Beal terms best Guyana likely to obtain -- Private Sector Commission Guyana Chronicle May 27, 2000 THE Private Sector Commission (PSC) has reviewed the Beal spaceport deal with the Government of Guyana and is satisfied that the financial arrangements are the best Guyana is likely to obtain in an industry which is highly competitive and dynamic. A PSC press release yesterday said that while it believes that direct financial benefits of the spaceport may not be substantial or immediate, the greater benefit of the agreement will be to demonstrate internationally Guyana's maturity and stability as a country where investment is welcomed, and that Guyana is a nation ready for the 21st century. The body had two meetings with the Government to discuss the deal with Beal Guyana Launch Services for the establishing of a commercial space launch facility in Guyana. The first was held with Prime Minister Sam Hinds on May 17 and the other was with President Bharrat Jagdeo on May 24. Members of the PSC were able to raise their own concerns and those of the public regarding the agreement. "After having given a careful and deliberate consideration to the intent and import of the agreement, the PSC strongly believes it is in the best interest of Guyana and is satisfied that it will be to the overall benefit of the country," it added. The PSC said that though it recognises that it does not have the advantage of specialist knowledge of the Aerospace industry and was not originally privy to the negotiations leading to the agreement, is has been able to bring to bear its collective business judgement in reviewing the agreement. Fiji developments disturbing - WPA THE African Caribbean and Pacific (ACP) countries should mount an open public investigation into all grievances in Fiji on terms acceptable to both sides and open to all shades of opinion. This is the view of the Working People's Alliance (WPA). The political party said the events in Fiji are disturbing and raise many questions about the system there, and about the attention given to the issue of multi-ethnic societies and of societies with indigenous peoples. While the party shares the international concern for the safety of those held hostage, it said it will not, in this crisis, "repeat cliches about parliamentary democracy, which clearly is under challenge." "The main effort at present must be to protect the safety of the hostages from threats of elimination and to exact guarantees of their full safety. "Only in such an atmosphere can any discussions about a future be conducted. The world must make it clear to the armed hostage holders that the methods used have no future and offend public opinion everywhere, doing the indigenous cause grave injustice." Follow the goings-on in Guyana in Guyana Today