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Ideas that Work – Trade Opportunities (Ministry of Trade and Industry)

e TecK’s line Ministry, the Ministry of Trade and Industry (MTI) is leading the drive to position Trinidad and Tobago as a manufacturing base, and the business, trade, and financial hub of the Americas. The Ministry’s core responsibility is to grow trade, business and investment, particularly through driving the non-energy sectors of the economy. As the pivotal agency for trade promotion and development, MTI manages and coordinates the trade process to ensure access to international markets for companies located here. This is closely tied to another critical mandate — the aggressive development of business and industry. In this regard, MTI is formulating more appropriate industrial and services policies, designed to enhance the capability of the local industrial sector to compete in the global marketplace.

Much of MTI’s activities are geared towards creating a facilitatory and supportive environment for business, especially through developing the most appropriate legislative framework to support business and investment activities. MTI is also responsible for stimulating domestic and foreign investment and is working to upgrade the entire framework for attracting investment — the lifeblood of industrial activity. MTI conducts its affairs and provides required services with the highest regard and esteem for all clients and customers. The Ministry’s stakeholders are located within Trinidad & Tobago, as well as regionally and internationally, and are drawn from government circles, the private sector, and civil society.

This month we highlight some of the trade opportunities under the Ministry of Trade and Industry –

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