propaganda press! state sponsored, people powered.

GEORGETOWN, Guyana AP — Guyana’s government suspended the license Monday of a Chinese timber company for allegedly failing to make the level of investment in the South American country’s economy required under its operating agreement.

Beijing-based Jailang Industries Inc., which received a timber concession and export permit two years ago, must immediately halt operations in Guyana, Forestry Minister Robert Persaud said.

The company has been exporting raw logs but has not produced any finished products such as furniture that would help the country expand its manufacturing sector, Persaud said.

“All we are doing is enforcing what these companies say they would do in their agreements,” he said.

Persaud said that Guyanese officials planned to meet with company officials to discuss ways Jailang could resume operations. The company said it had no immediate comment. Jailang has a concession covering 300,000 acres in Guyana’s lush northwestern region near the Venezuelan border.