Trinité-et-Tobago
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Report by Trinidad and Tobago
During the period under review (2005-11) Trinidad and Tobago’s economy experienced mixed fortunes as it was not immune to the contagion effects of the global economic crisis. However real GDP growth averaged 3.28 percent annually. Trinidad and Tobago also continues to be a preferred destination for FDI having attracted $US6.7 billion in investment during the period 2005-10. Additionally the country’s international credit rating is at investment grade.
Introduction
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT contracting parties in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Preface
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT CONTRACTING PARTIES in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Concluding remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr. Eduardo Muñoz Gómez at the Trade Policy Review of Trinidad and Tobago 7 and 9 March 2012
The third Trade Policy Review of Trinidad and Tobago has given us a better understanding of trade and economic developments in the country over the past six years and helped us to measure the challenges it faces in further developing its economy. Our candid discussion has been greatly helped by the full and open participation of the Trinidad and Tobago delegation led by the Minister of Trade and Industry the Honourable Stephen Cadiz and by the insightful remarks made by the discussant H.E. Ambassador Fook Seng Kwok of Singapore as well as the questions and statements from numerous delegations and the replies from Trinidad and Tobago.