Connect with us

Caribbean News

Trinidadians Seeking Business Opportunities in Jamaica

Published

on

#Kingston, February 8, 2019 – Jamaica – A business delegation from Trinidad and Tobago is in the island for a four-day trade mission from February 5 to 8.  The team, being hosted by the Jamaica Chamber of Commerce, represents 10 companies involved in various sectors. These are construction, architectural services, food and beverage, agro-chemical, consumer and household products, software development, marketing and advertising.  They will be meeting with members of public- and private-sector entities, as well as potential business partners, over the course of the visit.

Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith, who addressed the opening session of the trade mission at The Jamaica Pegasus hotel in New Kingston on Wednesday (February 6), noted the commitment of the Governments of the Caribbean Community (CARICOM) to increase opportunities for trade within the region.

She noted that the Caribbean Single Market and Economy (CSME), set up to facilitate the free movement of skills and capital, has the capacity to “stimulate greater production, greater competitiveness, high levels of domestic and foreign investments as well as increase employment and growth of intra- and inter-regional trade”.

“Sadly, the facilitation of production integration and efficiency and, by extention, the competitiveness of member states have not fully been realised yet,” she noted.

Senator Johnson Smith said the CSME must be fully understood and used optimally “if it is to achieve the economic gains for national development”.

“The CSME is largely about you. It is largely about putting private sector at the front, at the centre and heart of regional integration,” she added.

She noted that CARICOM Heads of Government, at a special meeting in December 2018, had underscored the importance of strengthening engagement with the private sector.  She said, further, that the Caribbean Business Council, aimed at promoting private-sector interest, will become an integral mechanism to ensure that the voice of the business community is heard.

“It is important. Business is what will make this work. It is not a philosophical consideration or the bureaucratic mechanisms which will, at the end of the day, get us to where we want to go. It is businesses employing people, investing, trading and moving forward together that will make the difference ultimately,” she emphasised.

Chief Executive Officer of the Trinidad and Tobago Chamber of Industry and Commerce, Gabriel Faria, told JIS News that the visit to Jamaica came at the request of members of the Chamber, who were keen on visiting Jamaica.

“We wanted to come and meet with the different parties – JAMPRO, the Jamaica Stock Exchange and the Chamber here, so we could look at opportunities to further develop business relationships between the two countries,” he said.

Mr. Faria said that the members are looking to network and expand their businesses overseas.

“They are looking for opportunities to network and to create new partnerships. So some are smaller companies and by coming with the Chamber, we are able to help them to settle meetings. We are able to help them to network in an environment like this,” he added.

 

Release: JIS

Contact: E. Hartman Reckord

Header: Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith, engages with Chief Executive Officer of the Trinidad and Tobago Chamber of Industry and Commerce, Gabriel Faria, at a ceremony on Wednesday (February 6) at The Jamaica Pegasus hotel, New Kingston, to launch the visit of a trade mission from Trinidad and Tobago.

Insert: Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith, listens to a comment from Immediate Past President, Jamaica Chamber of Commerce, Larry Watson, at a ceremony on Wednesday (February 6) at The Jamaica Pegasus hotel, New Kingston, to launch the visit of a trade mission from Trinidad and Tobago.

 

JIS Photographer: Mark Bell

 

 

 

Continue Reading

Caribbean News

Barbados recognizes Palestine as sovereign

Published

on

Rashaed Esson

Staff Writer

Barbados has made a huge diplomatic move, recognizing Palestine as a sovereign state, as announced by Minister of Foreign Affairs, Kerrie Symmonds, according to a report from CBC News Barbados on Saturday April 20. This now aligns Barbados with other UN Member states which also recognise Palestine.

 

Continue Reading

Caribbean News

Haiti death toll rises

Published

on

Rashaed Esson

Staff Writer

Haiti’s death toll is now up 53 percent with more than 2,500 people killed from January through March 2024, compared to the same time last year. This was reported by the United Nations Integrated Office in Haiti (BINUH),  on Friday April 19. The organization expressed that gangs have changed their tactics, now targeting public institutions and important infrastructure such as the main Airport. Most of the violence is reportedly in the Capital Port Au Prince.

 

 

Continue Reading

Caribbean News

U.S. VIRGIN ISLANDS SHINES AS A PREMIER DESTINATION AT THE 2024 SEATRADE CRUISE GLOBAL CONFERENCE

Published

on

St. Thomas, U.S. Virgin Islands (USVI) –April 11, 2024—The U.S. Virgin Islands Department of Tourism, led by Commissioner Joseph Boschulte, Assistant Commissioner Alani Henneman, and Deputy Commissioner RoseAnne Farrington, traveled to Miami, Florida, to support Governor Albert Bryan Jr. and other local partners agencies for the 2024 Seatrade Cruise Global Conference.
To kick off the week-long event, the Department of Tourism sponsored the highly anticipated Florida-Caribbean Cruise Association (FCCA) barbecue, which was hosted by Governor Bryan.
Revered as a steady leader in the Caribbean tourism industry, the USVI delegation, which also included the Legislature of the Virgin Islands, the Virgin Islands Port Authority, West Indian Company Limited, Magens Bay Authority, and the U.S. Virgin Islands Government Employee Retirement System, showcased the territory and its growing accessibility around the cruise industry to key operators and businesses.
“Cruise has been and continues to be a leading entryway for visitors into the territory, and Seatrade allows representatives from the USVI to interface with and share pertinent updates needed to continue fostering positive relationships throughout the industry,” explains Commissioner Boschulte.
Commissioner Boschulte was featured on the Caribbean Spotlight panel moderated by renowned industry leader and FCCA CEO Michelle Paige, who referenced the Commissioner being named the 2023 Caribbean Tourism Executive of the Year by Caribbean Journal and shared how exceptional the publication’s acknowledgment of his accolades are. Paige referenced Caribbean Journal’s spotlight paragraph reading, “No Caribbean destination has seen more growth in the last three years than the U.S. Virgin Islands, which kicked off a full-fledged tourism renaissance just after the onset of the pandemic and hasn’t looked back. And so much of that growth can be directly tied to the expert stewardship of Boschulte, who helped craft an innovative, flexible response to the challenges of the pandemic and has continued to drive the USVI’s performance with a data-driven, creative approach to modern tourism.”
Commissioner Boschulte and Deputy Commissioner Farrington joined Governor Bryan for meetings with leading cruise lines, including Disney Cruise Line, Norwegian Cruise Line, and Carnival Corporation & plc, amongst others, to discuss continued partnerships, expansion opportunities, and industry updates.
As the global cruise industry continues to restabilize following challenges incurred during the COVID-19 pandemic, St. Thomas and St. Croix experienced a 13% growth in 2023 over 2019, with West Indian Company Dock, Crown Bay Dock, and E. Abramson Marine Facility welcoming more than 1,600,000 passengers from 495 total calls for the year. With a 58% year-over-year passenger increase from 2022 to 2023, the USVI continues to grow and is projected to experience another 5% increase in cruise passenger arrivals in 2024.
Commissioner Boschulte also highlighted the remarkable success of the USVI and Caribbean region, stating, “I am proud to see the Caribbean’s appeal continue to captivate travelers. Our collaborative efforts with partners like FCCA and the Caribbean Tourism Organization underscore the unity of our region, ensuring unforgettable experiences for visitors while highlighting the unique strengths of the U.S. Virgin Islands. With a safe, welcoming destination and a shared commitment to tourism, we embrace our role as an integral part of the Caribbean community.”
For more information about the U.S. Virgin Islands, please visit https://www.visitusvi.com/.

Continue Reading

FIND US ON FACEBOOK

TRENDING