 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
- Introduction to Trinidad and Tobago
- Business in Port of Spain
- Trinidadian and Tobagonian Economy
- Trinidadian and Tobagonian Foreign Trade (Import, Export)
- Business Opportunities in Trinidad and Tobago
- Access to the Trinidadian and Tobagonian Market
- Business Plan for Trinidad and Tobago
The objectives of the Subject «Doing Business in Trinidad and Tobago» are the following:
- To analyse the Trinidadian and Tobagonian economy and Foreign Trade (Import, Export, FDI)
- To explore the Business Opportunities in Trinidad and Tobago
- To analyse the trade relations of Trinidad and Tobago with the country of the student
- To know the Free Trade Agreements of Trinidad and Tobago
- To develop a business plan for the Trinidadian and Tobagonian Market
Sample of the Subject - Doing Business in Trinidad and Tobago:

Description of the Subject - Business in Trinidad and Tobago:
Preferential Access and Free Trade Agreements of Trinidad and Tobago:
- Trinidad and Tobago and the Caribbean Economic Area
-
Association of Caribbean States (ACS)
- Bolivarian Alliance for the Peoples of Our America (ALBA)
- Caribbean Community (CARICOM)
- CARIFORUM-European Union (EU) Economic Partnership Agreement
-
Colombia-CARICOM Agreement (Trinidad and Tobago)
- CARICOM-Dominican Republic Free Trade Agreement
-
Costa Rica-Caribbean Community Agreement (Trinidad and Tobago)
- Caribbean Basin Initiative
- United States-Caribbean Basin Trade Partnership Act (CBTPA)
- Caribbean-Canada Trade Agreement (CARIBCAN)
- Latin American and Caribbean Economic System (SELA)
Trade Facilitation Programs
- World Trade Organisation (WTO)
-
Agreement on the Application of Sanitary and Phytosanitary Measures
(SPS)
- Agreement on Technical
Barriers to Trade (TBT Agreement)
- Agreement on
Preshipment Inspection
- Agreement on Safeguards (SG)
-
Trade Facilitation Agreement (TFA)
- World Customs Organisation (WCO)
- Revised Kyoto Convention
-
International Maritime Organisation (IMO)
-
Customs Convention on Containers (CCC)
- United Nations Convention on the Carriage of Goods by Sea (Hamburg Rules)

American Trade and Economic Organisations
- Community of Latin American and Caribbean States (CELAC)
- European Union-CELAC Summit
- Organisation of American States (OAS)
- Economic Commission for Latin America and the Caribbean (ECLAC)
-
Inter-American Development Bank
Global Organisations
- United Nations (UN)
- World Bank
(WB)
- World Trade Organisation (WTO)
- International Monetary Fund
(IMF)
- Commonwealth
- ...
Trinidad and Tobago.
- Trinidadian and Tobagonian Capital: Port of Spain
- Most populous city: Chaguanas (Trinidad Island), 84,000 people
- Trinidad and Tobago does not share land borders with any country
- Nearest countries to Trinidad and Tobago by sea: Barbados, Venezuela, Guyana and Grenada
- Area of Trinidad and Tobago: 5.128 square kilometres
- Population of Trinidad and Tobago: 1.380,000 inhabitants
- Trinidadian
and Tobagonian Population density : 255 inhabitants / square kilometres
- 40% of the population has an African origin (African Diaspora)
- Municipalities: Arima, Chaguanas, Point Fortin, Port of Spain, San Fernando
- Corporate regions: Couva-Tabaquite-Talparo, Diego Martín, Penal-Debe,
Princes Town, Claro-Mayaro River, San Juan-Laventille, Sangre Grande, Siparia, Tunapuna-Piarco
- The official languages of Trinidad and Tobago are Spanish (since 2020) and
English
- Spanish is increasingly used
- Abolition of Slavery in Trinidad and Tobago: 1834
- Climate of Trinidad and Tobago: tropical
- Trinidad and Tobago is far from the Atlantic hurricane area
- Main rivers: Ortoire and Caroni
- 1498: discovery by the Spanish (Tierra of the Santísima Trinidad=Land of the
Holy Trinity)
- 1802: British colonisation
- Type of government: Parliamentary Republic
- Official name: Republic of Trinidad and Tobago
- Trinidad and Tobago became independent from the United Kingdom in 1962
Main religion in Trinidad and Tobago: Christianity
Protestantism
- Anglicans
(40% of the population)
Trinidad and Tobago belongs to the Caribbean Economic Area of the Western Civilisation

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

Trinidadian and Tobagonian Foreign Trade
- Main exports of Trinidad and Tobago: sugar, manufactured products
and chemicals, molasses, rum, electrical components
- 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
- Main imports of Trinidad and Tobago: oil, machinery, consumer goods,
food, building materials, chemicals, electrical components
- Largest providers of Trinidad and Tobago: Russia,
Japan, the United States, China and the United Kingdom
- Main port: Port of Spain




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