Raphael John-Lall
Former Planning Minister Dr Bhoe Tewarie is hopeful that T&T’s relationship with Venezuela will enter a “new era” characterised by greater cooperation and alignment with the United States.
Commenting on Foreign and Caricom Affairs Minister Sean Sobers’ meeting last week with his Venezuelan counterpart Félix Plasencia, Tewarie said criticism of that engagement has been unhelpful and, in some cases, appeared to border on “partisan sabotage.”
The discussions produced a joint working agenda covering trade, energy, agriculture, environmental protection, culture and collective security, with both governments describing the engagement as opening a “new chapter” in bilateral relations.
In an interview with the Business Guardian, Tewarie said the joint press release issued following the meeting demonstrated that the relationship was being placed within a broader government-to-government framework, with energy representing only one component of a much wider agenda.
“It is clear from the joint press release that order and structure are being brought to bear on a new T&T relationship with Venezuela. Energy, while being immediate and dominant in that relationship, is not the only matter identified in what is essentially an overarching general commitment, government-to-government, in six key connected areas.”
Beyond the Maduro-Rowley era
According to Tewarie, the new framework is significant because it represents a departure from what he described as the highly personal nature of relations between the former Dr Keith Rowley administration and the government of ousted Venezuelan President Nicolás Maduro.
He argued that both countries’ current leadership have reasons to establish a different relationship, pointing to Venezuelan acting President Delcy Rodríguez’s shift towards cooperation with the Donald Trump administration in the United States and Prime Minister Kamla Persad-Bissessar’s alignment with Washington on several issues.
“It is necessary for both acting Venezuelan President Delcy Rodríguez and T&T’s Prime Minister Kamla Persad-Bissessar to distance themselves from the Maduro/ Rowley/Young era. Delcy Rodríguez was a part of that but she has made a U-turn towards cooperation with the Trump administration in the US. Kamla Persad-Bissessar wants to move away as far as possible from the personalist Maduro/ Rowley era and has aligned unequivocally with the US on a number of counts,” he said.
He also pointed out that security and the environment were among the most important areas requiring cooperation.
The security agenda, he noted, extends beyond bilateral concerns, involving drugs, gangs, firearms and transnational crime. He believes effective management of those challenges will require collaboration among Venezuela, T&T, Caricom and the United States, including intelligence and security agencies.
Energy and trade
Tewarie said the anticipated rebuilding of Venezuela’s energy sector could increase environmental risks, particularly as activity intensifies in eastern Venezuela and the Gulf of Paria becomes busier.
He warned that T&T, Venezuela and international energy companies would need to establish both preventive and emergency measures to protect the Gulf’s fisheries and other natural resources.
“Unless Venezuela, T&T and the oil companies collaborate well, the fish, shrimps, and other natural assets of the Gulf of Paria could be in jeopardy. There is need therefore not just for a framework, but for anticipatory and emergency plans to be put in place.”
Beyond energy, Tewarie sees opportunities in agriculture, agro-processing, trade and investment.
He said T&T and Venezuela could learn from each other in food self-sufficiency and develop synergies in agro-processing.
He also expects closer economic ties to create opportunities for T&T businesses, particularly given the country’s expertise in the energy sector, its energy-services capabilities and its English-speaking workforce.
He believes cross-border gas however, remains the major immediate economic issue.
“And cross-border gas is of course the big thing. But the press release mentions energy and natural resources. Who knows where that can end up? We are watching a huge regional energy domain develop before our eyes.”
He said the establishment of permanent communication mechanisms could eventually be followed by the appointment of a Trinidad and Tobago ambassador to Venezuela and high-level visits between the two countries.
Overall, Tewarie believes T&T has made significant progress in its relationships with Venezuela, the United States, Caricom and international oil companies.
With developments involving deepwater exploration, cross-border gas, Venezuela’s changing relationship with the United States and the broader regional energy landscape, he said there was considerable uncertainty—but also considerable opportunity.
“This part of the world is not a settled domain, but things are settling down. A lot of things already done may turn out to have consequences later. One can’t be sure.”
Rapprochement
Regional security analyst Dr Garvin Heerah is warning that T&T’s renewed diplomatic engagement with Venezuela could deliver significant economic, security and strategic benefits, but the Government must proceed carefully because of continuing uncertainty over Venezuela’s political trajectory and potential exposure to US sanctions.
Heerah told the Business Guardian that the significance of the rapprochement extends beyond simply improving relations between the two neighbouring countries.
According to his analysis, the clearest immediate commercial opportunity lies in the renewed possibility of cross-border energy cooperation.
“The stated agenda’s inclusion of trade and energy signals the clearest near-term commercial upside.”
The reopening of dialogue could revive efforts to monetise the Dragon and Loran-Manatee gas fields, potentially providing feedstock for T&T’s underutilised Liquefied Natural Gas (LNG) and petrochemical infrastructure at Point Fortin and Point Lisas.
Heerah also sees opportunities for T&T’s energy-services, engineering and logistics companies if sanctions-related licensing conditions surrounding Venezuela evolve favourably.
At the same time, he said closer relations could help diversify T&T’s trading relationships at a time when the country is facing a new 10 per cent US tariff exposure.
Agriculture represents another potential area of economic cooperation, with stronger trade links potentially contributing to regional food-security resilience.
However, Heerah stressed that energy cooperation must be approached carefully and structured to withstand scrutiny under existing US sanctions frameworks.
“The rapprochement should therefore be read as opening strategic optionality for T&T, not as removing risk from the equation,” he said.
Security benefits
The security implications could be just as important as the economic opportunities.
With T&T located only about seven miles from Venezuela’s Paria Peninsula, the two countries are effectively contiguous when it comes to energy infrastructure, maritime security and migration flows.
Heerah argues that a functioning communication channel between Port-of-Spain and Caracas could reduce the possibility of miscalculation in waters where sustained US naval activity has already heightened regional tensions.
“From a regional security-architecture perspective, the value of this rapprochement extends well beyond the bilateral relationship.”
It could also allow T&T to play a greater role in shaping the security consequences of wider geopolitical competition in the Caribbean.
More importantly for domestic security, improved bilateral cooperation could facilitate intelligence-sharing and coordinated action against trafficking networks, arms flows and organised crime.
Heerah noted that such networks exploit institutional gaps between countries.
“Trafficking networks, arms flows, and organised-crime groups exploit exactly the kind of institutional gap that estranged bilateral relations create,” he said.
Restoring direct cooperation could therefore strengthen T&T’s ability to address cross-border criminal activity.
He said the renewed relationship could also support cooperation in maritime-domain awareness, including radar, vessel tracking and coastal surveillance technology.
Proceeding in Phases
Heerah nevertheless cautions against assuming that diplomatic goodwill will automatically translate into commercial results.
He recommends that engagement be conducted in phases, beginning with humanitarian and cultural cooperation before moving into more sensitive energy and security initiatives.
“Sequence engagement in phases — humanitarian and cultural cooperation first, energy and security cooperation second — to build institutional trust before committing to higher-risk, sanctions-sensitive commitments.”
