EENI Global Business School

Business in Trinidad and Tobago

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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;
  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 analyze the Trinidadian and Tobagonian Economy and Global Trade;
  2. To explore the Business Opportunities in Trinidad and Tobago;
  3. To analyze 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.

Global Trade and Business in Trinidad and Tobago:
Caribbean Community CARICOM (Single Market and Economy). Bahamas, Barbados, Belize, Dominica...

E-learning Courses, Diplomas (Global Business, Foreign Trade)

The Subject «Foreign Trade and Business in Trinidad and Tobago» belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Doctorate: American Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Languages Courses, Masters, Doctorate in International Business and Foreign Trade in English (Study Master Doctorate in International Business in Spanish Trinidad y Tobago Study, Course Master Doctorate in International Business in French Trinité-et-Tobago Masters Foreign Trade in Portuguese Trinidad e Tobago).

Masters and Doctorate in International Business adapted for the Caribbean students.

Online Education (Courses, Masters, Doctorate): Trade and Business in the Caribbean (CARICOM) and Cuba

International Trade and Business in Trinidad and Tobago

Market Access - Free Trade Agreements. Online Education (Courses, Masters, Doctorate)

Preferential Access and Free Trade Agreements of Trinidad and Tobago:

  1. Trinidad and Tobago and the Caribbean Economic Area;
  2. ACS;
    1. CARIFORUM-EU Agreement;
    2. Colombia-CARICOM Agreement (Trinidad and Tobago);
    3. CARICOM-Dominican Republic FTA;
    4. Costa Rica-CARICOM Agreement (Trinidad and Tobago);
    5. UK-CARIFORUM Free Trade and Economic Integration Agreement.
  4. Caribbean Basin Initiative
    1. The U.S.-Caribbean Basin Trade Partnership Act (CBTPA).
  5. Caribbean-Canada Trade Agreement;
  6. Global System of Trade Preferences.

Latin American and Caribbean Economic System (SELA)

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

Online Education (Courses, Masters, Doctorate): Latin American Economic Integration

  1. CELAC
    1. EU-CELAC Summit.
  2. OAS;
  3. ECLAC;
  4. Inter-American Development Bank.

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

  1. UN
    1. UNCTAD;
    2. ITC;
    3. WIPO.
  2. WB;
  3. WTO;
  4. IMF;
  5. Commonwealth;
  6. ...

Caribbean Basin Economic Recovery Act. U.S Trade Partnership

  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 km²;
  6. Population of Trinidad and Tobago: 1.380,000 inhabitants;
    1. Trinidadian and Tobagonian Population density : 255 inhabitants / km²;
    2. 40% of the population has an African origin.
  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 colonization;
  16. Type of government: Parliamentary Republic;
  17. Official name: Republic of Trinidad and Tobago;
  18. Trinidad and Tobago became independent from the UK in 1962.

Main religion in Trinidad and Tobago: Christianity Protestantism.

  1. Anglicans (40% of the population).

Online Education (Courses, Masters, Doctorate): Christianity and Global Business (Catholicism, Protestantism)

Trinidad and Tobago belongs to the Caribbean Economic area of the Western Civilization.

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

Latin American and Caribbean Economic System (SELA)

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 U.S. 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.

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

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

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 U.S., 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 U.S., China and the UK;
  5. Main port: Port of Spain.

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