly traded in the U.S. to keep accurate books and records and implement appropriate internal controls.
Since its inception, SelectUSA has facilitated more than $78 billion in investment, creating and/or retaining over 95,000 U.S. jobs. In fiscal year 2019 alone, SelectUSA facilitated more than $18.5 billion in investment. We work with the U.S. and Foreign Commercial Service and entities across government to facilitate job-creating business investment into the United States and raise awareness of the critical role that economic development plays in the U.S. economy.
American-made products have a worldwide for high quality and use of cutting edge technology. Here are some tips on finding the supplier you’re looking for: Read Commercial News USA, a bi-monthly publication of the U.S. Department of Commerce designed to help American companies find buyers and distributors for their products and services. The U.S. Embassy sponsors trade shows where you can build contacts with American companies and experience their products firsthand. The embassy may be able to assist with registration and hotel reservations for some events; contact CamaraM1@state.govfor more details.
Former President Obama announced the SelectUSA initiative to showcase the United States as the world’s premier business location and to provide easy access to federal-level programs and services related to business investment. SelectUSA is designed to complement the activities of our states—the primary drivers of economic development in the United
Please call: +224.655.104.000
Outside of Office Hours, contact: (+224) 629 000 701
Outside of Guinea: 1.888.407.4747
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