AGP Executive Report
Last update: 11 hours agoSovereign Financing: Trinidad and Tobago has successfully raised US$800M via a US market sovereign bond, priced at a 6.20% coupon with ~400% oversubscription and a negative new-issue concession, with proceeds earmarked to repay August 2026 notes and support the budget. Regional Shipping & Cost of Living: CARICOM leaders agreed to cut intra-regional cargo costs by using Trinidad and Tobago’s vessel as a proof-of-concept cargo ferry while a permanent system is developed, with cargo prioritised for viability. Trade & Investment Push: The TT Chamber is sending a Canada mission (Aug 27–Sep 2) focused on pre-travel market readiness and sales training, while the Trade and Investment Convention drew 411 exhibitors and renewed calls for manufacturers to get priority access to foreign exchange. CARICOM Governance: A dispute over the CARICOM Secretary-General’s reappointment is set for a Caribbean Court of Justice advisory opinion, keeping the current tenure intact during deliberations. Manufacturing Politics: Trade Minister Satyakama Maharaj dismissed fears of fallout from Nestlé’s dairy/juices restructuring, framing it as an opportunity for local firms to step in. Cybersecurity: Government is monitoring cybersecurity incidents affecting multiple ministries and State agency sites, with investigations underway to determine the scope of breaches. Local Business Links: TT Chamber and the Georgetown Chamber signed an MoU to tackle non-tariff barriers and strengthen bilateral trade and investment.
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