Interview with Mr. Robert J. Faucher U.S. Ambassador to Suriname

How would you describe the current state of U.S.-Suriname relations? What are the key areas of collaboration?

The relationship between Suriname and the United States is very positive. We cooperate across multiple sectors, focusing on strengthening democracy, stability, and security. The U.S. aims to support Suriname’s economic growth, especially as it recovers from past crises. We’re working to attract U.S. investment, particularly in emerging sectors, and enhance commercial opportunities between our two nations.

‍What are some of the most significant milestones in the diplomatic history between the two countries?

Our historical connections stretch back over 400 years. In the 17th century, British and Dutch colonial ventures shaped early relations, with trade links between New England and Suriname being particularly strong. A pivotal moment came in 1667 with the Treaty of Breda, which resulted in a territorial exchange: the British took control of Manhattan while the Dutch secured Suriname. This shaped both nations' colonial futures. Trade remained a constant in our relationship. By the 20th century, two major events solidified our economic and political ties. First, in 1915, the American aluminum company Alcoa began bauxite mining in Suriname, which had a profound economic and social impact. This partnership lasted for nearly a century, helping modernize Suriname and introducing American business practices and values.

The second milestone was World War II. Recognizing the strategic importance of Suriname’s bauxite reserves, the U.S. reached an agreement with the Netherlands to protect these resources. Our troops arrived in Suriname in November 1941—before Pearl Harbor—and remained until 1947. The war effort depended heavily on Suriname, with around 75% of the aluminum used in U.S. aircraft, tanks, and ships sourced from Surinamese bauxite.

Following the war, Suriname moved toward independence, which it achieved in 1975. The U.S. was one of the first nations to recognize Suriname’s sovereignty, and despite political challenges in the decades that followed, we’ve built a strong diplomatic relationship based on shared values of democracy, human rights, and press freedom.

What are the main priorities of the U.S. Embassy in terms of strengthening bilateral ties?

Our approach aligns with U.S. foreign policy goals of making America safer, stronger, and more prosperous. Here’s how we apply that in Suriname:

• Security and Law Enforcement: Suriname faces challenges with transnational criminal organizations, particularly drug trafficking to Europe. We are assisting the government in combating these threats and improving anti-corruption measures.
• Economic Strengthening: The U.S. supports efforts to diversify Suriname’s economy beyond gold and extractive industries. The anticipated oil boom presents a unique opportunity, and we want to ensure its benefits reach all citizens, strengthening democratic institutions in the process.
• Investment and Business Climate: Suriname has significant untapped potential. We encourage reforms that make it a more attractive business destination, especially in sectors like energy, mining, and tourism. We also promote educational exchanges to strengthen long-term ties between our countries.

What opportunities exist for American companies looking to invest in Suriname?

Several sectors hold promise for U.S. investors:

• Oil and Gaz: With major offshore oil discoveries, Suriname is poised to become an energy powerhouse. The industry will require significant infrastructure and workforce development.
• Education: There is room for growth in higher education partnerships and training programs to modernize Suriname’s institutions.
• Mining: Gold remains a key revenue source, but Suriname also has untapped diamond reserves and potential in rare earth minerals.
• Tourism: Unlike the typical Caribbean destination, Suriname offers an Amazonian experience, attracting eco-tourists and adventure seekers.
• Financial Services: The transition to a cashless economy is a priority, and American fintech companies could play a role in modernizing Suriname’s banking sector.

Are there key agreements or initiatives that could further enhance economic ties?

While most pending agreements focus on law enforcement and information-sharing, I foresee potential updates to economic agreements, such as a new tax treaty, to modernize our trade relationship. Suriname’s growing participation in multilateral organizations also provides new avenues for collaboration.

What is your vision for the next five to ten years of U.S.-Suriname relations?

I’m optimistic. Suriname is on the brink of an economic transformation, particularly with its oil sector. Our role is to help ensure that this wealth benefits the entire nation, strengthening governance and democratic institutions. Thinking long-term is critical. Business leaders are discussing “Vision 2050,” which is an excellent approach. Suriname can learn from countries like Luxembourg, which used strategic planning to transition from a coal and steel economy to a financial and tech hub.

Finally, what message would you share with Newsweek readers about Suriname as an investment or tourism destination?

Suriname has tremendous untapped potential. While it faces challenges—such as modernizing its economy and improving its investment climate—there is strong political will to address these issues. The upcoming oil boom will accelerate change, making this the right time for U.S. businesses to explore opportunities here. For tourists, Suriname offers a unique Amazonian experience, rich in biodiversity and cultural history. It’s an adventure destination unlike any other in the region. For both business and leisure, Suriname is worth a closer look. As the country evolves, early engagement will yield significant rewards.