ISDS Case Map
Trinidad & Tobago
John Bazill, an official responsible for trade relations with the Caribbean in the European Commission’s Trade Department, is encouraging T&T to ratify the long-outstanding Economic Partnership Agreement with the European Union.
The Trinidad and Tobago government said it intends becoming the first Caribbean Community (CARICOM) country to enter into a partial scope trade agreement with India.
US oil giant ConocoPhillips has been permitted to register an over US$10 billion arbitration award against Venezuela in Trinidad and Tobago for the expropriation of its oil assets by the South American country nearly two decades ago.
The T&T Government and the Government of the Republic of Ghana yesterday entered into an Agreement for the Reciprocal Promotion and Protection of Investments (ARPPI).
The representatives analyzed the progress of a Bilateral Investment Treaty and future missions in this field, with the objective of strengthening commercial ties.
One week after nine Cariforum countries signed an agreement with the United Kingdom to maintain preferential trade agreements if and when the UK leaves the European Union, Trinidad and Tobago also signed on to the agreement.
With the demise of the Free Trade Area of the Americas, a realignment of trade alliances is evident in the hemisphere—witness ALBA, Petro Caribe, expanded Mercosur. In the aftermath of the Lome Convention between the European Union and its former colonies of Africa, Caribbean and the Pacific, the age of preferential trade agreements came to an end and the era of reciprocal trade was born.
Business people in the Dominican Republic and Trinidad and Tobago are being urged to aggressively identify and pursue opportunities in each other’s market as the global environment becomes more challenging.
Despite the controversies associated with the negotiation of the Economic Partnership Agreement (EPA), permanent secretary in the Ministry of Trade and Industry, Carl Francis, says Trinidad and Tobago will be better off in the area of trade once it joins forces with Canada.
Labour unions in Trinidad and Tobago are gearing up for a nationwide shut down of the country on September 8. They are protesting rising crime, uncontrollable food prices and increasing violence in the country, and calling for Trinidad and Tobago not to rush into signing the Economic Partnership Agreement (EPA).
