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Trinidad and Tobago, UAE to strengthen trade ties

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Senator the Hon.  Paula Gopee-Scoon shakes hands with Mr Omar Hassan Shehadeh, Envoy of the UAE Minister of Foreign Affairs, during his courtesy call at the Ministry of Trade and Industry Headquarters, Port of Spain on Wednesday, May 1, 2024. - Photo courtesy of the Ministry of Trade and Industry
Senator the Hon. Paula Gopee-Scoon shakes hands with Mr Omar Hassan Shehadeh, Envoy of the UAE Minister of Foreign Affairs, during his courtesy call at the Ministry of Trade and Industry Headquarters, Port of Spain on Wednesday, May 1, 2024. – Photo courtesy of the Ministry of Trade and Industry

United Arab Emirates (UAE) Foreign Minister Omar Hassan Shehadeh has expressed interest in deepening investment ties with TT.

On May 1, Trade Minister Paula Gopee-Scoon welcomed a delegation from the UAE.

Scoon said: “The visit provided a good opportunity to improve relations between the two countries.”

A press release from the Ministry of Trade and Industry said Shehadeh “indicated willingness to return to the country with a delegation to explore investment opportunities in the future.”

Potential trade partnerships in the areas of agro-processing, maritime services and renewable energy were points of discussion.

In previous trade between TT and the UAE, TT exported almost $8 million worth of non-energy products, including steel scrap and machinery parts, while imports from the UAE exceeded $95 million in 2022, including alloyed aluminium, black tea and machinery parts.