Trinidad And Tobago Economy
Trinidad and Tobago (08/04)
The petrochemical sector, including methanol, ammonia, urea, and natural gas liquids, has continued to grow and has experienced a new burst of activity with the resumption of fullscale production of all existing facilities. Natural gas production continues to expand and should meet the needs of the many industrial plants coming on stream in the next 3 years. The major development in 2003 was the completion of Train III at the Atlantic liquefied natural gas (LNG) plant. A fourth train is currently under construction. Trinidad and Tobago is the 5th largest exporter of liquefied natural gas in the world. The expansion of Atlantic LNG over the next 4 years could create the largest-single sustained phase of economic growth in Trinidad and Tobago. It has become the leading exporter of LNG to the United States, and now supplies some 65% of U.S. LNG imports. Trinidad and Tobago is experiencing a transition from an oil-based economy to a natural gas based economy. In 2002, production of natural ... [Read More]
Trinidad and Tobago (11/03)
The petrochemical sector, including methanol, ammonia, urea, and natural gas liquids, has continued to grow and has experienced a new burst of activity with the resumption of fullscale production of all existing facilities. Natural gas production continues to expand and should meet the needs of the many industrial plants coming on stream in the next 3 years. The major development in 2003 was the completion of Train III at the Atlantic liquefied natural gas (LNG) plant. A fourth train is currently under construction. Trinidad and Tobago is the 5th largest exporter of liquefied natural gas in the world. The expansion of Atlantic LNG over the next 4 years could create the largest-single sustained phase of economic growth in Trinidad and Tobago. It has become the leading exporter of LNG to the United States, and now supplies some 65% of U.S. LNG imports. Trinidad and Tobago is experiencing a transition from an oil-based economy to a natural gas based economy. In 2002, production of natural ... [Read More]
Trinidad and Tobago
Trinidad and Tobago, a member of the Commonwealth of Nations, is a parliamentary democracy in which there have been generally free and fair elections since independence from the United Kingdom in 1962. Parliament elects a president, whose office is largely ceremonial but does have some appointive power. In October 2002 general elections, Prime Minister Patrick Manning's People's National Movement (PNM) secured a 20-16 seat victory over the United National Congress (UNC), breaking an 18-18 tie in Parliament and ending a 9-month parliamentary stalemate. The judiciary is independent. The Ministry of National Security oversees the police service and the defense force, rendering them responsive to civilian authority. An independent body, the Police Service Commission, makes all personnel decisions in the Police Service, and the Ministry had little direct influence over changes in senior positions. W ... [Read More]
US Department Of State Post Report
Spouses who choose to work on the local economy are liable for local income tax on their earnings. ... A ferry also operates between Trinidad and Tobago. The round trip fare is US$8 and US$10 for economy and tourist class tickets and US$20 for an average sized car (cost is based on car's weight). A cabin costs an additional US$26 and must be booked early. The trip takes 5 1/2 hours from Port of Spain to Tobago, but only 5 hours return because of the favorable current. Car rentals in Tobago cost about US$45 a day; reserve in advance in Port of Spain. Communications Telephones and TelecommunicationsLast Updated: 12/31/1999 6:00 PM ... [Read More]
Trinidad and Tobago
Trinidad and Tobago, a member of the Commonwealth of Nations, is a parliamentary democracy in which there have been generally free and fair elections since independence from the United Kingdom in 1962. Parliament elects a president, whose office is largely ceremonial but does have some appointive power. When the December 2001 elections produced an 18-18 balance in Parliament between the United National Congress (UNC) and People's National Movement (PNM), both parties agreed to allow President A.N.R. Robinson to designate the new Prime Minister. However, when the President selected the PNM's Patrick Manning, the UNC refused to abide by the decision, and the deadlocked Parliament was unable to pass legislation or elect a speaker for 9 months, until new elections on October 7 yielded a 20 to 16 working majority for Manning and the PNM. A 12-member elected House of Assembly handled local matters on ... [Read More]
Sea Turtle Conservation and Shrimp Imports
Twenty-four nations and one economy were certified as having fishing environments that do not pose a danger to sea turtles. Of these, eight nations and one economy -- the Bahamas, China, the Dominican Republic, Fiji, Hong Kong, Jamaica, Oman, Peru and Sri Lanka -- harvest shrimp using manual rather than mechanical means to retrieve nets, or use other fishing methods not harmful to sea turtles. Sixteen nations have shrimp fisheries only in cold waters, where the risk of taking sea turtles is negligible. They are: Argentina, Belgium, Canada, Chile, Denmark, Finland, Germany, Iceland, Ireland, the Netherlands, New Zealand, Norway, Russia, Sweden, the United Kingdom, and Uruguay. Trinidad and Tobago and Cost Rica are currently uncertified. ... [Read More]
Sea Turtle Conservation and Shrimp Imports
Twenty-four nations and one economy were certified as having fishing environments that do not pose a danger to sea turtles. Of these, eight nations and one economy -- the Bahamas, China, the Dominican Republic, Fiji, Hong Kong, Jamaica, Oman, Peru and Sri Lanka -- harvest shrimp using manual rather than mechanical means to retrieve nets, or use other fishing methods not harmful to sea turtles. Sixteen nations have shrimp fisheries only in cold waters, where the risk of taking sea turtles is negligible. They are: Argentina, Belgium, Canada, Chile, Denmark, Finland, Germany, Iceland, Ireland, the Netherlands, New Zealand, Norway, Russia, Sweden, the United Kingdom, and Uruguay. Honduras and Venezuela remain uncertified from January of this year. ... [Read More]
Background Notes
These publications include facts about the land, people, history, government, political conditions, economy, and foreign relations of independent states, some dependencies, and areas of special sovereignty. The Notes are updated/revised by the Office of Electronic Information and Publications of the Bureau of Public Affairs as they are received from the Department's regional bureaus and are added to the database of the Department of State website you are now using. ... [Read More]
Sea Turtle Conservation and Shrimp Imports - Panama
Twenty-four nations and one economy were certified as having fishing environments that do not pose a danger to sea turtles. Of these, eight nations and one economy -- the Bahamas, China, the Dominican Republic, Fiji, Hong Kong, Jamaica, Oman, Peru and Sri Lanka -- harvest shrimp using manual rather than mechanical means to retrieve nets, or use other fishing methods not harmful to sea turtles. Sixteen nations have shrimp fisheries only in cold waters, where the risk of taking sea turtles is negligible. They are: Argentina, Belgium, Canada, Chile, Denmark, Finland, Germany, Iceland, Ireland, the Netherlands, New Zealand, Norway, Russia, Sweden, the United Kingdom, and Uruguay. Trinidad and Tobago and Cost Rica are currently uncertified. ... [Read More]
G) The Caribbean
Trinidad and Tobago is a transit country for narcotics transported from South America to the U.S. and Europe. Evidence is insufficient, however, to establish that the quantity of drugs transiting Trinidad and Tobago has a significant effect on the U.S. In addition, the country produces cannabis, but the amount of cannabis produced is below the threshold for designating the country as a major drug-producing country under the Foreign Assistance Act of 1961, as amended. Trinidad and Tobago’s petrochemical-based economy requires the import and export of precursor chemicals that can be diverted for use in cocaine production. Precursor chemicals originating in Trinidad and Tobago have been found in illicit drug labs in Colombia. Trinidad and Tobago is an increasingly significant regional financial center. The country’s growing economy, with well-developed communications and transportation systems, facilitates a significant number of sizeabl ... [Read More]
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