AGP Executive Report
Last update: 7 hours agoVenezuela & Energy: T&T is exploring trade with Venezuela’s Sucre State, including agricultural imports for local processing and investment in gas-related industries, but no timelines are set. Meanwhile, Prime Minister Kamla Persad-Bissessar says the country does not need Venezuelan gas after Caracas proposed suspending energy ties. Regional Opportunities: A US$243-million St Lucia airport redevelopment could open supply and subcontracting work for T&T manufacturers, though St Lucian firms and materials will be prioritised. Oil Exports: T&T’s petroleum shipments to the US averaged 52,500 barrels a day in the second quarter—the highest since late 2021 and 56% above a year earlier—despite no comparable rise in local production. Business Resilience: A cybersecurity adviser urged companies to treat cyber threats as a board-level risk, warning that supplier failures can disrupt operations and damage reputations. Local Manufacturing: CARIB Brewery is moving new equipment to its Champs Fleurs facility as part of an investment to strengthen production and efficiency.
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