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Rice imports into Trinidad and Tobago in 2005 represented approximately 95% of domestic demand. Local production has been declining since reaching a peak of 21,000 tonnes in 1992. Present production is 3,500 tonnes. Rice is produced under a variety of production systems and on farms of varying...
Persistent link: https://www.econbiz.de/10005039348
Trinidad and Tobago produces a fine flavour cocoa that attracts a premium price on the international market. The country has a long and distinguished record in agronomy and production of cocoa and is home to the Cocoa Research Unit, which attracts international notice and funding. However, cocoa...
Persistent link: https://www.econbiz.de/10005039351
Economic theory posits that the removal of impediments to trade should redound to improvement in the overall well-being of all nations. Unfortunately, for many developing countries, this has not been the case; upon significantly reducing their tariffs, they are yet to see any tangible benefits....
Persistent link: https://www.econbiz.de/10005483513
Several Caribbean sugar producing countries are actively looking for viable alternatives to recover some of the expected lost revenues due to the WTO (World Trade Organization) ruling that sugar subsidies in the European Union (EU) are illegal. One alternative worth considering is exporting...
Persistent link: https://www.econbiz.de/10005039347