Republic of Trinidad and Tobago
Volume
MarchApril 2006 September 2006
Inside this Issue T&T assumes Presidency of the Summit of the Americas
2
Repairs to 889 schools in five years
2
US$4b in Projects for Pt. Lisas
4
T
rinidad and Tobago's Trade and Industry Minister, the Hon. Kenneth Valley and Dr Peter Ammon, T&T makes impact Director General for Economic Affairs 6 with Trade Mission and Sustainable Development of the to Europe Federal Foreign Office of Germany, signed on behalf of their two nations, a th Republic Day 10 Bilateral Investment Treaty (BIT) on 9 celebration at the September, 2006. The BIT is designed TTHC to protect the commercial interests of both German and Trinidad and Tobago financiers and investors as they conduct Minster Kenneth Valley and Dr. Peter Ammon sign the T&T takes over 12 business between the two countries. historic document in Germany. Assisting The Hon. London’s Trafalgar Valley is Ms. Sandra Trotman of the Ministry Minister Valley was in Germany Minister Square of Foreign Affairs, Trinidad and Tobago. heading a Trinidad and Tobago Investment Mission to five European T&T Cultural 13 nations. The Federal Republic of Germany is Team Thrills Trinidad and Tobago’s third largest foreign Parisians “This is an historic agreement, the idea for direct investor, particularly in the which was first generated in 1963 by Dr petrochemical sector, especially with regard New Miss T&T UK 14 Eric Williams and here we are today to methanol. Germany´s current actually putting in place, the structure for Ambassador to Trinidad and Tobago, Dr. crowned protecting our mutual investments,” said Helmut Ohlraun, is resident in Port of Minister Valley. According to Dr Ammon, Spain and accredited to all CARICOM the BIT is a mechanism for securing states (except Jamaica), as well as investment between both countries and lays Suriname, Montserrat, Anguilla and the the foundation for further business co- British Virgin Islands. E-mail the Editor at: operation and integration. The Federal tthc.information Republic of Germany and Trinidad and The BIT, officially known as the ´Treaty @btconnect.com Tobago have had diplomatic relations at Between the Republic of Trinidad and ambassadorial level since 1962. Tobago and the Federal Republic of (Continues on page 9)