Senator the Honourable Paula Gopee-Scoon, Minister of Trade and Industry is leading a delegation of businesspersons on a Trade Mission to the Dominican Republic during the period May 2 to 4, 2023. The Trade Mission, organised by the Trinidad and Tobago Manufacturers’ Association (TTMA) 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 (16) 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.
In addressing participants of the Trade Mission, Minister Gopee-Scoon noted that Trinidad and Tobago and the Dominican Republic have strong and longstanding bilateral and multilateral relations. Representing a consumer base of approximately 11 million persons with an additional 8.5 million in tourists arrivals annually, she said “the Dominican Republic is an attractive market with significant potential to grow and expand our non-energy exports. As such, this mission will serve as a catalyst for the private sector to explore this export market, enhance their export profile and earn foreign exchange.”
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 Honourable 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.