Trade Ministry promotes opportunities in the UK market
10 May, 2021: - As the Government of Trinidad and Tobago continues to actively increase the country’s exports to extra-regional markets, the Ministry of Trade and Industry in collaboration with exporTT Limited recently hosted a Virtual Awareness Session on the CARIFORUM-United Kingdom (UK) Economic Partnership Agreement (EPA). The session which included a cross-section of local businesses from the manufacturing and services sectors, sought to increase knowledge of the new trading arrangement and opportunities available to existing and potential exporters with the UK.
The CARIFORUM-United Kingdom (UK) Economic Partnership Agreement (EPA) governs trade between CARIFORUM, which is made up of 14 CARICOM Member States, the Dominican Republic and the United Kingdom (UK). This agreement was a necessary step to secure trading relations with the UK in light of its departure from the European Union. Trinidad and Tobago signed the EPA between CARIFORUM and the UK in April 2019. The Act to give effect to the Agreement domestically was proclaimed by the President of Trinidad and Tobago on March 31, 2021.