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In relation to the acquisition of the new deep-water blocks, how feasible is the extraction and subsequent commercialisation of these finds?

 

The economic downturn of recent years has resulted in a change in consumer behaviour, with weakened consumption and spending also negatively affecting economic growth and recovery. However, a rebound is expected to gather pace through 2018 and into 2019. Early signs were highlighted in the “Monetary Policy Report” published by the Central Bank...

 

While state-owned oil company Petrotrin announced in the first half of 2018 that it would finalise plans to restructure its operations in order to increase efficiency, moderate losses and ramp up oil and gas production, as of early September 2018 the process had yet to take shape. Petrotrin has faced strong opposition from the Oilfield Workers...

 

Trinidad and Tobago has played a crucial role in the integration of the Caribbean, particularly among the anglophone countries of the region, for decades now. A promoter of the Treaty of Chaguaramas in 1973, the first step towards deeper regional integration after the mixed fortunes of the establishment of the short-lived West Indies...

 

How could economic and trade integration be better promoted in the region?

 

Many of CARICOM’s economies are characterised by large natural resource bases, with a number of important recent oil and gas discoveries made of late. These countries do, however, also continue to face several parallel challenges including high levels of public debt.

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