Saturday 18 January, 2020

TTMA pleased to have joined Heads of Government meeting

The Trinidad and Tobago Manufacturers Association (TTMA) is seeking to applaud Prime Minister Dr Keith Rowley and Trade and Industry Minister Paula Gopee-Scoon for including the private sector in discussions regarding the Caribbean Heads of Government meeting that took place earlier this week.

The two-day meeting was held on November 3rd and 4th.

In a statement issued on Thursday, the TTMA noted that it was part of the discussion seeking the interest of its members and the private sector business community in Trinidad and Tobago.

One of the primary objectives of the talks was the promotion of the CSME - Creating a Platform for Growth and Development.

The TTMA, along with other regional private sector bodies are seeking to develop a framework that would allow private sector participation at this very important meeting with Heads of Government, as well as other major organs of the CARICOM region such as the Council for Trade and Economic Development.

The Association said it was pleased with the discussions that took place.

TTMA President Christopher Alcazar said, “I am hopeful, if decisions are implemented in a timely fashion, that the region can be one step closer to being a truly integrated regional space with matters pertaining to free movement of people, contingency rights, a more feasible air and sea transport system, a more simplified administrative process for the free movement of goods and realization of some harmonization of policies with regard to matters pertaining to registration of businesses, company law, administrative policies, including customs and border agencies collaboration”.

Other important matters discussed were the Sanitary and Phyto Sanitary measures being harmonized and agreed upon to ensure that there are greater trade opportunities in areas of agriculture, animals and plants as well as deepening the regional public procurement and investment frameworks.

The TTMA said it welcomes these discussions and more importantly the willingness of the Heads of Government to include the private sector in these talks.

“It is noteworthy that in this state-centric society we live in, the public sector engages the policies but the private sector are the ones that are involved in the trade and so it is important that our  inputs are taken on board in the decision making process in creating that enabling environment for trade among ourselves to prosper and grow. In the global environment, we are made to compete against, we can only build our competitiveness and efficiencies if we are seen as one economic space, our size would not allow us to compete in such an environment on our own,” Alcazar said.

He added that he hopes the decisions will be translated into action in the shortest possible time to have the goals of deepened integration become a reality so that citizens and businesses can truly benefit from an integrated regional framework.


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