UK Government Supports Caribbean Trade Links

The Franchise Magazine:

The Minister of State for the Foreign and Commonwealth Office, Jeremy Browne, has been in the Caribbean to encourage trade between the UK and Trinidad and Tobago.

Browne attended the UK Food and Beverage Trade Mission and Exhibition, which took place this year, where he promoted an increase in trade between the two countries.

According to an article in Newsday, Browne pointed out that in 2009 there was over US$673 million of trade between the UK and Trinidad and Tobago, but also a huge amount of unrealised potential. Browne said: “When you consider that the UK makes up less than 2.3 per cent of Trinidad and Tobago’s total imports. Similarly, Trinidad imports from the UK less than half of what the UK imports from Trinidad.

“Given that the UK is the fifth largest trading nation in the world and that Trinidad is the largest trading nation in the Caribbean region, there is a lot more we could and should be doing in terms of business between our two nations.”

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