Scottish trade mission to establish exporting route and highlight opportunities in Barbados

Scottish trade mission to establish exporting route and highlight opportunities in Barbados

The mission will seek to promote the considerable opportunities and highlight the successes of Scottish companies who have invested on the island

A trade mission, which aims to establish a direct exporting route from Scotland to Barbados and highlight investment opportunities, is set to take place between 20th and 25th November to the Caribbean island.

Bringing together a range of delegates from sectors including finance, education, training, hospitality and tourism, the mission will aim to highlight the immense trading and investment opportunities available in Barbados, which can also act as a gateway to markets in the rest of the Caribbean and Latin America.

Organised by the Renfrewshire Business Network in collaboration with Invest Barbados (Barbados’ national investment promotion agency) and Department for International Trade Scotland, the mission will seek to promote the considerable opportunities and highlight the successes of Scottish companies who have invested on the island. Opportunities are still available for those looking to participate.



Famed as a popular tourism destination and home of global pop star Rihanna, Barbados offers a warm and welcoming investment climate. The island boasts ambitions to become a “digitally-enabled nation” and is well on track to achieving the goal of 100 per cent renewable energy generation by 2030, delivering a carbon-net-neutral target.

Investment opportunities include niche manufacturing, global banking, information and computer technology (ICT), FinTech, global education, food and drink, wealth management, insurance, renewable energy, medicinal cannabis and medical tourism, among others that are both traditional and emerging.

Additionally, the innovative and highly successful 12-month ‘Welcome Stamp’, which enables individuals to stay and work remotely on the island without changing their tax residency, has been extended and remains attractive to digital nomads in Europe.

Kaye-Anne Greenidge, CEO of Invest Barbados, said: “We are delighted to be co-hosting and being the main sponsors for this event. Scotland enjoys extensive connections with Barbados, and we hope that this trade mission will support the establishment of a direct exporting route and highlight the immense business opportunities available.

“In addition to a fabulous climate, which supports an enviable quality of life, the island boasts a welcoming investment climate, with one of the lowest corporation tax rates in the world, and provides a stable political and economic environment.”

Jo Smith of the Renfrewshire Business Network, added: “Renfrewshire Business Network (RBN) was established in 2012 to encourage businesses to connect and grow, so the Trade Mission is an ideal fit with this ethos. Scotland has many links with Barbados, such as the barrels in the Mount Gay distillery coming from Islay; a shared patron saint in St Andrew, and their beautiful Scotland District.

“RBN members are already setting up in Barbados, and I’m looking forward to seeing further opportunities for business growth there. The support of Invest Barbados and the DIT has been invaluable.”

Those interested in attending the mission have until 28th October to secure their place. Those interested in attending the event should contact Jo Smith from the Renfrewshire Business Network at info@a1trainingservices.co.uk.

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