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  HOME | Caribbean

Trinidad and Tobago Looks to Boost Foreign Trade

SAN JUAN – Trinidad and Tobago’s Ministry of Trade and Industry held talks this week with envoys from six countries with the aim of increasing trade and forging closer economic ties.

Minister Paula Gopee-Scoon met separately with the diplomatic representatives of Colombia, Jamaica, Cuba, Spain, Germany and Britain, the government said in a statement on Friday.

With Colombian Ambassador Jaime Acosta, she discussed opportunities to expand bilateral trade in the areas of food, finance, pharmaceuticals and construction services.

“We are anxious to have Colombian investors here in Trinidad and Tobago. We have got to get those trading figures up,” the minister said.

Gopee-Scoon and Spanish Ambassador Jose Maria Fernandez talked about the need to increase trade and attract investors to the Caribbean country.

“We have cheap electricity, gas, labor, a highly developed workforce and political stability,” Gopee-Scoon said.

Cuba’s envoy to Trinidad and Tobago, Guillermo Vazquez Moreno, visited the minister at her office to follow up on previous agreements.

“Our priority right now is on establishing the line of credit for our exporters and improving the services through our Trade Facilitation Office in Cuba,” Gopee-Scoon said.

She also held talks with German Ambassador Lutz Gorgens, British High Commissioner Tim Sew and Jamaican High Commissioner David Prendergast, the government said.

 

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