How can the economic links between Colombia and the countries of CARICOM be strengthened? ÁLVAREZ-CORREA: The 15 members of CARICOM are characterised by dynamic economies and high incomes relative to the averages for Latin America. The economic and political relations that these countries enjoy with Colombia are excellent. However, strengthening the current legal...
What actions are being taken to remove logistical and institutional barriers to regional trade?
Comparatively wealthy and economically diverse with active finance, manufacturing and transport sectors, Trinidad and Tobago is also the largest Caribbean oil producer and the world’s sixth-largest exporter of liquefied natural gas (LNG). It has an ethnically diverse population, strong democratic traditions, and a vibrant local cultural and sporting life.
Which structural adjustments to the economy are priorities in light of low oil and gas prices?
As a small twin-island nation, foreign trade is an important part of Trinidad and Tobago’s economy. In 2014 merchandise exports and merchandise imports amounted to $11.81bn and $8.39bn, respectively, according to the central bank’s “2014 Annual Economic Survey”, with total GDP that year reaching around $28bn. Some 85% of exports are accounted for by the energy sector,...
To what extent is boosting the capacity of industry and services in Trinidad and Tobago linked to trade?
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