T&T, India to expand economic partnerships

PORT OF SPAIN, Trinidad – Prospects for expanding economic partnerships between T&T and India will be the focus of the 2013 India Business Seminar which takes place tomorrow at the T&T Chamber of Industry and Commerce (TTCIC) Building, Westmoorings, from 8 am. The half-day seminar, which has been held annually in March since 2009, is being organised jointly by the TTCIC, InvesTT and the High Commission of India in Port-of-Spain. This year the focus areas are agro-processing, IT/business processing outsourcing (BPO) and clean technology.
Indian High Commissioner Malay Mishra said there will be deeper exploration of economic and other opportunities that have come to the fore since the visit to India in January 2012 by a T&T delegation led by Prime Minister Kamla Persad-Bissessar. “Since then, many investors have come to T&T from India to look at prospects for medium-sized investments in education, waste management, renewable energy and agro processing,” said Mishra, who explained that the aim of tomorrow’s seminar will be to develop strong partnerships in the three focus areas. “We also want to gauge interest in T&T in doing business in India. Given the solid relationship between our two countries, there is no reason why entrepreneurs here should hold back from doing business in India. There is a very strong trade and economic framework to facilitate investment and provide the necessary protections.”