Planning, Economic Affairs and Development Minister and Minister in the Ministry of Finance Kennedy Swaratsingh says Prime Minister Kamla Persad-Bissessar’s meeting with United States President Donald Trump at the Shield of the Americas Summit could affect relations between Trinidad and Tobago and the United States.
Swaratsingh said the meeting signals a phase of cooperation involving security, energy and trade. He said the engagement could support economic resilience, national security and the country’s role in energy, trade and logistics.
He said the summit focused on responses to organised crime, migration and geopolitical competition in the hemisphere. He said public safety and national stability are requirements for development, economic growth and investor confidence.
He said investor decisions in manufacturing, energy and logistics depend on issues involving crime and stability. According to Minister Swaratsingh, cooperation on regional security and international partnerships can influence investor confidence and the country’s standing for foreign direct investment.
Minister Swaratsingh said the summit also included discussions on energy matters. Prime Minister Persad-Bissessar held talks with United States officials including the US Secretary of Energy on issues involving energy security and opportunities in Trinidad and Tobago.
The Prime Minister also met with United States trade and commerce officials during the summit. The United States is Trinidad and Tobago’s largest trading partner.
Swaratsingh said stronger ties could affect exports of manufactured goods, tourism from the United States market and cooperation in digital services and technology.
He said engagement with the United States could also support sectors including creative industries, business process outsourcing, renewable energy and financial services.
He said the summit and the Prime Minister’s meeting with President Trump signal the potential for deeper cooperation between Trinidad and Tobago and the United States.