Prime Minister Dr Keith Rowley and a team of accompanying ministers and other Government officials today met with a high-level team from the Inter-American Development Bank (IDB).
President of the IDB Luis Alberto Moreno led the team of officials who represented the bank.
The meeting was held at the Diplomatic Centre, La Fantasie, St Anns.
The Government has acquired a US$25 million loan from the IDB.
The following is a statement from the Ministry of Planning and Development on the matter:
"The Inter-American Development Bank (IDB) and the Government of Trinidad and Tobago today signed a US$25 million dollar loan that will assist Trinidad and Tobago in enhancing its trade facilitation processes.
This IDB loan is an effort to boost economic development, encourage innovation and growth, and open new pathways to economic diversification for the country.