Two trade missions to Canada for direct investment
As part of Barbados’ strategy to attract foreign direct investment to the island, Government officials will undertake two trade missions to Canada this week and next week.
The first, to Halifax, will begin tomorrow and last through Friday while the second trade mission to Prince Edward Island (PEI) and Nova Scotia will take place from Saturday to next Friday, with the aim of strengthening the partnership and developing trade relations with that province.
Led by Minister of Industry, International Business, Commerce and Small Business Development Donville Inniss, the Barbados delegation and a team from Invest Barbados will host road shows aimed at targeting the legal, accounting and tax advisor community, as well as CEOs, CFOs, and presidents of potential investing companies.
The delegation will use the opportunity to deliver the message that International Financial Centres are beneficial to both the Canadian investor and the economy. Additionally, the team will communicate the benefits of using Barbados relative to other jurisdictions.
The second part of the mission will see officials and a team from the Barbados Chamber of Commerce and Industry, (BCCI) and the Barbados Investment & Development Corporation head to PEI and Nova Scotia.
The memorandum of understanding signed between the Greater Charlottetown Area Chamber of Commerce and the BCCI will provide the framework for coordinated trade activities in Barbados and Atlantic Canada.
During the visit, Inniss will also take the opportunity to meet with political and business leaders in the PEI area.