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1
FROM THE DESK OF THE<br />
President<br />
Vision<br />
To be the voice of manufacturers in Trinidad<br />
and Tobago, creating value and providing<br />
world class service to our membership.<br />
Board Of Directors<br />
Mr. Christopher Alcazar- President<br />
Ms. Franka Costelloe- First Vice President<br />
Dr. Mikaeel Mohammed- Second Vice President<br />
Mr. Anthony Farah<br />
Mr. Ashmeer Mohamed<br />
Mr. Robin Lewis<br />
Mr. Colin S. Sabga<br />
Mr. George Naime<br />
Mr. Phillip Agostini<br />
Mr. Ryan Lewis<br />
Mr. Rodney Cowan<br />
Mr. Dale Parson<br />
Ms. Tricia Coosal<br />
Mr. Ian Mitchell<br />
Mr. Patricio Torres<br />
<strong>The</strong> Trinidad and Tobago Manufacturers’<br />
Association is once again leading the<br />
way in creating an enabling environment<br />
for our members for growth and<br />
diversification. <strong>The</strong> past year has seen<br />
an even bigger incarnation of the Trade<br />
and Investment Convention (TIC) from<br />
which many success stories have<br />
emerged. Our trade mission to the<br />
Dominican Republic served to expose<br />
the Manufacturing sector to yet another<br />
avenue for investment and expansion.<br />
We are proud to have initiated<br />
our Proudly Manufactured in T&T<br />
campaign, highlighting the treasures<br />
that are our local goods and services<br />
and instilling pride in the Trinidad and<br />
Tobago brand. This campaign is set to<br />
expand and it is our hope for it to seep<br />
into the National consciousness.<br />
<strong>The</strong> TTMA has recognised the changing<br />
economic climate and has lobbied for<br />
contingences at every turn to ensure<br />
the productivity and creativity of our<br />
over four hundred members are not<br />
adversely affected. We are reinforcing<br />
the Manufacturing sector- the second<br />
largest foreign exchange earning<br />
sector for Trinidad and Tobago and<br />
the second largest employer – helping<br />
to make the economy of this country<br />
stronger.<br />
<strong>The</strong> success of the Manufacturing<br />
sector is one we are proud to see<br />
being realised and the efforts of the<br />
Government and key stakeholders<br />
continue to be a key element in this<br />
achievement. We at the TTMA look<br />
forward to continuing to create value<br />
and provide world class service to you<br />
our members in 2018.<br />
3
<strong>The</strong><br />
success<br />
stories<br />
Trade & Investment<br />
2017<br />
Convention
<strong>The</strong> largest manufacturing convention<br />
within the Caribbean region,<br />
the Trade and Investment Convention (TIC 2017) celebrated a successful 18 years<br />
with over <strong>11</strong>,000 patrons in attendance. With its 2017’s theme “From T&T to World”<br />
the four day gathering of local, regional and international exhibitors and buyers<br />
took place at the Centre of Excellence, Macoya from July 6th to 9th.<br />
<strong>The</strong> multi-sector trade show, which is organized and executed by the Trinidad<br />
and Tobago Manufacturers’ Association (TTMA), has proven to be very effective in<br />
terms of expanding local, regional and international trade, attracting manufacturers,<br />
service providers, buyers, distributors, financial institutions and investors.<br />
<strong>The</strong> Trinidad and Tobago economy is currently experiencing an economic recession.<br />
Despite this, the TIC has been a catalyst for new and existing businesses which, by<br />
extension, supports the economic diversification thrust. <strong>The</strong> business community<br />
and stakeholders are seeing how they can reap the rewards once they develop the<br />
necessary business partnerships and make the necessary investments.<br />
5
Exhibitors<br />
Overall TIC is the greatest platform for manufacturers to<br />
showcase their products and services alongside networking and<br />
conducting the relevant business meetings to take their brands<br />
worldwide.<br />
TIC 2017 accommodated 246 booths, 5 pavilions, 1 TTMA<br />
pavilion and 5 sponsor pavilions. Hosted were 212 registered<br />
exhibitors. Of the entire exhibitor population (registered by<br />
booth), 157 (74%) companies were local and 55 (26%) regional<br />
and international. 60 companies were repeat exhibitors from TIC<br />
2017. As is customary, some exhibitors occupied more than one<br />
exhibition space. Again, a significant remainder of companies<br />
exhibited under other business and/or chambers and agencies.<br />
Booth sizes consisted of large booths (3m x 3m), Medium<br />
booths (3m x 2m), and Small booths (Table booths). <strong>The</strong>re were<br />
(3) three 9m x 6m and (2) two 12m x 6m pavilions. Two sections<br />
of the floor plan were dedicated to the Construction sector and<br />
the Food and Beverage sector respectively, while another large<br />
section was a dedicated Automotive Industry Zone.<br />
This year, the automotive industry had its own dedicated area<br />
with over 15 auto-related exhibitors signing on to participate.<br />
<strong>The</strong> (TTMA) partnered with the makers of 100 per cent locally<br />
owned Zorce Racing Magazine (Zorce Publications Ltd). Zorce<br />
provided the convention with high-quality local, regional and<br />
international automotive-related content from insightful new-car<br />
reviews and anything that contributed to the auto industry.<br />
TIC 2017 saw participants from numerous countries, including<br />
Barbados, Belize, Cuba, Costa Rica, Dominica, Dominican<br />
Republic, Grenada, Guyana, Jamaica, Peru, Saint Lucia, St.<br />
Vincent and the Grenadines, Suriname, United Kingdom and<br />
Venezuela.<br />
Buyers<br />
Buyers and distributors have found the need to strive to offer a<br />
complementary range of products that meet the needs of their<br />
customers at the right price, with the right quality, in the right<br />
package and at a lead-time acceptable to their clients. <strong>The</strong> ability<br />
of a buyer and distributor is to differentiate what is value driven.<br />
TIC has noted a significant increase in number of attendees and<br />
buyers over the last three (3) years. It is anticipated that the show<br />
will continue to grow in this regard as we seek to add qualitative<br />
returns to the exhibitors.<br />
Some of the countries that participated were Antigua and<br />
Barbuda, Barbados, Belgium, Bermuda, Brazil, Canada, Chile,<br />
China, Colombia, Costa Rica, Cuba, Dominica, Dominican<br />
Republic, Ghana, Grenada, Guadeloupe, Guyana, Jamaica,<br />
Martinique, Nigeria, Puerto Rico, Saint Lucia, Saint Vincent and<br />
<strong>The</strong> Grenadines, Suriname, United Kingdom and the United<br />
States.<br />
6
B2B<br />
Our Business-to Business (B2B) meeting lounge fostered and<br />
facilitated meaningful business relations between buyers and<br />
exhibitors. All (B2B) meetings were arranged between two<br />
businesses or business representatives to initiate conversations<br />
or aid in the continuation of discussions geared toward the<br />
growth and development of participants’ respective organization<br />
and industry.<br />
Due to great success and high demand our Business-to-<br />
Business meetings were originally scheduled for the business<br />
days of the convention, which were the first two days (Thursday<br />
and Friday) but due to the request for B2B meetings, Saturday<br />
was included in the schedule as a B2B meeting day.<br />
Inward Buyers Mission with exporTT<br />
<strong>The</strong> TTMA and exporTT collaborated in hosting a VIP inward<br />
buyers’ mission at TIC 2017. <strong>The</strong> key factor between Trinidad<br />
and Tobago Manufacturers’ Association (TTMA) and <strong>The</strong><br />
National Export Facilitation Organization of Trinidad and Tobago<br />
(exporTT) was to successfully provide an export platform for<br />
local Trinidad & Tobago exhibitors to promote their products,<br />
meet international buyers and deepen penetration of traditional<br />
markets.<br />
Thank you to our valued sponsors of TIC2017- First Citizens,<br />
Ministry of Trade and Industry, <strong>The</strong> Telecommunications Services<br />
of Trinidad and Tobago, Guardian Group and Balroops Vistrac.<br />
<strong>The</strong> many success stories would not have been possible without<br />
your continued support.<br />
Overall TIC 2017 was a success and we invite you to register and<br />
be a part of TIC 2018 which takes place between July 5th to 8th<br />
at the Centre of Excellence with the theme, “NEW HORIZONS,<br />
NEW OPPORTUNITIES”. Log on to www.ttma.com/tic or email<br />
ticbuyers@ttma.com , ticsales@ttma.com for more information.<br />
We look forward to seeing you there!<br />
7
Trade & Investment<br />
Convention 2018<br />
Launched<br />
On 6th September 2017, the media launch of the Trade<br />
and Investment Convention for 2018 (TIC2018) took place<br />
at Five Star Private Members Club, Chaguanas. This<br />
event hosted by the Trinidad and Tobago Manufacturers’<br />
Association (TTMA) introduced next year’s theme of “New<br />
Horizons, New Opportunities”.<br />
In his address, TTMA’s President Mr. Christopher Alcazar<br />
noted the success of TIC2017 by highlighting the following:<br />
• TIC2017 was the largest TIC that TTMA has ever hosted<br />
with over <strong>11</strong>,500 attendees – with 7,720 being unique<br />
attendees<br />
• This TIC, as has become tradition, saw global<br />
participants from such countries as Barbados, Belize,<br />
Cuba, Costa Rica, Dominica, Dominican Republic,<br />
Grenada, Guyana, Jamaica, Peru, Saint Lucia, St.<br />
Vincent and the Grenadines, Suriname, United Kingdom<br />
and Venezuela<br />
• TIC hosted over 200 Business-to-Business meetings<br />
which translated into meaningful contacts and in some<br />
instances, the proposal and execution of contracts<br />
• TIC2017 saw the generation of over $50 million dollars<br />
in business locally, from the planning stages to the<br />
execution of the 4-day period of TIC<br />
<strong>The</strong> media launch also featured remarks from some of our<br />
sponsors of TIC2018. Mr. Larry Olton of First Citizens noted<br />
the resilience of smaller manufacturers during this time of<br />
economic downturn. He also highlighted that First Citizens<br />
was in the process of taking its services far beyond the<br />
shores of Trinidad and Tobago. He indicated though First<br />
Citizens is currently also in St. Vincent, St. Lucia, Barbados<br />
and Costa Rica, the company is actively searching for new<br />
opportunities to expand into other territories. Mr. Olton also<br />
reiterated that the “local economic situation” compels First<br />
Citizens to find “creative ways to build business opportunity”<br />
and as such, First Citizens is once again proud to partner<br />
with the TTMA for the tenth year in 2018.<br />
8
TIC2018 also welcomes the face of a<br />
new sponsor- S.M. Jaleel Company<br />
Limited- Mr. Marlon Newallo who<br />
delivered remarks on behalf of the<br />
company as a first time sponsor of TIC.<br />
In his remarks, he highlighted the need<br />
to be “innovatively disruptive” given the<br />
current economic climate and the need<br />
to continue expanding the Trinidad<br />
and Tobago brand both regionally and<br />
internationally. Mr. Newallo spoke of<br />
some of the innovative steps that S.M.<br />
Jaleel Co. Ltd. was taking in order to<br />
continue to reinvent itself in today’s<br />
market such as putting out 23 new<br />
products in 2017 alone. In this vein,<br />
Mr. Newallo emphasized that S.M.<br />
Jaleel Co. Ltd’s endorsement of TIC via<br />
sponsorship is another way in which<br />
the company shows its commitment<br />
to local manufacturing, expansion of<br />
markets and its trust in the work of the<br />
TTMA.<br />
Permanent Secretary Norris Herbert<br />
also delivered remarks on behalf of<br />
the Ministry of Trade. <strong>The</strong> Permanent<br />
Secretary once again outlined the wellestablished<br />
relationship that exists<br />
between the TTMA and the Ministry<br />
of Trade over the last 18 years and<br />
spoke with excitement of continuing<br />
this relationship as TIC entered into its<br />
19th year of existence with TIC 2018.<br />
He also emphasized the important<br />
roles that the Ministry of Trade and<br />
the TTMA will play in securing the<br />
financial future of Trinidad and Tobago<br />
as the government continues to drive<br />
diversification.<br />
Valued sponsor representative, Mr.<br />
Vishnu Balroop of Balroops Vistrac<br />
was also in attendance at the event<br />
offering his best wishes and support<br />
for TIC2018.<br />
<strong>The</strong> launch of TIC2018 was twinned<br />
with the launch of TTMA’s “Proudly<br />
Manufactured in T&T” campaign.<br />
Speaking to this campaign was TTMA<br />
Director Mr. Ryan Lewis. Mr. Lewis<br />
indicated that among the many calls<br />
for citizens of Trinidad and Tobago to<br />
support local or buy local, the TTMA<br />
wished “to widen that discussion and<br />
encourage persons to think what it<br />
means to be a Trinbagonian again”.<br />
He invited the citizens of Trinidad and<br />
Tobago and members of the media to<br />
He highlighted that,<br />
“the core message<br />
of who we are<br />
should be the<br />
guiding principle<br />
for every action<br />
we take, word we<br />
speak & decision<br />
we make”.<br />
look out for videos being produced<br />
by the TTMA which hope to show the<br />
people of Trinidad and Tobago the<br />
value of our local manufacturers as<br />
they share their stories.<br />
<strong>The</strong> event closed with a networking<br />
session in which all attendees were able<br />
to exchange ideas and visions for the<br />
new horizons and new opportunities<br />
which TIC2018 holds.<br />
9
the<br />
World<br />
of chocolate<br />
Trinidad & Tobago Fine Cocoa Company Ltd<br />
<strong>The</strong> Trinidad & Tobago Fine<br />
Cocoa Company Ltd (TTFCC)<br />
was established as a publicprivate<br />
partnership with the aim<br />
of rehabilitating the cocoa sector.<br />
This has been achieved through<br />
improving the quality and<br />
yield of bean production<br />
and developing valueadded<br />
products for the local,<br />
regional and international<br />
markets. Having won the ‘Innovator<br />
of the Year’ award meant that we<br />
would be able to promote the sector<br />
on a different level locally, while raising<br />
awareness internationally. TTFCC has<br />
been graciously located on the La<br />
Reunion Estate in Trinidad, covering<br />
200 hectares, on which award-winning<br />
cocoa is grown. Together with our<br />
state-of the art processing<br />
facility, we can produce<br />
a complete bean-tobar<br />
product of the<br />
highest quality.<br />
TTFCC has been able to<br />
offer products such as cocoa liquor,<br />
couverture, cocoa powder, cocoa nibs,<br />
and chocolates of varying percentages<br />
in varieties of ‘Dark’ and ‘Milk’. As a<br />
processing facility, we have been able<br />
to offer other farmers and producers<br />
the use of our equipment.<br />
This has been done at a cost which<br />
is calculated based on the aspect of<br />
processing and quantities. TTFCC<br />
has continued to encourage those in<br />
need of processing to make use of<br />
our facility as we engender oneness in<br />
a drive to rehabilitate cocoa growing<br />
and production. Being proudly<br />
manufactured in Trinidad and Tobago<br />
in the realm of cocoa production is a<br />
key point to convey to consumers. <strong>The</strong><br />
providence and origin of the cocoa<br />
became increasingly important for<br />
fine foods and high quality markets.<br />
<strong>The</strong> interest of origin can be reflected<br />
in Harrods’ choice to co-brand with<br />
TTFCC to showcase four different<br />
single estate chocolates.<br />
Trinidad and Tobago’s heritage has<br />
been highlighted through our novel<br />
‘Steel Pan Tin’ packaging. On that<br />
note, TTFCC has been the proud<br />
recipient of two esteemed 2017<br />
Academy of Chocolate Silver Awards.<br />
10
One award commended our ‘Steel Pan<br />
Tin’ packaging while the other award<br />
was designated for our very own La<br />
Reunion 70% Single Estate Dark<br />
Chocolate formulation in the ‘Tree-to-<br />
Bar’ category. This item was created to<br />
display the beauty of our culture to the<br />
world while connecting Trinbagonians<br />
to their rich history of cocoa farming<br />
and production. Through these<br />
ventures we highlight the farmers and<br />
their estates. TTFCC currently engages<br />
over 20 partner estates and we intend<br />
to work with many farmers throughout<br />
the country.<br />
TTMA and TTFCC could educate the<br />
consumer on the local products in the<br />
market. This effort could encourage<br />
consumers to think differently about<br />
the local products; influencing and<br />
changing their buying behaviour. Due<br />
to the increased awareness of the<br />
cocoa industry, the need to support<br />
local farmers has been imminent.<br />
Local ingredients should be promoted<br />
to domestic food processing facilities<br />
alongside this effort. We pride ourselves<br />
at sourcing all of our ingredients from<br />
Trinidad and Tobago.<br />
<strong>The</strong> Trade and Investment Convention<br />
(TIC) assisted us in finding new<br />
business opportunities as well as<br />
fruitful partnership agreements. TIC<br />
also provided a means to obtain<br />
instant feedback from consumers on<br />
our products. <strong>The</strong> information gathered<br />
proved vital for our operations. With<br />
regards to export and diversification,<br />
we intend to increase our range of<br />
products. Utilising local ingredients<br />
would be a key aspect of this range as<br />
we develop new flavours and culinary<br />
experiences.<br />
<strong>The</strong> Trinidad & Tobago Fine Cocoa<br />
Company (TTFCC) Ltd, partnered<br />
with the Inter-American Development<br />
Bank (IDB) and the Cocoa Research<br />
Centre of the University of West Indies<br />
to launch a three-year programme<br />
that would assist cocoa growers to<br />
improve the quality and yield of their<br />
beans. This project would also ensure<br />
access to value-added markets both<br />
domestically and internationally. Known<br />
as “IMPACTT” (Improving Marketing<br />
and Production of Artisanal Cocoa from<br />
Trinidad & Tobago), this project was<br />
aimed to develop standards, cocoa<br />
origin tracking tools, a certification<br />
system and a range of marketing tools<br />
that would aid growers in selling their<br />
beans at the highest value. A project<br />
of this scale could not be possible<br />
without the support from institutions<br />
such as the British High Commission,<br />
the Ministry of Agriculture, UWI and the<br />
IDB.<br />
TTMA has supported TTFCC<br />
immeasurably from our beginning. Our<br />
successful co-branding with Harrods<br />
could not have been possible without<br />
TTMA’s faith in our company, as well<br />
as their assistance by any plausible<br />
means. Our partnership with the world<br />
famous Harrods Stores, London gave<br />
rise to a Limited Edition 2017 Trinidad<br />
& Tobago Harrods collection. <strong>The</strong>se<br />
estates were selected by the discerning<br />
chefs at Harrods and profiled four<br />
of the finest Trinitario cocoa estates<br />
from Central, South, North and East<br />
Trinidad.<br />
<strong>The</strong> four featured estates included;<br />
La Reunion Estate, Ortinola Estate,<br />
Tableland Evergreen Estate, and the<br />
Aripo Estate. This internationally<br />
recognized effort brought a greater<br />
interest and understanding of Trinidad<br />
and Tobago’s Trinitario cocoa, while<br />
emphasizing the impeccable reputation<br />
held for our cocoa worldwide.<br />
TTFCC has been the proud recipient<br />
of two esteemed 2017 Academy of<br />
Chocolate Silver Awards.<br />
<strong>11</strong>
Hilda’s<br />
Premium Pepper Sauce<br />
Hilda’s Premium pepper sauce remains<br />
a handed-down family recipe for two<br />
generations. In 2015 we decided to form<br />
Morningside Premium Foods<br />
Limited to bring our unique recipe<br />
to your kitchen. Today, you can find<br />
our five flavors in many supermarkets,<br />
specialty shops and restaurants<br />
around Trinidad and Tobago. Our<br />
journey to national recognition has not<br />
been an easy task; however, Hilda’s got<br />
a most welcomed boost by winning<br />
the 2016 Excellence in Manufacturing<br />
Award (Manufacturer of the Year- small<br />
category) from the Trinidad and Tobago<br />
Manufacturers’ Association.<br />
Hilda’s not only pride our self with the<br />
award but also by extension our local<br />
farmers and distributors that all helped<br />
to make that all important journey from<br />
our factory to your plate a success. I<br />
feel proud to know that Trinidad and<br />
Tobago can produce high quality<br />
consumables that can compete on the<br />
world’s market. This award is proof that<br />
hard work and dedication pays off. This<br />
milestone has added to the growth of<br />
the company by encouraging us to<br />
strive for higher accomplishments and<br />
greater heights.<br />
As it is said, ‘like grandma use to<br />
make it,’ Hilda’s remains MSG, corn<br />
starch and food colouring free, which<br />
encourages our manufacturing team to<br />
find the best local produce that goes<br />
into each of our five flavors. By going<br />
straight to the farmer, we are not only<br />
guaranteed the freshest ingredients,<br />
but this initiative helps us control our<br />
production cost as savings that we<br />
pass on directly to our consumers.<br />
With that said, customers ‘buying local’<br />
helps in creating jobs and generating<br />
cash flow, thus impacting positively on<br />
the economy.<br />
By partnering with the TTMA and<br />
partaking in the Trade and Investment<br />
Convention [TIC] in 2016 and 2017, it<br />
opened up new avenues for us to meet<br />
new local suppliers and showcased<br />
what Trinidad and Tobago has to<br />
offer both to the international and<br />
local business community and the<br />
general public, TIC 2016 and 2017<br />
has propelled Hilda’s into a broader<br />
spotlight locally in which we were able<br />
to acquire key accounts.<br />
<strong>The</strong> TTMA has embarked on a campaign<br />
with local businesses, to support<br />
the local industries to instill pride in<br />
the saying “Proudly Manufactured in<br />
T&T”, we at Morningside Premium<br />
Foods Limited [Hilda’s] take great<br />
pleasure in working with the TTMA in<br />
this endeavour. TIC has allowed us to<br />
forge new business relationships with<br />
potential buyers both Regionally and<br />
Internationally, it has afforded us the<br />
opportunity as a small business to<br />
have private meetings [B2B] with the<br />
buyers, to gain insight into the business<br />
practices and food regulations in their<br />
respective countries.<br />
12
A handed-down family<br />
recipe for two generations.<br />
Morningside Premium Foods would<br />
like to be a global brand with a diverse<br />
product line that offers a range of<br />
quality products. Taking our business<br />
international is the next step in our<br />
vision of worldwide recognition. By<br />
diversifying our range of products, we<br />
hope to introduce the international<br />
community to the unique and<br />
tantalizing taste of our culture. Our aim<br />
is to be a household name of people of<br />
all demographics.<br />
For us, “Proudly Manufactured in T&T”<br />
remains a badge of honour. Like our<br />
pepper sauces, it may be a bold vision,<br />
but we remain committed to local<br />
manufacturing while working toward<br />
worldwide recognition. We remain<br />
committed to growing our regional and<br />
international market; we know that by<br />
doing so we are not only taking Hilda’s<br />
to the world but Trinidad and Tobago<br />
as well.<br />
Keeping<br />
Things<br />
Local<br />
13
Illicit<br />
Trade<br />
by Ismahieel Ali and Joy Francis<br />
As international trade has expanded<br />
dramatically in the 21st century, so too<br />
illicit trade has grown. <strong>The</strong> expansion<br />
of this trade has been to infiltrate the<br />
Caribbean region, and more specifically,<br />
Trinidad and Tobago has become the<br />
home to this type of trade. Everyday<br />
life is becoming seriously affected from<br />
counterfeit products to increasing drug<br />
crimes. <strong>The</strong> effects of this trade range<br />
from economic, environmental, and<br />
social and it is becoming challenging<br />
to curb its impacts.<br />
So what is illicit trade?<br />
<strong>The</strong> World Economic Forum (WEF)’s<br />
Global Agenda Council on Illicit Trade<br />
defines it as “involving money, goods or<br />
value gained from illegal and generally<br />
unethical activity. It encompasses a<br />
wide variety of illegal trading activities,<br />
including human trafficking, smuggling<br />
of excisable goods and trade in illegal<br />
drugs, as well as a variety of illicit<br />
financial flows”. While the definition is<br />
lengthy, it encapsulates the ‘meat’ of<br />
this trade. We are confronted by this<br />
trade every day.<br />
WEF continues to state that the “value<br />
of illicit trade – primarily the sale of<br />
counterfeit goods – is estimated<br />
at US$ 650 billion worldwide. If we<br />
include money laundering, the number<br />
jumps to an astonishing US$ 2 trillion,<br />
compared to a legitimate global trade<br />
figure of about US$ 10 trillion. <strong>The</strong> illicit<br />
economy is, worryingly, truly vast”. This<br />
statement from WEF is profound to say<br />
the least and TTMA is of the belief that<br />
this type of trade is becoming more<br />
prominent in our jurisdiction and the<br />
catastrophic effects are widespread.<br />
<strong>The</strong> worrying fact is that there is limited<br />
information on this type of trade and<br />
this need to change.<br />
<strong>The</strong> impacts are farreaching…<br />
As previously stated, the risks are<br />
economic, environmental and social.<br />
Firstly, illicit trade and financial flows<br />
reroute money from the legitimate<br />
economy. Environmentally, some of<br />
these trades reduce natural resources<br />
or have other environmentally negative<br />
effects. Socially, the impacts are<br />
enormous. <strong>The</strong>re are the direct effects<br />
of human trafficking and the harm<br />
caused by counterfeit drugs and<br />
medicines.<br />
As previously stated, the impacts are<br />
far–reaching affecting all areas of the<br />
economy and society. For example,<br />
illicit trade and financial flows reroute<br />
money from the legitimate economy. In<br />
a nutshell, illicit financial flows (money<br />
gained from illegal means) are seen<br />
as a major economic impediment<br />
to sustainable development since<br />
exorbitant losses are expected since<br />
a country as a whole and businesses<br />
lose income investment, markets<br />
and legitimacy; and populations are<br />
marginalized and exposed to health<br />
risks. As the saying goes, this is the tip<br />
of the iceberg…<br />
Research in the area of illicit<br />
financial flows generated by one key<br />
transnational organized crime sector,<br />
the global market for cocaine, was<br />
14
Illicit<br />
trade is:<br />
Involving money, goods or<br />
value gained from illegal and<br />
generally unethical activity.<br />
also conducted for this article. <strong>The</strong><br />
gross profits out of cocaine sales<br />
were estimated at US$84 billion for<br />
the year 2009, compared with about<br />
US$1 billion earned by the farmers in<br />
the Andean region. Most of the gross<br />
profits (retail and wholesale) were<br />
generated in North America (US$35<br />
billion) and in West and Central Europe<br />
(US$26 billion).This research was done<br />
by the United Nations Office on Drugs<br />
and Crime. <strong>The</strong> money generated from<br />
this illegal market is often used to<br />
support a cycle of corruption practices<br />
and allowing groups in power to gain<br />
resources that can be used for selfinterests<br />
and not the interests of the<br />
populace.<br />
Environmentally, the impacts of illicit<br />
trade on the environment go beyond<br />
the immediate detrimental effects<br />
on target species. For instance, illicit<br />
trade in wildlife can lead to the spread<br />
of diseases and invasive species<br />
when live animals are moved across<br />
international borders. <strong>The</strong> populace<br />
is faced with health risks from these<br />
invasive species. Trinidad and Tobago<br />
has seen over the years an increase<br />
in illicit cigarettes, counterfeit alcohol,<br />
guns, wildlife and many more. <strong>The</strong>se<br />
items have been imported illegally at<br />
an alarming rate as the country has<br />
been seen as a major trading hub.<br />
TTMA’s role….<br />
In an attempt to tackle this growing<br />
problem, the Trinidad and Tobago<br />
Manufacturers’ Association (TTMA)<br />
has established a Trade Desk Officer to<br />
focus on the investigation of illicit trade<br />
and unfair trading practices in Trinidad<br />
and Tobago.<br />
This Trade Desk has been established<br />
to highlight the area on illicit trade and<br />
its impact on the manufacturing sector<br />
and to strengthen partnerships with key<br />
agencies with the aim of developing<br />
strategies to combat illicit trade.<br />
Primarily, the functions of this Trade<br />
Desk are to receive and record<br />
complaints of illicit trade and unfair<br />
trade practices by our members,<br />
conduct investigation into these<br />
complaints, report complaints to<br />
relevant authorities (Customs and<br />
Excise, TTBS , CFDD , Fair Trading<br />
Unit) and address way forward. <strong>The</strong><br />
four main areas that will be addressed<br />
by the Trade Desk include:<br />
• Counterfeiting<br />
• Dumping Practices<br />
• Smuggling<br />
• Non-compliance to<br />
labeling regulations.<br />
Illicit trade, in its varying forms poses<br />
number of adverse problems for<br />
society, government and state. It is<br />
the hope of TTMA, that this desk will<br />
commence the end of illicit trade in<br />
our ‘home’ of Trinidad and Tobago.<br />
Please contact Mr. Ismahieel Ali at<br />
tradeassist@ttma.com or 675-8862<br />
extension 234 for more information on<br />
the illicit trade desk at TTMA.<br />
15
TTMA's<br />
President’s Dinner<br />
&<br />
Excellence in Manufacturing Awards<br />
On Tuesday 3rd October 2017, the<br />
Trinidad and Tobago Manufacturers’<br />
Association hosted its annual<br />
President’s Dinner and Excellence in<br />
Manufacturing Awards at the Hyatt<br />
Regency Trinidad. This formal event<br />
saw attendees from all sectors of<br />
manufacturing gather to celebrate<br />
winners of various new and existing<br />
categories in manufacturing excellence.<br />
<strong>The</strong> event showcased this country’s<br />
manufacturing innovation and<br />
capability as well as new insight into<br />
green manufacturing all the while<br />
promoting this thriving sector both<br />
locally and abroad.<br />
<strong>The</strong> feature speaker of this event was<br />
Mr. Robert Price, Chairman of the Board<br />
of PriceSmart Inc.. Mr. Price spoke<br />
about building a successful business<br />
with his father as well as supporting<br />
locally made products in Trinidad and<br />
Tobago, such as Blue Waters Products<br />
Limited who will be providing water<br />
for the PriceSmart franchise under a<br />
private label.<br />
TTMA also presented its Lifetime<br />
Achievement Award to Mr. Arthur Lok<br />
Jack who spoke about diversifying<br />
the economy and supporting the<br />
manufacturing sector to help get out of<br />
this recessionary period.<br />
<strong>The</strong> evening closed on a speech given<br />
my TTMA’s President, Mr. Christopher<br />
Alcazar who noted “Nation building<br />
is important for us in the business<br />
community but it is not only up to<br />
us to build the nation, it is up to<br />
everyone who lives in this society…..<br />
Nation building includes when you<br />
as a consumer read on the back of a<br />
product ‘Made in Trinidad and Tobago’<br />
you are supposed to feel a sense of<br />
pride. To some, you might believe that<br />
‘Made in Trinidad and Tobago’ isn’t a<br />
prestigious thing – after all we believe<br />
foreign thing is bess. Wrong.”<br />
Recognition was given to manufacturers<br />
for excellence in various categories –<br />
•Innovator of the Year – Trinidad and<br />
Tobago Fine Cocoa Company Limited<br />
•Green Manufacturer of the Year –<br />
Crown Lithography Trinidad Limited<br />
•Excellence in Service Award –<br />
Blue Waters Products Limited<br />
•New Market Entrant Small/Medium –<br />
RHS Marketing Limited<br />
•New Market Entrant Large –<br />
Angostura Limited<br />
•Manufacturer of the Year Small –<br />
Morning Premium Foods Limited<br />
•Manufacturer of the Year Medium –<br />
Shazam Enterprises and Investments<br />
Limited<br />
•Manufacturer of the Year Large –<br />
Trinidad Tissues Limited<br />
16
Mr. Arthur Lok Jack was A<br />
recipient of TTMA’s Lifetime<br />
Achievement Award for 2017.<br />
17
<strong>The</strong> company started 20<br />
years ago by the Management<br />
team of ALI’S HARDWARE AND<br />
METAL FABRICATORS LTD of Union<br />
Road Marabella, Trinidad; the parent<br />
company of SHAZAM ENTERPRISES<br />
AND INVESTMENTS LTD. ALI’S<br />
HARDWARE itself was founded 45<br />
years ago by MR. SHAFFIAT ALI and<br />
MRS. SALIMA ALI. From its humble<br />
beginning, Ali’s Hardware grew to<br />
become a major wholesaler and retailer<br />
of hardware and building products.<br />
Shazad Ali the Managing Director of<br />
Shazam Enterprises continued from<br />
ALI’S HARDWARE to establish a<br />
company that would grow in the future<br />
into an exemplary organization moving<br />
ahead in a time of much change in the<br />
global marketplace.<br />
Shazam Enterprises has been involved<br />
in the importing and distributing of a<br />
range of hardware products, principal<br />
of which have been PVC pipes and<br />
fittings. <strong>The</strong> demand in the market for<br />
quality products at competitive prices<br />
brought a change to our strategy. In<br />
2013 Shazam Enterprises decided to<br />
venture into the manufacturing of PVC<br />
pipes. In 2014 Shazam Enterprises<br />
started manufacturing PVC pipes.<br />
Since then Shazam has developed the<br />
ability and skill to steadily manufacture<br />
quality PVC pipes that meets<br />
international standards. <strong>The</strong> quality of<br />
our PVC pipes has given Shazam the<br />
opportunity to competitively export to<br />
the Caribbean region.<br />
Winning awards from TTMA in 2015<br />
and 2016 is testimony to the fact that<br />
Shazam as an organization has risen to<br />
the task and will continue to improve<br />
God willing.<br />
Union Road Marabella was the<br />
genesis of Shazam Enterprises. <strong>The</strong><br />
evolution of the organization from<br />
retail to manufacturing was a giant<br />
step requiring a paradigm shift in<br />
strategy and operations. Many manhours<br />
went into research, learning,<br />
training, planning, resourcing, sourcing<br />
and then finally into executing for<br />
‘Go Live’ in 2014. Our winning the<br />
awards of New Market Entrant – 2015<br />
and Manufacturer of the Year 2016 –<br />
Medium size category was exciting for<br />
us for many reasons. <strong>The</strong>se awards<br />
confirmed to us that our vision and<br />
strategy maintained focus. Winning<br />
the awards also reinforced our impetus<br />
to remain unrelenting in our pursuit of<br />
excellence, for the pride lay in the fact<br />
that we were manufacturing locally<br />
a product of international standards;<br />
able to meet the requirements of our<br />
customers.<br />
“Proudly manufactured in TT” is a<br />
vision and an aim for us at Shazam<br />
Enterprises. Locally manufactured<br />
means to us firstly that TT has the<br />
skills and resources to provide a level<br />
of independence from imported goods.<br />
At Shazam Enterprises manufacturing<br />
locally gives us the ability to manage and<br />
control our business more efficiently<br />
and effectively. This means that we can<br />
“see and touch” our product to ensure<br />
the best quality is produced for our<br />
customers. In-house manufacturing<br />
means we can better control costs to<br />
ensure the price of our product remains<br />
competitive to the advantage of our<br />
customers. It is important to us to<br />
sustain local manufacturing to be able<br />
to provide employment to our national<br />
people thereby contributing to local<br />
organic growth of our economy.<br />
<strong>The</strong> growth of the economy is<br />
dependent on many factors and<br />
sectors. One such is the manufacturing<br />
sector of our country. Manufacturers<br />
18
provide employment to the citizens<br />
of the country; encourages the<br />
development of skills and resources<br />
and provide income to the government.<br />
Our customers are no less an important<br />
stakeholder in the development of<br />
our country. Shazam Enterprises<br />
supports the local manufacturing<br />
sector by encouraging and educating<br />
customers on the cost effectiveness<br />
of buying locally manufactured<br />
products of world class quality. We<br />
also believe in sensitizing customers<br />
on the opportunities for sustainable<br />
employment created by local<br />
manufacturing while being patriotic<br />
to country by supporting the locally<br />
manufactured products. This is an area<br />
we at Shazam Enterprises are willing<br />
to work with the TTMA in driving the<br />
initiative to Support Local/Buy Local.<br />
Shazam Enterprises has been involved<br />
in the TIC for the last four years. This<br />
event has become our premier sales<br />
and marketing event of the year. TIC<br />
has been the perfect showcase to<br />
expose Shazam Enterprises products<br />
and what we do, to the thousands<br />
who attended from across the region.<br />
Of the many who visited our booths<br />
in the past years, several meaningful<br />
contacts were established. TIC is a<br />
great way of networking and bringing<br />
our brand name and products to<br />
wholesalers, retailers, homeowners,<br />
and entrepreneurs. As we move ahead<br />
with our manufacturing and export<br />
targets we endeavor to maintain the<br />
resource TIC offers as we see many<br />
positives in participating in the event.<br />
Shazam Enterprises has shown steady<br />
growth in exports since starting its<br />
manufacturing department. We are<br />
constantly evaluating our position,<br />
processes and strategy to increase our<br />
leverage while sustaining high quality<br />
levels in our manufactured and other<br />
products. Our main goal is to ensure<br />
that our most valued stakeholders<br />
remain satisfied while developing<br />
an organization that is honest and<br />
ethical in its practices, leading the<br />
way in manufacturing and exporting.<br />
PROUDLY<br />
MANU FACTURED<br />
IN T&T!<br />
We intend to continue on the path of<br />
manufacturing PVC pipes with plans to<br />
increase our product range and market<br />
coverage as we move into the future.<br />
Winning the Prestigious TTMA<br />
“Manufacturer of the Year” Award<br />
represents the united sprit in all of us<br />
at Shazam Enterprises. This has fueled<br />
our drive for continued prominence in<br />
the market place. Shazam Enterprises<br />
expresses heartfelt appreciation for<br />
the recognition received through this<br />
award and commends the TTMA for<br />
their valiant efforts in working with their<br />
members to attain success.<br />
19
Blue Waters<br />
About<br />
Products Limited<br />
Blue Waters Products Limited was<br />
incorporated in the Republic of Trinidad<br />
and Tobago on September 25, 1998 and<br />
began operations in 1999 to manufacture<br />
and distribute purified bottled water. <strong>The</strong><br />
operations of the company have grown<br />
significantly over the last 18 years of its<br />
existence and involves the manufacture,<br />
wholesale and retail of purified and<br />
flavoured bottled water, the manufacture<br />
of Pepsi branded products under license<br />
and the wholesaling and retailing of<br />
other non-alcoholic beverages including<br />
energy drinks, such as Monster Energy<br />
Drink. Blue Waters Products Limited has<br />
grown to be an iconic Caribbean brand<br />
over the years and is now the preferred<br />
brand of bottled purified drinking water in<br />
the Caribbean.<br />
Blue Waters operates a modern facility<br />
in Orange Grove which can be simply<br />
described as world class by international<br />
beverage manufacturing standards,<br />
where it bottles water, sourced from<br />
an underground artesian well, filtered<br />
and purified, bottled and distributed to<br />
customers across the Caribbean. A key<br />
milestone in the company’s history is<br />
the establishment of a sister plant in the<br />
beautiful island of St. Lucia, Blue Waters<br />
St. Lucia Limited in 2013. <strong>The</strong> plant has<br />
been outfitted with new state of the art<br />
equipment and not only bottles and<br />
distributes purified bottled water, but<br />
also distributes several other beverages<br />
under its portfolio such as Monster<br />
Energy Drink and other beverage brands.<br />
In addition to this, Blue Waters Agriculture<br />
division, ‘Wit Luv Farms’, boasts of a<br />
variety of agriculture produce on its<br />
estate. <strong>The</strong> farm currently produces for<br />
sale a variety of tree crops including<br />
coconuts, citrus, limes, avocados,<br />
breadfruit, chataigne and a variety of<br />
exotic fruits. In addition to this, the farm<br />
has invested in recycling equipment and<br />
produces organic decorative mulch.<br />
<strong>The</strong> farm is also anticipating its first<br />
commercial harvest of honey from its on<br />
farm bee hives before the end of the year<br />
2017. Wit Luv Farms has also sought to<br />
invest in an advanced hydroponic system<br />
which should begin operations sometime<br />
in 2018 and will allow the production of<br />
a consistent supply of leafy greens in a<br />
controlled environment.<br />
Proudly<br />
Made in the<br />
Caribbean<br />
Blue Waters was deeply honored and<br />
grateful for the recognition of its service<br />
excellence amongst our peers.<br />
Blue Waters proudly manufactures<br />
its beverages in Trinidad and Tobago<br />
and St. Lucia, employing hundreds<br />
of hardworking individuals in its<br />
manufacturing operations both in<br />
Trinidad and St. Lucia. Blue Waters<br />
continues to be committed to do what<br />
we can to help our country grow and<br />
prosper and drive the economic engine<br />
of our manufacturing sector.<br />
20
All of this under<br />
one umbrella<br />
At Blue Waters, we love doing what we<br />
do, refreshing our consumers with quality,<br />
functional and great tasting beverages<br />
and we feel a deep sense of pride in<br />
providing them with beverages that they<br />
want and love. Through our employees,<br />
whose artistic work tells our story in a way<br />
that connects with our consumers, our<br />
consumers believe in our product quality<br />
and taste and this accomplishment is<br />
lived through the mission and vision<br />
adopted by Blue Waters employees in the<br />
Blue Waters Way. Building this emotional<br />
connection with our customers can be<br />
magical and we believe that this is what<br />
our customers have come to expect from<br />
us, every day.<br />
We are proud to be able to say, without<br />
exception, that Blue Waters products is<br />
proud to be made in Trinidad and Tobago<br />
and St. Lucia.<br />
Looking<br />
F o rwa r d<br />
We at Blue Waters want to continue in<br />
our drive for excellence to manufacture<br />
and create more products in our country.<br />
We cannot do it alone. Our suppliers,<br />
partners and peers must also join us in<br />
this journey. When consumers purchase<br />
products made in Trinidad and Tobago,<br />
we contribute to our local economy and<br />
as we continue to invest locally and<br />
create more opportunities for growth and<br />
employment, as a society, we are made<br />
better off.<br />
<strong>The</strong> TTMA can help us drive the initiative<br />
of Support Local / Buy Local by working<br />
with our Government authorities<br />
along with other Non-Government<br />
Organizations, Chambers and the wider<br />
private sector to work together on<br />
several fronts to inform consumers on the<br />
quality of local manufactured products,<br />
to reduce bureaucratic government<br />
processes by lobbying for change and<br />
by providing avenues to showcase local<br />
manufacturing in trade shows both at<br />
home and abroad.<br />
Given our current economic realities and<br />
with reference to the speech made by<br />
Mr. Arthur Lok Jack, we cannot continue<br />
to rely only our local market for revenue.<br />
We at Blue Waters see our markets as<br />
the Caribbean and beyond. <strong>The</strong> need<br />
for export to drive the inflow of foreign<br />
currency is necessary to continue to<br />
diversify away from our reliance as an<br />
economy on oil and gas, manufacturing<br />
should lead this call. We at Blue Waters<br />
are doing our part and have established<br />
a sister plant in St. Lucia, Blue Waters St.<br />
Lucia Limited, to serve markets across<br />
the region and also, major distribution<br />
partners in several Caribbean countries.<br />
Blue Waters continues to look for new<br />
opportunities and avenues for investment<br />
and export.<br />
We wish to thank the TTMA for again<br />
recognizing our contribution to Trinidad<br />
and Tobago and look forward to further<br />
discourse on how Blue Waters as a<br />
company can contribute positively<br />
to Trinidad and Tobago and its<br />
manufacturing sector.<br />
21
Thinking local<br />
Grand Bay Paper Products Ltd<br />
Grand Bay Paper Products Ltd (GBP) is<br />
the largest Tissue Mill in the Caribbean<br />
Region and operates a modern, state<br />
of the art plant. Trinidad Tissues<br />
Limited (TTL) is today the largest tissue<br />
converting plant in the CARICOM<br />
region. Our products are widely<br />
distributed throughout the Caribbean<br />
Region through distributors within<br />
Trinidad, CARICOM, Dutch Islands,<br />
and recently Puerto Rico, Florida,<br />
Cuba and the Dominican Republic.<br />
Our operations are environmentally<br />
friendly and we utilize 100% virgin<br />
pulp and recycled paper in our tissue<br />
manufacturing processes.<br />
<strong>The</strong> paper manufacturing process is<br />
a relatively new industry in Trinidad &<br />
Tobago and it has been very challenging<br />
getting started.<br />
But now TTL/GBP is moving forward<br />
with a dedicated team, expanding<br />
our footprint of customers throughout<br />
the region and competing with<br />
multinational brands such as Procter &<br />
Gamble and Kimberly Clarke. <strong>The</strong>se<br />
international paper companies are<br />
primarily located in North America<br />
and Europe. However, GBP/TTL has<br />
managed to establish the industry<br />
in Trinidad and Tobago creating<br />
manufacturing and service jobs that<br />
help fuel the employment of nationals.<br />
Our group of companies continues<br />
to support capital investment for the<br />
continued expansion of our business.<br />
GBP and TTL embody the philosophy of<br />
“Think Local” through our talent<br />
and our brands; 2 key components<br />
of our company’s strategy. Together,<br />
the companies employ over 400<br />
employees from Trinidad and Tobago.<br />
Traditional household brands such as<br />
White Cloud®, Soft ‘n’ Pretty®, Soft<br />
Weave®, Tis-u® and Nature Soft®<br />
products have become strong players<br />
and even market leaders in their<br />
categories.<br />
With the recent launch of TTL’s<br />
“GoTTLocal” campaign, these<br />
brands are continuing to strengthen<br />
their local identities which emotionally<br />
engage customers and consumers to<br />
be encouraged to choose our products.<br />
<strong>The</strong> campaign uses the initials of the<br />
company TTL to strategically juxtapose<br />
a call to action to customers and<br />
citizens to “GoTTLocal”.<br />
<strong>The</strong> name serves as a call to action<br />
and invokes a sense of national pride<br />
and “nation building”. A topic that was<br />
raised by the President of the Trinidad<br />
& Tobago’s Manufacturing Association,<br />
Mr. Christopher Alcazar at the recent<br />
2017 President’s Dinner & Excellence<br />
in Manufacturing Awards. He stated<br />
that “Nation building is important for us<br />
in the business community but it is not<br />
only up to us to build the nation, it is up<br />
to everyone who lives in this society”.<br />
TTL and GBP are proud to play a role<br />
in building our nation through our<br />
“TTLocal” campaign both with our<br />
employees and consumers. We are<br />
supporting our nation through the<br />
employment of Trinidad and Tobago<br />
citizens, generation of foreign exchange<br />
and consumer education. Awareness<br />
and education is being executed via our<br />
radio and digital advertising, website<br />
and social media Facebook platforms;<br />
reaching everyone at various levels<br />
of technological capabilities and of<br />
course where it matters the most – the<br />
consumer’s decision making process -<br />
at the shelf.<br />
Our products are a part of everything we do:<br />
Everywhere we go....<br />
When we Are good to go and of course...<br />
When we have to go...<br />
22
Our products showcase their journey<br />
from “pulp-to-shelf”- a manufacturing<br />
process that will make all nationals<br />
proud to understand the capability of<br />
the company and build a sense of pride<br />
for our wide range of local products.<br />
At Trinidad Tissues Ltd, we try to<br />
“Think, Buy and Be Local”.<br />
In addition to TTLocal, GBP/TTL<br />
recognizes the invaluable role that the<br />
company plays in the protection of the<br />
environment, and so not only recycles<br />
the huge volumes of water used in<br />
the production process but have<br />
engaged in planning a more extensive<br />
paper recycling program that would<br />
incorporate the support from both the<br />
public and private sectors.<br />
Paper makes up a significant<br />
percentage of the solid waste stream<br />
and is one of the most recoverable<br />
materials. Recycling provides many<br />
direct and indirect benefits including;<br />
preventing emissions of many<br />
greenhouse gases and water pollutants<br />
and supplying valuable raw materials<br />
to the industry.<br />
<strong>The</strong> company partners with local<br />
recycling organizations to reduce its<br />
overall environmental footprint and<br />
build mutually beneficial relationships<br />
with organizations that support<br />
sustainability. In an effort to make use of<br />
the large volumes of sludge generated,<br />
it is supplied to a local company for<br />
use in wall panel manufacturing and<br />
the material is being evaluated for<br />
agricultural soil enhancement.<br />
At GBP/TTL thinking local enriches our<br />
employees and forges an emotional<br />
connection with our communities to<br />
buy local and believe in our products.<br />
In such an environment, everyone<br />
“plays a roll”.<br />
Our products: Paper Towels, Napkins<br />
and Bathroom Tissue are a part of<br />
everything we do: Everywhere we<br />
go…When we’re good to go and of<br />
course… When we have to go….<br />
GBP/TTL; making quality products you<br />
can count on. We make TTLocal.<br />
<strong>The</strong> TTMA can continue to drive<br />
awareness of locally manufacturing<br />
companies not only to build a sense<br />
of national unity and pride, but also<br />
to expand the footprint of the industry<br />
both regionally and internationally.<br />
<strong>The</strong> TIC platform has raised awareness<br />
of the company showing our<br />
capabilities. Being involved in show<br />
over the past few years has given TTL/<br />
GBP much needed exposure and new<br />
business for our Away From Home<br />
category. <strong>The</strong> team has made some<br />
valuable contacts that are needed to<br />
work with within the industry.<br />
TTL has succeeded in exporting our<br />
brands and has made a significant<br />
contribution to the development of<br />
the T&T economy. Within the last<br />
2 years, the company has made<br />
significant progress into the export<br />
markets including Cuba, Puerto Rico,<br />
Dominican Republic and Haiti.<br />
TTL’s plan for the future includes<br />
continuing to diversify and enter new<br />
markets showcasing our capabilities,<br />
talent and high quality products. In<br />
2017-2018, the company’s focus will<br />
be penetrating the Florida market as<br />
well as French Caribbean territories<br />
Martinique and Guadeloupe, while<br />
expanding in Haiti and developing the<br />
business in the Dominican Republic.<br />
23
Market Brief<br />
Export of Beer<br />
from Trinidad & Tobago to Chile (July 2017)<br />
BEER<br />
Within the realm of the manufacturing sector, the food and<br />
beverage sector contributes significantly to the economic<br />
landscape of Trinidad and Tobago. Several products, both<br />
niche and mainstream, are manufactured within the borders<br />
of the twin-island state. <strong>The</strong>se products are exported to the<br />
Caribbean, North America, and Europe. <strong>The</strong>se products are<br />
manufactured to various international food standards, and<br />
have been recipients of multiple internationally-acclaimed<br />
awards and accolades. Among these items is beer.<br />
Total national production: N/A<br />
Total national exports :<br />
N/A<br />
Average [unit] value:<br />
N/A<br />
HS Code: 2203.00<br />
Trinidad & Tobago tariff lines: 2203.00.10<br />
2203.00.20<br />
2203.00.90<br />
Tariff lines in Chile: 2203.00.00<br />
Target Market<br />
Population (2016):<br />
17.91 million (World Bank)%<br />
Growth 0.80%<br />
GDP per Capita (20164):<br />
Capital:<br />
Major cities:<br />
Currency:<br />
Languages:<br />
Religions:<br />
13,792.9 (Current, US)%<br />
Growth 0.80%<br />
Santiago<br />
La Florida, Maipú, Puente Alto,<br />
Viña del Mar<br />
Chilean Peso (1 USD = 650 CLP)<br />
Spanish, English<br />
Christianity (Roman Catholic<br />
66.7%, Evangelical or Protestant<br />
16.4%, Jehovah’s Witness 1%,<br />
other 3.4%, none <strong>11</strong>.5%,<br />
unspecified 1.1%)<br />
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Imports of Beer<br />
(2012-2016)<br />
25
Market Brief<br />
Export Sugar Confectionery<br />
from Trinidad & Tobago to Chile (July 2017)<br />
SUGAR<br />
confectionery<br />
Within the realm of the manufacturing sector, the food and<br />
beverage sector contributes significantly to the economic<br />
landscape of Trinidad and Tobago. Several products, both<br />
niche and mainstream, are manufactured within the borders<br />
of the twin-island state. <strong>The</strong>se products are exported to the<br />
caribbean, north america, and europe. <strong>The</strong>se products are<br />
manufactured to various international food standards, and<br />
have been recipients of multiple internationally-acclaimed<br />
awards and accolades. Among these items is sugar<br />
confectionery.<br />
Total national production: N/A<br />
Total national exports :<br />
N/A<br />
Average [unit] value:<br />
N/A<br />
HS Code: 1704.90<br />
Trinidad and Tobago tariff lines: 1704.90.10, 1704.90.10<br />
Tariff lines in Chile: 1704.90.20, 1704.90.30<br />
1704.90.50, 1704.90.60,<br />
1704.90.70, 1704.90.80,<br />
1704.90.90<br />
Target Market<br />
Population (2016):<br />
17.91 million (World Bank)%<br />
Growth 0.80%<br />
GDP per Capita (20164):<br />
Capital:<br />
Major cities:<br />
Currency:<br />
Languages:<br />
Religions:<br />
13,792.9 (Current, US)%<br />
Growth 0.80%<br />
Santiago<br />
La Florida, Maipú, Puente Alto,<br />
Viña del Mar<br />
Chilean Peso (1 USD = 650 CLP)<br />
Spanish, English<br />
Christianity (Roman Catholic<br />
66.7%, Evangelical or Protestant<br />
16.4%, Jehovah’s Witness 1%,<br />
other 3.4%, none <strong>11</strong>.5%,<br />
unspecified 1.1%)<br />
26
Imports of Sugar<br />
Confectionery<br />
(2012-2016)<br />
27
Market Brief<br />
Export of Cereal<br />
from Trinidad & Tobago to Chile<br />
Cereal<br />
<strong>The</strong> industry’s major product is ready-to-eat (rte) cereal. <strong>The</strong><br />
most popular cereals are made with corn flakes, wheat, oats,<br />
mixed grains, or puffed rice. Other products include instant<br />
hot cereal, rolled oats, farina, and infant cereal.<br />
<strong>The</strong> most important raw material in any breakfast cereal is<br />
grain. <strong>The</strong> grains most commonly used are corn, wheat, oats,<br />
rice, and barley. Some hot cereals, such as plain oatmeal, and<br />
a few cold cereals, such as plain shredded wheat, contain no<br />
other ingredients.<br />
In Trinidad and Tobago, several manufactures of cereal<br />
include associated brands industries (universal foods).<br />
Total National ExporTS uS $1,669<br />
HS Code : <strong>11</strong> 041900<br />
Trinidad and Tobago Tariff Lines : 10.01 – 10.08<br />
Chile Tariff Lines: 100890<br />
Market Access<br />
General applied tariff<br />
6%+specific duty<br />
Tariff applied to Trinidad and Tobago<br />
Tariff applied to main competitors<br />
such as USA, Argentina , Canada<br />
6%+specific duty<br />
6%+specific duty<br />
<strong>The</strong> payment of taxes on foreign<br />
trade must be made to the<br />
Customs Service of Chile.<br />
Cereal Prices<br />
$500 - $ 1000pesos<br />
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Imports of Cereal<br />
bY countries of origin 2016<br />
Chile ‘s market is highly represented by imports from USA and nearby counterparts Argentina and Paraguay<br />
Imports of Cereal<br />
2013-2016<br />
<strong>The</strong> above graph shows a steady decrease of the importation of Cereal over the period of 2013-2016<br />
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