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The impact of Covid-19 on international food prices | Trinidad and Tobago Government News
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Published: 01 March 2021
Port-of-Spain, Trinidad, and Tobago: - Caribbean Airlines Cargo has partnered with exporTT to better connect Trinidad and Tobago businesses to regional and international markets. A strategic alignment has been formed operating on the understanding that both organizations share similar goals and service many of the same clients. The areas of focus for the partnership will be information sharing, incentives, and joint export promotions.
Through this alliance, first-time exporters from Trinidad and Tobago will benefit from discounts of five (5) to ten (10) percent off freight to and from destinations served directly by Caribbean Airlines Cargo. Additionally, discounts of five (5%) percent off freight will be offered to all exporters on the shipment of samples to these destinations.
Government committed to Resurgence in Manufacturing
08/01/2021: The Ministry of Trade and Industry (MTI) is encouraged by emerging signs of resurgence in manufacturing as indicated by the Central Bank of Trinidad and Tobago (CBTT) in its most recent Monetary Policy Announcement in December, 2020. This result is indicative of Government’s support to the Manufacturing sector and the wider private sector and the activities and willingness of this group to invest and expand.
Trinidad and Tobago’s Manufacturing sector remains important and dynamic to the economy. As the third largest contributor to the country’s Gross Domestic Product (GDP), the Manufacturing sector is recognized as a catalyst for achieving economic transformation and diversification through the reduction in the country’s food import bill, import substitution, generation of foreign exchange through exports and provision of sustainable employment.