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Local trade mission heads to Colombia
Colombia is open to foreign investors and trade, that country’s Ambassador to T&T Alfonso Múnera said yesterday.
“Forget about violence in Colombia, there is violence everywhere. Colombia is a very peaceful country with a very, very stable economy. It has a very democratic government,” he said.
“We have a rich agricultural sector and we have a very dynamic manufacturing sector. Also, we have an open economy. Everyone is welcome to do business in Colombia.”
Múnera spoke at the launch of exporTT’s trade mission to Colombia at exporTT’s head office, Charlotte Street, Port-of-Spain. The mission takes place September 2 to 6 and will be led by Minister of Trade Paula Gopee-Scoon.
Múnera said Colombia has come a long way since they began to open up their economy to foreign investment in the 1990s.
“We decided that we had to abandon protectionism and open the economy which facilitated doing business with everyone. That would have been around 1993 to 1994. From that point we have been consolidating an open economy. We have treaties with the United States, South Korea, Chile and other countries. We have also treated with Caricom,” he said.
He said Colombia wishes to export everything they can to T&T.
“I am not here just to try to promote business from Colombia to Trinidad, I want to promote also business from Trinidad and Tobago to Colombia because I know that in doing that everyone could be happy.”
Betty Ann Noreiga-Mollineau, Manager, Export Promotion, said exporTT wants two way trade and they have their eyes set on the entire Latin American region.
“In this case, the Colombian market. Our research shows that this market represents a number of factors that makes it a viable trading destination for T&T,” she said.
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