Trinidad, Haiti sign trade agreement

PORT OF SPAIN, Trinidad (CMC) – Haiti and Trinidad and Tobago Monday signed an energy agreement allowing the French Caribbean country to access products from several locally-owned energy companies including the National Petroleum (NP) Company at a cheaper rate than it presently does on the international market.

Prime Minister Kamla Persad Bissessar said that the accord, which had been discussed over the past two years, represents a significant contribution to the development of a “fellow CARICOM partner” still emerging from the effects of a powerful earthquake that killed an estimated 300,000 people and left more than a million others homeless in 2010.

“We are very happy that you will be sourcing our energy products rather than outside of the region,” she said noting that the agreement would help the energy companies continue to provide employment for locals in the energy sector.

“By selling these products to you, you will continue to help us generate revenue to continue the employment of citizens of Trinidad and Tobago and at the same time with our products coming into your country, duty free, it means your citizens will benefit as well.”

Trinidad and Tobago will sell lubricants, diesel for vehicles, liquefied petroleum gas (LPG) among other products and President Michel Martelly said he was pleased in “getting your products at a better price”.
He said the agreement would also serve to “strengthen our relationship.

“We have been brothers and sisters for a long time, but I think a complete project like this one was missing between our countries.”

NP is expected to open a number of distribution stations in Haiti as a result of the accord.

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