The Ministry of Trade and Industry, through exporTT, is providing additional support to exporters of non-energy goods and services to enter new markets, expand footprints and increase foreign exchange earnings through tailor-made programmes.
Fit 4 Europe II is the second instalment of an initiative to prepare exporters to increase business in the European Union. The two markets targeted for this project are Germany and Sweden.
Fit 4 Europe II is being supervised by the Caribbean Development Bank’s Economic Partnership Agreement and CARICOM Single Market and Economy Standby Facility for Capacity Building, which is funded by the European Union.
Successful implementation of this project will ensure that Trinidad and Tobago’s firms are producers of high value-added products and services that can compete in export markets.
This project will provide a wide range of benefits including:
- Promoting gender equality, ensuring compliance with environmental standards and sustainable approaches to trade; supporting export diversification; gender-balanced and youth inclusive participation in trade.
- Leveraging e-commerce and market access opportunities under regional integration agreements like the EPA and the CSME.
- Providing support to T&T’s export sector as the country battles the economic fallout caused by the COVID-19 pandemic, which threatens the growth and sustainability of Caribbean exports to the EU and across CARIFORUM markets.
- Supporting the much-needed establishment of a mechanism that allows for targeted support to be provided to the internationalisation of MSMEs through a collective approach to business upgrading, standards-setting, certification, and capacity building.
- Orienting participating entities to achieve common targets established by the selected markets that are guided by feedback from e-commerce, sales and distributor engagement.
- Boosting the individual capacity of entities so that they can eventually field their own brands to access the markets developed
- Strengthening women-owned MSMEs to improve the participation of women agro-processors in trade.
Throughout implementation project stakeholders listed will be continuously engaged namely:
- Ministry of Trade and Industry
- Ministry of Planning and Development
- Trinidad and Tobago Manufacturers’ Association (TTMA)
- Trinidad and Tobago Coalition of Services Industries (TTCSI)
- Trinidad and Tobago Chamber of Industry and Commerce (TTCIC)
- Trinidad & Tobago Bureau of Standards (TTBS)
- Caribbean Industrial Research Institute (CARIRI)
- Export Import Bank of Trinidad & Tobago (Eximbank)
- Agricultural Development Bank (ADB)
- Trinidad & Tobago Creative Industries Company Limited (Creative TT)
The project was approved for implementation by the EPA and CSME Standby Facility Steering Committee in 2021. The EPA and CSME Standby Facility (also known as the CARIFORUM-European Union (EU) Economic Partnership Agreement (EPA) CARICOM Single Market and Economy (CSME) Standby Facility for Capacity Building) is a EUR 8.75 million programme financed by the European Development Fund (EDF) being managed by CDB to support projects in Antigua and Barbuda, The Bahamas, Barbados, Belize, the Commonwealth of Dominica, the Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint Lucia, St Vincent and the Grenadines, St Kitts and Nevis, Suriname, and Trinidad and Tobago (CARIFORUM). It is intended to build capacity in the region and better position businesses to trade within CARIFORUM and the European Union.
Resources and Publications
EPA and CSME Standby Facility Introductory Video
Project Launch Video
Project Fact Sheet
For further information, please contact:email@example.comShireen Cuthbert Communications Officer Email: