Indian travel & investment missions visits Trinidad and Tabago

An 11-member Trade & Investment Mission

Sep 17, 2009

An 11-member Trade & Investment Mission from India led by the Confederation of Indian Industry (CII) visited Trinidad & Tobago with the support of the High Commission of India in Port of Spain from June 22 - 27. An 18-member Indian exporters' delegation from the Federation of Indian Export Organizations (FIEO) also visited Trinidad to participate in the 10th Trade & Investment Convention (TIC) from June 24-27. In addition, the High Commission of India organized visits of senior executives of EXIM Bank, Air India and India Tourism based in US to coincide with the visit of the CII and FIEO delegations. The Trade and Investment delegations from CII and FIEO participated in the 2nd Trade & Investment Mission to Trinidad & Tobago which was inaugurated by the T&T Minister of Trade & Industry, Mr. Mariano Browne on June 22. The delegation members were given presentations on various aspects of trade & investment in Trinidad & Tobago by senior officials of the T&T Ministry of Trade & Commerce and various Chambers of Industry & Commerce. Mr. Kishore Kharat, Bank of Baroda made a useful presentation on the Bank's experiences in doing business in T&T.

The 1^st India Caribbean Conclave organized by the Confederation of Indian Industry(CII) was held at Hotel Hyatt Regency on June 23. The CII delegation represented Indian industry in the fields of Ayurveda, Agricultural Machinery, Telecommunications, Health & Medical Technologies, Transportation, Water pumps and Irrigation Systems and SMEs. The High Commissioner of India in his address to the Conclave spoke of the exciting growth of T&T economy principally on the strength of its energy sector and its emergence as a regional hub. He made a mention of the congenial framework on trade and investment between the two countries - Trade Agreement in 1997 with MFN status accorded to each other, DTAA and BIPPA signed in March 2007 during the visit of a Trade delegation from T&T to India. HC announced launching of the bi-monthly magazine - ’Yatra‘ and opening of a Business Facilitation Centre (BFC) at the High Commission premises. He also announced the imminent setting up of an India-Trinidad & Tobago Chamber of Commerce & Industry which has generated lot of interest among local businessmen.

There was a large turnout from the local business community at the Conclave besides business representatives from Suriname, Cuba and Commonwealth of Dominica. The delegation members had very useful meetings with the officials of T&T Ministries of Trade & Industry, Labor & SMEs, Works & Transport, senior officials of various Chambers of Industry & Commerce apart from holding direct B-to-B meetings with a cross section of T&T industry and explored various possibilities for trade and investment in Trinidad. India Tourism organized a Tourism evening at Hotel Hyatt Regency on June 23 which was attended by a number of travel and tour operators in Trinidad & Tobago. T&T Minister of Tourism Joseph Ross was the chief guest on the occasion. The program included a presentation on India tourism and a performance of Indian classical dance. The High Commissioner in his address spoke of the multi-faceted 'Incredible India' product, Visit India Year 2009, facilities available to tourists in India and development of tourist infrastructure in India. Ms. Chitra Sarkar, Executive Director, Air India had meetings with the Ministry of Works and Transport and Caribbean Airlines where she discussed possibility of direct air connectivity between Trinidad and India through USA.

The 10^th Trade & Investment Convention (TIC) was inaugurated on June 24 at the Centre of Excellence, Macoya by Dr. Lenny Saith as Acting Prime Minister. The Indian pavilion was jointly inaugurated by T&T Minister of Trade & Industry and High Commissioner. A group of 18 exporting companies from India, led by Mr. G.P. Upadhyaya, Secretary General of the Federation of Indian Export Organizations (FIEO) attended the Convention and put up their stalls at the exhibition hall.

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