Trinité-et-Tobago
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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.
Report by Trinidad and Tobago
During the period under review (2012-2018), Trinidad and Tobago was led by two different administrations and hence, two (2) different strategic approaches shaped and influenced macroeconomic policies and activities in the country. These differing approaches are embedded in the Medium Term Policy Framework 2011-2014 (MTPF) developed by the Peoples Partnership (PP) Government in 2011 and the National Development Strategy 2016-2030 (NDS) (hereafter referred to as Vision 2030) developed in 2016 by the currently ruling People’s National Movement (PNM) Government.