Minister of Trade and Industry, Paula Gopee-Scoon and a delegation from Trinidad and Tobago, this morning participated in the First China International Import Exposition (CIIE) in Shanghai, China.
The CIIE was co-hosted by the Ministry of Commerce of China and the Shanghai Municipal People’s Government with the support of the World Trade Organization (WTO), United Nations Conference on Trade and Development (UNCTAD) and the United Nations Industrial Development Organization (UNIDO).
Government has agreed to advance discussions with Chile for a Partial Scope Trade Agreement (PSTA).
This was disclosed by Minister of Trade and Industry Paula Gopee-Scoon.
The decision arose from a courtesy visit by the newly appointed Ambassador Extraordinary and Plenipotentiary of the Republic of Chile His Excellency Aníbal Barría Garcua.
The Government of Trinidad and Tobago has vowed to continue restricting the trade in honey being produced by CARICOM countries to prevent the spread of diseases.
However, a CARICOM bulletin says that T&T did not rule out relaxing rules for the product to transit that twin-island nation without penalty.
The issue dates back to February 2015 when Trinidad and Tobago fined Guyanese Freight Forwarding Service LaParkan US$3,000 for facilitating the movement of honey within one mile of Trinidad and Tobago’s shores in violation of the 1935 Beekeeping and Bee Products Act.
Minister of Trade and Industry, Paula Gopee-Scoon will lead a delegation of 10 private sector companies along with senior executives of the Trinidad and Tobago Manufacturers’ Association (TTMA) and state enterprise exporTT Limited on a Trade Mission to Colombia from September 2-6, 2018.
The ministry says the thrust of the mission is in alignment with specific initiatives outlined in the Government Policy Framework to rebuild growth and sustain the manufacturing sector.
The Trinidad and Tobago Manufacturers’ Association (TTMA) has embarked on the trade mission to Jamaica and is scheduled to return April 21st, 2018.
The delegation is led by Permanent Secretary in the Ministry of Trade and Industry, Norris Herbert and TTMA President Christopher Alcazar.
The TTMA is also working closely with the Jamaican Chamber of Commerce (JCC) and the Trinidad and Tobago High Commission in Jamaica.
Finance and trade were the principal topics of a high-level meeting between Prime Minister Dr Keith Rowley and His Excellency Zhou Xiaochuan, Governor of the People’s Bank of China and Chairman of the Monetary Policy Committee today.
The discussions were aimed at strengthening the bilateral relations between Trinidad and Tobago and China towards fostering mutual interests in finance and commerce.
Prime Minister Rowley says he welcomes Chinese interest in expanding into areas of regional trade where Trinidad and Tobago has a geographic and commercial advantage.