T&T, US Talk Non-Energy Trade

• Minister of Trade and Industry Paula Gopee-Scoon met with Shante Moore, charge d'affaires of the US Embassy in Trinidad and Tobago, late last month to discuss trade relations between both countries and opportunities for non-energy investment in Trinidad and Tobago. 
• She highlighted Trinidad and Tobago as an ideal location for investment in the areas of manufacturing, agro-processing and maritime activities given its geographic location, skilled labour force, low electricity rates, market access through trade agreements and existing industrial parks. 
• Moore shared information on the upcoming 2021 Trade Americas, Caribbean Region Trade Mission and Business Conference to be held on October 24-29, 2021 in Miami. The mission aims to provide opportunities for US companies to find reputable business partners in the Caribbean Region. It will include region-specific sessions, market entry strategies, export compliance, legal, logistics, disaster resilience and recovery and trade financing resources. 
• Following the Mission, interested companies will travel to markets of interest to pursue business deals. Moore noted that there were currently six companies interested in travelling to Trinidad and Tobago to further explore collaborations in the Information Communications Technology (ICT), food and beverage and energy sectors.

(Source: Trinidad Express Newspapers)