Search Results for: Trinidad and Tobago

BY KEITH NUTHALL
THE CARIBBEAN’S leading oil and gas producer Trinidad & Tobago says that an oil fund facility established for neighbouring small states is growing at US$4.1 million monthly. The money is transferred from the country’s oil revenues and is earmarked to help its Caribbean customers fight poverty while petroleum prices remain high.…

BY KEITH NUTHALL
A SUMMIT meeting of the Caribbean Community (CARICOM) has decided to formally inaugurate the Caribbean Court of Justice (CCJ) on April 16 at Port-of-Spain, Trinidad and Tobago. This is despite the Privy Council ruling that Jamaica had broken its own constitution in passing a law replacing its Law Lords as a final court of appeal with the CCJ.…

BY KEITH NUTHALL
COUNTERVAILING and antidumping duties imposed by the United States on Canadian exports of carbon and certain alloy steel wire rod have been undermined by a strongly critical ruling a North American Free Trade Agreement (NAFTA) panel.

US International Trade Commission (ITC) inquiries leading to the tariffs’ imposition in 2002 were challenged by Canada’s Ivaco Inc and Ivaco Rolling Mills Inc.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) and 16 Caribbean countries have launched negotiations to strike a trade deal by 2008, that should boost Jamaican bauxite exports into Europe. The mineral is already the eastern Caribbean’s largest non-food export to the EU, (eight per cent of all the region’s foreign sales being aluminium-related products – worth around Euro 223 million in 2003).…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) and 16 Caribbean countries have launched negotiations to strike a 2008 trade deal, that should boost rum exports into Europe. The spirit is already the eastern Caribbean’s largest export to the EU, (11 per cent of sales – worth around Euro 320 million in 2003), with import quota restrictions removed from 2000.…

BY MONICA DOBIE
AMERICAN researchers have developed a ‘curtain of air’ system that could keep disease-carrying insects from boarding civil aeroplanes. The technology, created by the Agricultural Research Service (ARS) in the United States, is a high velocity fan system used in passenger walkways that excludes 99 per cent of mosquitoes and flies.…

BY MARK WILSON
AWASH with recently-passed legislation and newly-established Financial Investigation Units, the small nations of the Caribbean have transformed their money laundering controls since the mid-1990s. In 2000, five Caribbean island jurisdictions made up one-third of the Financial Action Task Force (FATF) list of fifteen non-cooperative countries and territories, each of them with ‘serious systemic problems,’ in the words of a FATF review published on June 22 of that year.…

BY KEITH NUTHALL in Paris, ALAN OSBORN in London, MARK ROWE in Singapore, ED PETERS and DON GASPER in Hong Kong, RICHARD HURST in Johannesburg, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane and ALEX SMAILES in Port of Spain.…

BY KEITH NUTHALL
A DISPUTE proceedings panel has now been established at the World Trade Organisation to rule on the legality of the European Union’s sugar export subsidies. Australia, Brazil and Thailand allege the handouts break world trade laws. Barbados, Canada, China, Colombia, Jamaica, Mauritius, New Zealand, Trinidad and Tobago and the US reserved their right to participate.…

BY KEITH NUTHALL
A DISPUTE proceedings panel has now been established at the World Trade Organisation to rule on the legality of the European Union’s sugar export subsidies. Australia, Brazil and Thailand allege the handouts break world trade laws. Barbados, Canada, China, Colombia, Jamaica, Mauritius, New Zealand, Trinidad and Tobago and the US reserved their right to participate.…