TTMA Commended For Trade Mission To Guyana From October 3rd

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TTMA Commended For Trade Mission To Guyana From October 3rd

The Trinidad and Tobago Manufacturers’ Association is being applauded on its planned Trade Mission to Guyana.

It takes place during the period October 03 to 07, 2023.

Commendation comes from the Ministry of Trade and Industry.

This upcoming mission will be the largest contingent of manufacturers visiting Guyana to date, and will comprise over forty-five persons representing thirty-five companies.

The Ministry of Trade and Industry says sectors that will be represented include Food and Beverage, Chemical, Construction, Household products, Agro-processing, Cargo and Services.

The Mission will be led by President of the TTMA, Roger Roach and representatives from exporTT Limited and Eximbank.

The Ministry of Trade and Industry notes this will be the TTMA’s third Trade Mission to Guyana.

The first was held virtually in 2021 during the COVID-19 Pandemic.

The second was held in March 2022 on the invitation of the President of Guyana during the TTMA’s President’s Dinner and Awards in November 2021, and comprised twenty-one local manufacturers.

The Ministry said it is encouraging to observe a progressive growth in the interest by local companies, as well as those in Guyana, to actively engage and explore trade partnering opportunities.

For the period 2018 – 2022, Trinidad and Tobago has been a net exporter to Guyana, with trade surpluses being recorded over the period.

Guyana has consistently been a top market within CARICOM for Trinidad and Tobago’s non-energy exports.

In 2021, Guyana was the second largest destination for Trinidad and Tobago’s total and non-energy exports.

Bearing in mind the attractiveness of the Guyanese market, and with Guyana being a fellow CARICOM Member State, there is an abundance of opportunities that exist through the import and export of non-energy products between both countries.

The TTMA has executed several Trade Missions in 2023 to Grenada, the Dominican Republic, Suriname and St. Lucia as part of its mandate to expand exports both regionally and internationally.