Origin of the Trinidad and Tobago Coalition of Services Industries
The Trinidad and Tobago Coalition of Services Industries was established in October 2006 as an umbrella organization that brings together all services organisations and associations in Trinidad and Tobago. As an alliance of professional services associations and organizations, the TTCSI functions as a focal point to lobby, channel and address trade in services issues and services development issues, which are critical for the sector to thrive in this competitive global environment and for the growth of sustainable services in the economy which contributed 58% to real GDP in 2018.
TTCSI Renewed Mandate
The Trinidad and Tobago Coalition of Services Industries (TTCSI) was established in October 2006 to serve as an umbrella organisation that brings together all services organisations and associations in Trinidad and Tobago. As an alliance of professional services associations and organisations, the TTCSI serves as a focal point to lobby, channel, and address trade in services issues and services development issues, which are critical for the sector to thrive in a competitive global environment. In 2018, the services sector contributed 58% to real GDP, making its sustainable growth crucial for the economy.
In 2019, the Board of Directors of the TTCSI revised the strategic objectives to include:
- Providing national service providers with knowledge of export opportunities.
- Building robust data analytics and sectoral reports on Trade in Services information on all key sub-sectors.
- Building and maintaining an up-to-date National Services Exporters Portal to facilitate connecting local services providers and firms to local, regional, and international clients and partners to engage new revenue opportunities.
- Conducting research and focus group meetings with members and stakeholders to identify destinations for trade missions to enable services providers and firms to exploit market opportunities.
- Encouraging national service providers to engage in developing export programmes and promotional activities through collaboration locally, regionally, and internationally.
- Ensuring that all service providers and firms that have the capacity to export, complete the Services Go Global Training Programme.
- Promoting the further development and competitiveness of the national services sector.
- Supporting and facilitating the development of industry standards and globally recognised certifications.
- Enhancing and encouraging the competitiveness of services providers and firms through the development of continuous professional development and certification programmes.
- Educating national service providers on relevant aspects of trade agreements, including the CARICOM Single Market and Economy (CSME), Free Trade of the Americas (FTAA), World Trade Organization (WTO), and African–Caribbean–Pacific/European Union Economic Partnership Agreements (ACP/EU EPAs).
- Educating national service providers on relevant government policies that can assist or hinder the export of services.
- Representing the interests of the national services sector, including lobbying the government and promoting fair multilateral rules for trade in services.
To achieve its mandate, the TTCSI has been assisting in the institutional strengthening of member associations and building capability for exporting their services. The TTCSI has also undertaken sector studies to create opportunities for services export and provided assistance to the services sector to overcome some of the constraints in providing and exporting services. The revised mandate also incorporates the positioning of the TTCSI as a data analytics hub on trade in services, recognising the lack of trade in services statistics for Trinidad and Tobago and the Caribbean region. The collection of robust data analytics on services is prioritised, as it is a key tool in policy design and trade negotiations for the sector.
TTCSI’s milestone projects for 2021/2023
- The National Services Exporters Portal which will provide, inter alia, e-commerce services for the services sector.
- Development of a Services Catalogue of Graduates of the Services Go Global Programme in collaboration with Caribbean Export.
- Report on Nearshoring Opportunities for Trinidad and Tobago.
- Redouble efforts to promote the new areas for export services, for example, Medical Tourism, Education Tourism etc.