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Calls are intensifying for the Ministry of Trade, Investment and Tourism to urgently restore the Fair Trading Commission, as economist and former chairman Dr Ronald Ramkissoon warns that continued delays are undermining the country’s business environment at a critical juncture. Ramkissoon, in an interview yesterday with Guardian Media, cautioned that the absence of a functioning commission risks eroding investor confidence and weakening the framework for fair competition, particularly at a time when T&T needs to strengthen its economic resilience. “One would have thought the incoming administration would have made it easier to do business when the regulatory environment is not being put in place.
“The regulatory environment is very important for everyone, for the commercial sector as well as for the Government,” he said.
His comments came as the ministry formally responded yesterday to a pre-action protocol letter from attorney Renuka Sagramsingh-Sooklal, acting for Wendell Eversley and led by Senior Counsel Stuart Young, which threatens judicial review over the failure to appoint a board to the commission. In its response, the ministry confirmed that Cabinet agreed on January 29, 2026 to appoint five people to the commission in keeping with the Fair Trading Act.
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