Longstanding bilateral and multilateral relations between Trinidad and Tobago and the Dominican Republic continue to be fostered.
Minister of Trade and Industry, Paula Gopee-Scoon, will lead a delegation of businesspersons on a Trade Mission to the Dominican Republic during the period May 2nd to 4th.
The Trade Mission, organised by the Trinidad and Tobago Manufacturers’ Association and ExporTT, the National Export Facilitation Organization of Trinidad and Tobago, seeks to exploit commercial opportunities within the Dominican Republic’s market for Trinidad and Tobago companies and establish and deepen strategic business and logistical relationships between manufactures and buyers.
The Mission comprises sixteen companies from the Food and Beverage, Distribution, Household products; Construction; Oil and Gas; and Apparel sectors. The companies participating in the Mission include Pepe’s Marketing; HADCO; Exim Bank; Langston Roach; Micro Millings; Massy Gas; Christle Limited; Better Living Foods; DSB Limited; Lazuri Apparels; National Canners; RHS Marketing; Rojan Marketing; Premier Label Company; Associated Brands Industries Limited (ABIL); and VEMCO Ltd.
Trinidad and Tobago currently enjoys a favourable trade balance with the Dominican Republic, with the main exports being urea, cereals, glass and plastic bottles, liquefied natural gas and other gases, as well as toilet paper. During the Trade Mission, the Minister will engage in bilateral discussions with her Ministerial counterparts in the Dominican Republic, as well as other key business officials. These discussions will seek to explore the possibilities for enhancing Trinidad and Tobago and the Dominican Republic’s trade relations and advancing the export prospects for local manufacturers.
In addressing participants of the Trade Mission, Minister Gopee-Scoon stated that the Dominican Republic is an attractive market with significant potential to grow and expand non-energy exports. As such, this mission will serve as a catalyst for the private sector to explore this export market – spoke to the strong consumer base, of approximately 11 million persons with an additional 8.5 million in tourists arrivals annually – enhance export profiles and earn foreign exchange.
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