More export options
More Barbadian products could be going to China over the coming months as officials here continue to explore new opportunities in the world’s second largest economy.
Following a recent trip to the People’s Republic of China, government officials have given the assurance that work was being done to strengthen the trade relationship between the two countries.
Chief executive officer of the Barbados Investment and Development Corporation (BIDC) Dr Leroy McClean said there were several manufacturers in the food and beverage and craft industries, as well as service providers in information and communication technology and renewable energy, who were interested in exporting to China.
He said the recent visit gave the 20-member delegation an insight into the Chinese market and helped them determine what is needed to get greater access to that booming economy.
McClean was addressing a seminar titled Doing Business in China at Pelican Village today. It was the first session in a planned series to get local manufacturers and service providers interested in the Chinese market and inform them of the various opportunities.
Minister of International Business Donville Inniss lauded organizers of the event, saying he was glad to see renewed interest in doing business in the east Asian market. He said it was important that the momentum be maintained.
“We believe firmly that it must not just be trade in goods but also in services and that is why we even look to the development of the tourism industry,” said Inniss.