Wednesday, September 16, 2009

Investment opportunities in the Dominican Republic and Trinidad and Tobago

During his speech at a two-day business forum between the two nations at the Hilton Trinidad, Browne ointed out there are opportunities for trade and investment between Trinidad and Tobago and the Dominican Republic, outside the energy sector.

He said Trinidad and Tobago enjoyed a record 15 years of economic growth and was only now experiencing an economic slowdown. He also mentioned exports to the Dominican Republic expanded by 105.5 per cent over the past seven years but were largely dependent on the energy sector.

"We are transforming Trinidad Tobago into a regional hub for business and trade by enhancing the business environment, promoting investment and of course, seeking market access and key partnerships with our regional colleagues, like the Dominican Republic," Browne stated.

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