EENI Global Business School
Business in Trinidad and Tobago, Port of Spain

Syllabus of the Subject: Foreign Trade and Business in Trinidad and Tobago - Port of Spain. Trinidadian and Tobagonian Economy

  1. Introduction to Trinidad and Tobago
  2. Business in Port of Spain
  3. Trinidadian and Tobagonian Economy
  4. Trinidadian and Tobagonian Foreign Trade (Import, Export)
  5. Business Opportunities in Trinidad and Tobago
  6. Access to the Trinidadian and Tobagonian Market
  7. Business Plan for Trinidad and Tobago

The objectives of the Subject «Doing Business in Trinidad and Tobago» are the following:

  1. To analyse the Trinidadian and Tobagonian economy and Foreign Trade (Import, Export, FDI)
  2. To explore the Business Opportunities in Trinidad and Tobago
  3. To analyse the trade relations of Trinidad and Tobago with the country of the student
  4. To know the Free Trade Agreements of Trinidad and Tobago
  5. To develop a business plan for the Trinidadian and Tobagonian Market
The Subject «Foreign Trade and Business in Trinidad and Tobago» belongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in America, International Business, Foreign Trade
  2. Doctorates: American Business, World Trade
  3. Course: Business in The Caribbean

EENI Online Masters and Doctorates in International Business adapted for the Caribbean students

African Student, Doctorate, Master International Business, Trade

Learning materials in: Courses, Masters, Doctorates in International Business in English (Study Master Doctorate Business in Spanish Trinidad y Tobago Study, Master in International Business in French Trinité-et-Tobago Masters Foreign Trade in Portuguese Trinidad e Tobago)

Sample of the Subject - Doing Business in Trinidad and Tobago:
Caribbean Community CARICOM (Single Market and Economy). Bahamas, Barbados, Belize, Dominica...

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Description of the Subject - Business in Trinidad and Tobago:

Preferential Access and Free Trade Agreements of Trinidad and Tobago:

  1. Trinidad and Tobago and the Caribbean Economic Area
  2. Association of Caribbean States (ACS)
  3. Bolivarian Alliance for the Peoples of Our America (ALBA)
  4. Caribbean Community (CARICOM)
    1. CARIFORUM-European Union (EU) Economic Partnership Agreement
    2. Colombia-CARICOM Agreement (Trinidad and Tobago)
    3. CARICOM-Dominican Republic Free Trade Agreement
    4. Costa Rica-Caribbean Community Agreement (Trinidad and Tobago)
  5. Caribbean Basin Initiative
    1. United States-Caribbean Basin Trade Partnership Act (CBTPA)
  6. Caribbean-Canada Trade Agreement (CARIBCAN)
  7. Latin American and Caribbean Economic System (SELA)

Trade Facilitation Programs

  1. World Trade Organisation (WTO)
    1. Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
    2. Agreement on Technical Barriers to Trade (TBT Agreement)
    3. Agreement on Preshipment Inspection
    4. Agreement on Safeguards (SG)
    5. Trade Facilitation Agreement (TFA)
  2. World Customs Organisation (WCO)
    1. Revised Kyoto Convention
  3. International Maritime Organisation (IMO)
    1. Customs Convention on Containers (CCC)
  4. United Nations Convention on the Carriage of Goods by Sea (Hamburg Rules)

Caribbean Development Bank (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)

American Trade and Economic Organisations

  1. Community of Latin American and Caribbean States (CELAC)
    1. European Union-CELAC Summit
  2. Organisation of American States (OAS)
  3. Economic Commission for Latin America and the Caribbean (ECLAC)
  4. Inter-American Development Bank

Global Organisations

  1. United Nations (UN)
  2. World Bank (WB)
  3. World Trade Organisation (WTO)
  4. International Monetary Fund (IMF)
  5. Commonwealth
  6. ...

Trinidad and Tobago.

  1. Trinidadian and Tobagonian Capital: Port of Spain
  2. Most populous city: Chaguanas (Trinidad Island), 84,000 people
  3. Trinidad and Tobago does not share land borders with any country
  4. Nearest countries to Trinidad and Tobago by sea: Barbados, Venezuela, Guyana and Grenada
  5. Area of Trinidad and Tobago: 5.128 square kilometres
  6. Population of Trinidad and Tobago: 1.380,000 inhabitants
    1. Trinidadian and Tobagonian Population density : 255 inhabitants / square kilometres
    2. 40% of the population has an African origin (African Diaspora)
  7. Municipalities: Arima, Chaguanas, Point Fortin, Port of Spain, San Fernando
  8. Corporate regions: Couva-Tabaquite-Talparo, Diego Martín, Penal-Debe, Princes Town, Claro-Mayaro River, San Juan-Laventille, Sangre Grande, Siparia, Tunapuna-Piarco
  9. The official languages of Trinidad and Tobago are Spanish (since 2020) and English
    1. Spanish is increasingly used
  10. Abolition of Slavery in Trinidad and Tobago: 1834
  11. Climate of Trinidad and Tobago: tropical
  12. Trinidad and Tobago is far from the Atlantic hurricane area
  13. Main rivers: Ortoire and Caroni
  14. 1498: discovery by the Spanish (Tierra of the Santísima Trinidad=Land of the Holy Trinity)
  15. 1802: British colonisation
  16. Type of government: Parliamentary Republic
  17. Official name: Republic of Trinidad and Tobago
  18. Trinidad and Tobago became independent from the United Kingdom in 1962

Main religion in Trinidad and Tobago: Christianity Protestantism

  1. Anglicans (40% of the population)

Trinidad and Tobago belongs to the Caribbean Economic Area of the Western Civilisation

Foreign Trade and Business in Trinidad and Tobago, Course Master Caribbean

Trinidadian and Tobagonian Economy.

  1. Trinidadian and Tobagonian GDP: 44,654 million dollars
  2. Trinidad and Tobago has the third highest GDP per capita (measured by purchasing power parity) in America (after the United States and Canada)
  3. World Bank ranking: high-income economy
  4. GDP per capita of Trinidad and Tobago: 32,530 Dollars
  5. The main natural resources are: oil, natural gas and bauxite
  6. Oil and gas represent 40% of the GDP and 80% of exports, but only generate 5% of total employment.
  7. Trinidad and Tobago's main economic activities are: services, tourism, industry (refinery and petrochemical) and agriculture.
  8. The main crops are sugar cane, honey, rum, cocoa, grains, citrus and coffee
  9. Trinidad and Tobago is an important financial centre of the Caribbean
  10. Trinidadian and Tobagonian Currency: Trinidad and Tobago dollar (TTD).
  11. Country code top-level domain of Trinidad and Tobago: .tt

Caribbean Basin Economic Recovery Act. U.S Trade Partnership

Trinidadian and Tobagonian Foreign Trade

  1. Main exports of Trinidad and Tobago: sugar, manufactured products and chemicals, molasses, rum, electrical components
  2. Main export markets of Trinidad and Tobago: France, the United States, Spain, Saint Lucia, Saint Vincent and the Grenadines, Venezuela, Antigua and Barbuda, Saint Kitts and Nevis
  3. Main imports of Trinidad and Tobago: oil, machinery, consumer goods, food, building materials, chemicals, electrical components
  4. Largest providers of Trinidad and Tobago: Russia, Japan, the United States, China and the United Kingdom
  5. Main port: Port of Spain

CARIFORUM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)-European Union Economic Partnership Agreement

Costa Rica-CARICOM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...) Free Trade Agreement

Community of Latin American and Caribbean States (CELAC) European Union-CELAC Summit

Containers and international transport. Customs Convention on Containers. BIC Code. Intermodal Transport

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