Puerto Rico trade mission to Trinidad and Tobago to strengthen CARICOM

Eleven companies from Puerto Rico, representing sectors from asset management and executive protection, to food and beverage, and refrigeration services, visited Trinidad and Tobago this week as part of a trade mission.

As the Caribbean Basin Initiative, which governs the trade arrangements between the U.S. and CARICOM, expires at the end of this year, the countries continue to work “closely with the U.S. Government to ensure the continuation of this arrangement which will benefit the entry of the energy and non-energy products into the U.S.”, said Trade and Industry Minister, Paula Gopee-Scoon.

The current trading arrangement gives duty-free access to the U.S. to most goods produced in CBI-signatory countries.

“Trade missions to Trinidad and Tobago will assist Trinidad and Tobago’s diversification thrust and the movement away for its dependence on oil and gas” said John McIntyre, Charge D’Affaires at the U.S. embassy.