The World Trade Organisation (WTO) has defined trade facilitation as meaning the simplification and harmonisation of international trade procedures. In late 2013 WTO members agreed on the initial text of a trade facilitation agreement (TFA), which was further refined during 2014. The document focuses on actions to ease the movement, release...
Classified by the World Bank as a high-income country, the twin-island nation of Trinidad and Tobago has one of the highest GNI per capita in Latin America and the Caribbean, at $17,640 in 2015. In contrast to a number of tourism-dependent economies in the Caribbean, T&T’s wealth is linked primarily to its hydrocarbons resources, in...
Situated at the southern end of the Caribbean and only 11 km from the Venezuelan coast, the twin islands of Trinidad and Tobago have long stood out in the Caribbean and South American regions. Rich in oil and gas, T&T’s economy is comparatively wealthy, features a robust democratic system and is known for its vibrant cultural traditions....
Tobago was first grouped with Trinidad under British colonial rule in 1889. In 1962 the twin islands achieved independence and became a republic over a decade later in 1976. After independence, Tobago was considered an administrative and electoral region of the country, with administration being handled solely through the Ministry of Tobago...
Colombia is in vogue, and its presence in global political and economic scenes is ubiquitous. Beyond the country being chosen by The Economist as its “country of the year” for 2016 and named the second best country to visit in 2017 by Lonely Planet, Colombia is also rising as a cultural and social epicentre in the Latin American...
LANGUAGE: Spanish is the official language, although more than 60 indigenous and Creole languages are spoken in various regions. English is also an official language in San Andrés, Providencia and the Santa Catalina islands off the northern coast. Business executives and senior government officials...
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