The Trinidad and Tobago Manufacturers’ Association (TTMA) has joined five other Manufacturers’ Associations in the Caribbean, to launch a regional body to deal with issues that affect Caribbean producers.
In order to keep their economies alive, and to assist the caribbean in having one voice for producers, six manufacturing associations from across the caribbean from Barbados, Dominica, Guyana, Jamaica, St Lucia and Trinidad and Tobago have formerly signed a document to give life to the Caricom Manufacturer’s Association.
This new body will provide unified positions on regional manufacturing matters, fostering Caribbean integration and promoting regional products.
The view at Wednesday’s signing ceremony, is that due to the current pandemic, manufacturers now more than ever, have a central role in developing the economy.
The Caricom Manufacturers Association will be able to facilitate easier movement of capital, easier access to non-skilled labour and strengthen the caribbean market by having joint marketing missions and shared participation at global events.
Chief Executive Officer of the Trinidad and Tobago Manufacturers Association (TTMA) Franka Costelloe, believes this new entity will unify the Caribbean and gain and even more competitive edge.
Trade Minister, Paula Gopee-Scoon, hailed the regions coming together and believes it will be an initiative to help expand manufacturing.