T&T Chamber urges regional co-operation for business opportunities

The Trinidad and Tobago Chamber of Industry and Commerce has noted the comments made by Mr. Jaishima Leladharsingh, a director of The Trinidad and Tobago Coalition of Services Industries (TTCSI) while speaking at the Guyana Basins Summit in Kingston, Georgetown, in his personal capacity. It is regrettable that this was the approach taken by him at this meeting.

 

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The Dangers of Illicit Trade

The increasing presence of illegally traded commodities undermines public health, contributes to tax evasion and creates an unlevelled playing field for illegal businesses. It deprives legitimate businesses of revenue, reduces tax revenue for gov’ts and contributes to brand degradation. Read more… 

T&T Chamber and USAID partners to address key development issues in Trinidad and Tobago

The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) and the United States Agency for International Development (USAID) on Monday 12th September, 2022 signed a Memorandum of Understanding (MoU) to jointly address key development challenges in Trinidad and Tobago. Areas of interest include crime and security, inclusive economic growth for small and medium enterprises (SMEs) and micro, small and medium enterprises (MSMEs), mitigating the effects of climate change, health, COVID-19 response and other areas identified by the participants.

The online Trade and Business Information Portal puts information at your fingertips

The Trade and Business Information Portal, which was launched by the Ministry of Trade and Industry on May 25th at the Trinidad Hilton will have a significant impact on the ease of doing business in Trinidad and Tobago, as it provides easy online access to a repository of valuable information on trade, investment and business in general. The Chamber is particularly pleased with the launch of the portal, as we have advocated for such a facility for many years as a means of improving the ease of doing business. In the words of Chamber Chief Executive Officer Ian De Souza, who delivered remarks, “The launch of this Portal, along with the work being done to meet other commitments under the WTO Trade Facilitation Agreement, sends a clear signal of the Ministry’s commitment to put international trade, and both local and foreign investment, at the heart of our country’s economic growth. From a private sector perspective, that is noteworthy and very laudable.”

 

A Promising Outlook for Business

The Trinidad and Tobago Chamber of Industry and Commerce (the Chamber) is encouraged by The Finance (Supplementary Appropriation) Bill, as it would result in relief of financial pressure on businesses and provide for a stimulus to the Trinidad and Tobago (T&T) economy as a whole.