Invest SVG St. Vincent & The Grenadines Mission to Promote Trade & Investment Opportunities with the UK
At a time when Britain’s economic profile is floundering in the longest recession in recorded history, astute businesses, from UK SME to UK Plc, cannot afford not to be open to international trade and investment opportunities, regardless from where these may emanate.
And while all eyes are transfixed by the bright and dazzling lights in Far-Eastern skies, with their complex market entry strategies and businesses practices which are hard to navigate, companies characterised as flexible, open for business, entrepreneurial and innovative, and who are in search of niche, emerging market, first mover advantage possibilities, would be remiss not to pay attention to the Caribbean region.
St. Vincent & The Grenadines is one of such Caribbean jurisdictions where multi-sector investment opportunities abound. The country is a small nation-state which celebrated its 30th year of Independence from Britain on October 27th, 2009, and through these colonial linkages shares a long history of doing business with the UK. The key areas of trade and investment focus for the Government of St. Vincent & The Grenadines are in Information and Communications Technology (ICT), Agro-Business, Light Manufacturing, International Financial Services, and niche Tourism Development; and more recently Renewable Energy and the Creative Industries such as film, music and fashion design have become important sectors. A range of incentives are available, from tax exemptions, duty-free concessions to 100% repatriation of profits.
Invest SVG, the country’s investment promotions agency, with funding from the European Union, is leading a delegation of representatives from pillar organisations to the UK from 9th to 13th November, and is keen to meet with UK businesses, trade and industry associations and chambers of commerce who are interested in learning about the opportunities, and in partnering with local businesses. The delegation will also be attending World Travel Market and would welcome the opportunity to meet with travel and tourism stakeholders at this event.
Executive Director, Cleo Huggins, urges businesses interested in the Caribbean markets, and also companies eager to extend their product range with goods and services from the region to meet with the Vincentian delegation to learn more, both about the market and business opportunities as well as the possibilities for business expansion and market development, using the strategically placed St. Vincent& The Grenadines as a hub. “We are on a mission to create and facilitate cross-border opportunities between our respective market players. We are proactive in building on the long history of trade and investment relationships between the UK and the Caribbean that will be mutually beneficial. Further, with a strong and vibrant British-Caribbean and British-Vincentian community living and working in the UK, we believe there is a readymade market for our goods and services. “
If you are keen to meet with Invest SVG and their delegation, please contact Gus Franklyn-Bute on email: email@example.com or mobile: 07912 216 426.