During April 25th-27th, 2013, a delegation of Trinidad and Tobago senior government officials and private sector business leaders will conduct a trade and investment mission to Toronto, parallel to an official visit by the Honourable Prime Minister Kamla Persad-Bissessar to Canada.
The mission will provide business persons from Trinidad and Tobago and Canada seeking mutual investment and trade interests with opportunities to meet and gain an understanding of both markets, the key objective being to develop lucrative business partnerships among exporters and investors. Government and private sector representatives will be engaging in business to business meetings which will culminate at the Trinidad and Tobago Business Forum on 26th April, 2013. All activities will be centered at the Sheraton Center Toronto (123 Queen Street West, Toronto).
The High Commission of the Republic of Trinidad and Tobago, Ottawa and the Ministry of Trade, Industry and Investment are the principal co-ordinating bodies of this mission. Leading state agencies also involved in this initiative include invesTT Trinidad and Tobago and exporTT Limited.
invesTT is the country’s investment promotion agency charged with attracting, facilitating and retaining foreign direct investment into Trinidad and Tobago. Aligned to the Ministry of Trade, Industry and Investment, its focus is on sourcing investment into the country’s targeted sectors – Maritime, Creative Industries, Downstream Energy, Agribusiness, Tourism and ICT. Focus on bringing investment into the Financial Services sector is done by the Trinidad and Tobago International Financial Centre.
exporTT is the state agency tasked with supercharging Trinidad and Tobago’s manufacturing and services sectors by facilitating, financing, providing research and development grants, market data and helping to create mutually beneficial international market opportunities and partnerships.
Canadian investment in Trinidad and Tobago is strong and demonstrates the benefits of Canadian corporate presence in the country. Additionally, 2010 data from the International Trade Centre estimates the value of Trinidad and Tobago exports to Canada at US$176,784,000, with the primary export being methanol. Other exports to Canada include beer, food and beverage products, and electrical panels.