Trinidad & Tobago

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Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies has historically been led by...

To what extent did the sector develop in 2019, and what direction will it take in 2020?

The IMF estimates that Guyana will be the fastest-growing economy in the world in 2020, with projected growth of 84% for 2020 – up from 4.4% in 2019. The jump in growth is attributed to the fact it began oil production in December 2019. Guyana is looking to tap its natural resources, as it has the highest amount of oil reserves per capita – while Saudi Arabia has 1900 barrels...

How important are ties to the Commonwealth, and how will relationships develop in the future?

Despite its relatively small size, Trinidad and Tobago has played a significant role both politically and economically in the Caribbean since its independence from the UK in 1962. Given its strategic location at the southernmost point of the region, the island serves as a nexus between the island nations to the north and its southern neighbours on the South American mainland....

Articles & Analysis | Caribbean body facilitates integration from The Report: Trinidad & Tobago 2020

In order to fulfil the aims of the CARICOM Single Market and Economy (CSME) and the wider CARICOM policy of further economic integration, officials in the Caribbean have identified a number of key sectors that form the backbone of regional convergence, from financial services to transport and education. In 2006 a revised Treaty of Chaguaramas came into force that turned...

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