The T&T Chamber of Industry and Commerce has called for an end to the strike action outside the Trinidad Cement Ltd and for the company and the Oilfield Workers Trade Union (OWTU) to return to the bargaining table. The strike started on Tuesday.
In a statement issued yesterday, the chamber said: Our position continues to be one which does not support, in any way, the threatened or real shut down of any commercial activity in this country, as any such industrial action can only cause damage to the country's already fragile economy. The union is demanding 16 per cent. The company's offer is six-and-a-half per cent.
"This fragility has particularly been evidenced by the flailing local construction sector over the past few years. The chamber had hoped that there would have been a revitalisation of this sector, as one of the means for stimulating our economic growth. However, the current strike action by the employees of TCL will only serve to stymie such efforts." The chamber expressed concern over reports of shortage of cement in Tobago, which, it said, was "causing huge losses in revenue and profit in an economy which can ill-afford such losses." The business body said such revenue losses run counter to the chamber's efforts to resuscitate the economy of the sister isle.
"Reports from the Tobago Division of the chamber already indicate that some construction sites have had to shut down owed to this shortage, leaving workers temporarily unemployed and threatening investor confidence. "We therefore call on the OWTU to end the current strike action immediately. We also call on the management of TCL, along with the union, to return to the negotiating table and settle the current industrial dispute through all other channels provided by the Industrial Relations Act. "Failing this, the dispute should be referred to the Industrial Court for appropriate determination in the interest of the peace and stability of the construction sector and growth of the national economy."
