AGP Executive Report
Last update: 2 hours agoVenezuela Trade: Trinidad and Tobago is seeking to deepen commercial ties with Venezuela after a business roundtable covering agriculture, fisheries, manufacturing, tourism and energy. Two-way goods trade totalled about TT$68 million in 2025, while former finance minister Mariano Browne says much trade remains informal and opportunities have been missed. Tourism: Caribbean Airlines is adding 1,000 seats for Tobago Carnival, as the island expects 60,000 visitors and welcomes its first direct Toronto flights. Labour Market: Economist Roger Hosein warns that low unemployment masks a weaker market: labour-force participation fell from about 62% in 2014 to 54–55% in 2025, while inactivity neared half a million. Budget and Economy: The 2027 budget has passed amid debate over spending and claims that T&T is in recession; labour-market trends add to concerns about growth and productive capacity.
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