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Trinidad & Tobago

 

 
 

Trinidad and Tobago is a twin-island state located off the Venezuelan coast. It is a middle income country, ranking 57 (out of 177) in the 2007-2008 Human Development Index. Trinidad and Tobago has the second highest per capita income in the region. The economy is driven by natural gas and petro-chemical exports but the industrial and financial sectors are also well-developed. Nonetheless, social indicators lag behind economic growth and there are substantial pockets of poverty.

Aid programmes

The Country Strategy Paper for Trinidad and Tobago (2008-2013) presents the strategic framework for the co-operation between the European Commission (EC) and Trinidad and Tobago under the 10th European Development Fund (EDF). EC assistance under the 10th EDF will concentrate on economic diversification and good governance. Activities aim to support the regulatory environment and enabling conditions for the country's non-energy industrial and service sectors, in particular through closer university-industry cooperation, assistance to SMEs and export-oriented activities.

The EC's total allocation (2008-2013) foreseen for Trinidad and Tobago to address these priorities amounts to €25.9 million.

All EU projects in Trinidad and Tobago will also address cross-cutting issues, most notably democracy, good governance, human rights, workers' rights and the environment.

Recent assistance

The Country Strategy Paper for Trinidad and Tobago (2002-2007) under 9th EDF focussed on economic diversification and employment creation through fostering human and skills development.

With the Caribbean being the second most affected region by HIV in the world, €7.3 million was granted to support Trinidad and Tobago in its battle against HIV/AIDS. With the EU support Antiretroviral Medication (ARV) for the people living with HIV is funded.

The €6 million Poverty Reduction Programme came to an end in December 2008. The programme created structures for decentralised delivery of social services and created 15 NGO networks to help address poverty at grassroots level. Some 600 grants were approved under the programme.

In addition, Trinidad and Tobago is a beneficiary of the EU/ACP sugar protocol. The 2008 the allocation for Trinidad and Tobago under the sugar budget line amounted to almost €10 million.

For further details on projects and programmes in Trinidad and Tobago funded from the European Development Fund and the general budget of the EU, please visit the project's section of the website of the Delegation of the European Union to Trinidad and Tobago.

Other sources of information

The Directorate-General for Development is responsible for drawing up the cooperation strategy with Trinidad and Tobago.

More information on EU relations with Trinidad and Tobago is available on the pages of the Delegation of the European Union to Trinidad and Tobago.

Information on trade relations in the ACP region can be found on the website of the Directorate-General for Trade.

Last update: 17/02/2012 | Top