The 2018 installment of the Energy Chamber's annual Energy Conference begins today at the Hyatt Regency hotel in Port-Of-Spain.
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T&T gets help with standards strategy
Representatives from the International Organization for Standards (ISO) are in T&T to assist regional and local experts to frame a national standardisation strategy. Once in place the standards will ensure that products and services compete on a level playing field.
Trade and Industry Minister Paula Gopee-Scoon said standards play an integral role in trade and business competitiveness across sectors directed by regional and international partnerships.
“The process of measurement, assessment and certification engender confidence and fulfill the essential role of ensuring that goods and services comply with established criteria and also impact positively on the environment and general health, safety and security,” she said in the feature address at an ISO regional workshop at the Hyatt Regency inPort-of-Spain yesterday.
The minister said businesses within Caricom region will be able to compete internationally once they are producing goods and services with proper standards .
“As Caricom citizens operating as part of the developing world, local businesses all face challenges competing globally.
“The reduction in tariff barriers translates into increased competition with the potential to impact manufacturing and other export sectors.”
“It is therefore imperative that regional strategies be executed to improve competitiveness and maximise opportunities created by preferential trade agreements with the aim of successfully penetrating export markets,” Gopee-Scoon said.
She added that the efforts by the T&T Bureau of Standards (TTBS), with its focus on focus on providing efficient, effective and internationally recognised inspection, certification, accreditation and metrology services, will enhance this country’s competitiveness and access to global markets.
Gopee-Scoon said standards and quality-related initiatives can be used by a wide range of stakeholders, including the private sector, state and civil society, to drive economic growth and realise the country’s obligations under the UN Sustainable development goals.
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