Quote:Caracas, June 27th 2016 (Venezuelanalysis.com) - Trinidad and Tobago’s Ministry of Trade announced that it has begun the shipment of food and other goods to its South American neighbor.

Minister of Trade and Industry Paula Gopee-Scoon officially released details of the trade agreement at the Execution of Bilateral Commercial Agreements between Trinidad and Tobago’s local manufacturers and Corporación Venezolana de Comercia Exterior (CORPOVEX) in Port of Spain last Tuesday.

Gopee-Scoon announced that 12 products from Trinidad and Tobago will be exported over a three month period to Venezuela. In total, Venezuela is expected to receive 600 tons of food from its Caribbean neighbor. Among food products, Trinidad and Tobago will export: ketchup, mayonnaise, flour, white rice, margarine, chicken, powdered milk and spaghetti, Gopee-Scoon listed.

“The total value for food items alone, once all shipments can be made, is approximately US$ 24 million and 12.6 tonnes in weight. Other items to be exported include bath and laundry soaps and toilet paper worth over US$ 2.5million. Therefore, the total value of this initial arrangement is estimated at US$ 26.9million,” she explained.