Trinidad & Tobago invites Indian investments

PTI Updated - November 15, 2017 at 07:20 PM.

The Prime Minister, Dr Manmohan Singh, inaugurating the 10th Pravasi Bharatiya Divas conclave at B.M. Birla Auditorium in Jaipur on Sunday. Also seen are the Rajasthan Chief Minister, Mr Ashok Gehlot, and the Prime Minister of Trinidad and Tobago, Ms Kamla Persad-Bissessar. Photo: Rohit Jain Paras

Impressed by India’s economic growth, the Indian-origin Prime Minister of Trinidad and Tobago, Ms Kamla Persad-Bissessar, has invited Indian investments and sought partnership in oil and gas exploration.

“Even as India grows its economy at home here, Trinidad and Tobago provides an excellent opportunity for Indian entrepreneurs and investors to set up manufacturing and service industries in my country,” she said at the 10th Pravasi Bhartiya Divas (PBD) here today.

She said her government was committed to diversification and offers incentives to investors.

“Trinidad and Tobago and India can develop a strong partnership to assist emerging oil and gas nations in the south, thus giving life to the much touted South-South Cooperation and Trade,” she added.

Trinidad and Tobago, archipelagic state in the southern Caribbean, is the largest exporter of methanol and at times urea in the world, has 100 years of experience in oil exploration and technological savvy in gas monetisation.

The Prime Minister, who is chief guest at the PBD, said India can teach the world how to attain food security as well as to make affordable computers and tablets, the basic tools in generating creativity and international competitiveness.

Ms Bissessar, who quoted Mahatma Gandhi and Rabindranath Tagore extensively in her speech, said India has demonstrated in no small way by its contribution not only to spiritual well being across the globe, but also emerging as one of the fastest growing economies.

“I congratulate the Government of India that the country has emerged as a superpower,” she said.

Highlighting the multi-racial nature of her country, she said “in Trinidad and Tobago, the cultural legacies of Africans, Chinese, Indians, Europeans and many more do not merely co-exist, but they come together to create a culture that is vibrant, dynamic and unique,” she said.

She also suggested that mini PBDs be held in tiny countries like Trinidad and Tobago.

Published on January 8, 2012 10:08