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Formal Launch of TTCSI
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TTCSI Constitution

Presentation on the Trinidad and Tobago Coalition of Services Industires (TTCSI)

 

 

 

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Trinidad and Tobago Coalition of Services Industries (TTCSI)

 

The Ministry of Trade and Industry launched the Trinidad and Tobago Coalition of Services Industries (TTCSI) on August 29, 2006. The Ministry is charged with the responsibility of operationalizing the body on behalf of the private sector. Government has provided funding in the amount of $3.75 million over the next five years.

What is the TTCSI?

The Trinidad and Tobago Coalition of Service Industries (TTCSI) is a national umbrella body that brings together all services sector organizations and associations, basically an alliance of professional services associations and organizations.  It will function as a focal point to lobby, channel and address trade in services issues and services development issues, which are critical for the sector to thrive in the competitive global environment. 

 How will the TTCSI help the Services Sector?

The reason for establishing the TTCSI is rooted in the challenges faced by the Services sector in exporting services. It is more challenging to export services because they are intangible and the services is not usually created until it is delivered. The TTCSI has the following objectives:

  • To provide national service providers with knowledge of export opportunities;

  • To identify and exploit market opportunities;

  • To encourage national service providers to engage in developing export programmes and promotional activities through collaboration locally, regionally and internationally;

  • To promote the further development and competitiveness of the national services sector;

  • To support and facilitate the development of industry standards;

  • To educate the national service providers on relevant aspects of trade agreements that affect trade in services;

  • To represent the interests of the national services sector, including lobbying Government and promoting fair multilateral rules for trade in services.

What is the Services Sector?

The Services Sector is the largest sector in the Trinidad and Tobago economy, contributing annually on average $TT 35 billion ($US 5 billion) to Gross Domestic Product (GDP) accounting for over 60% of GDP during 2001-2005. The services sector is diverse covering business services (professional, computer etc), construction, transport, communications, financial services, tourism/travel, government operations among others and employs an average of 79% of the labour force, some 425,000 persons. Services have also been a net contributor to the balance of payments.

 


For more information contact: Ms. Susan Singh-Seerattan
sseerattan@tradeind.gov.tt or Ms. Trudy Lewis   tlewis@tradeind.gov.tt

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