Inniss looks for business in Panama

Minister of Industry, International Business, Commerce and Small Business Development Donville Inniss leaves this weekend for Panama where he will seek opportunities for the international business sector.

Inniss announced today that a group of Barbadian manufacturers and service providers would accompany him on the trip, as he seeks to extract more business from Latin America.

The minister said recent missions to Mexico and Colombia were “bearing fruit”, according to the Barbados Government Information Service, but it gave no details.

With Britain having voted to leave the European Union, Inniss told the annual International Business Workshop hosted by the Institute of Chartered Accountants of Barbados at the Hilton Barbados Resort, that Europe presented great opportunities for the international business and financial services sector here.

“Businesses want to be where there is certainty and consistency.  We must continue to offer such.  Europeans must be encouraged to invest in and through Barbados,” the minister asserted.

In addition, Inniss proposed closer ties with countries on the African continent, suggesting that this would present added opportunities for the sector.

“Others who historically have little relations are benefiting from the growth and potential of the African continent.  As the home of our ancestors, we must, out of courtesy and out of a desire to expand our IB sector, visit and engage in a constructive manner,” he said.

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