The Government of The Republic of Trinidad and Tobago and the Caribbean Development Bank (CDB) has signed a Grant Agreement in the amount of US$250,950 for the financing of the development of a National Quality Policy.
The funding resources are provided by European Union under the CARICOM Single Market and Economy Standby Facility for Capacity Building, 10th European Development Fund (EDF). This facility is being administered by the CDB. The project commenced on May 9, 2017 and is expected to be completed by August 17, 2017.
At the recently launched National Aid for Trade Strategy on Wednesday 26 April, 2017, it was recognized that some of the major challenges that affect the ability of the private sector to participate effectively in international trade related to problems associated with quality.
One of the Aid for Trade Priority projects is the development and implementation of a National Quality Policy. This will directly reduce challenges faced by the private sector through improvement to the enabling environment. The funding received from this grant will be directed at a project for the development of a Quality Policy.
The project focuses on two components. Firstly, it will focus on the development of the National Quality Policy and a detailed implementation plan and secondly, it will serve to sensitize key stakeholders on their roles and responsibilities in the implementation of the National Quality Policy.
The policy will provide guidance for the establishment of appropriate national quality infrastructure (NQI). The NQI relates to all aspects of metrology, standardization, testing, quality management, certification and accreditation. It includes both public and private institutions and the regulatory framework within which they operate.
With the strengthening of the trading environment and the ability of firms to meet international standards, the potential for generating revenues, employment and export earnings in Trinidad and Tobago is expected to be greatly increased.
The Trinidad and Tobago Bureau of Standards (TTBS) under the aegis of the Ministry of Trade and Industry will be responsible for implementation of the project. A Project Steering Committee consisting of key stakeholders has been established to provide policy advice during the development of the National Quality Policy and monitor the implementation of the Policy.
The collaborating Ministries and Agencies include representatives of the Chemistry Food and Drugs Division, Ministry of Health, Ministry of Planning and Development, Ministry of Agriculture, Land and Fisheries, Tobago House of Assembly, Trinidad and Tobago Manufacturers Association, Trinidad and Tobago Chamber of Industry and Commerce and the Trinidad and Tobago Coalition of Services Industries."