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Region:
Caribbean
Capital:
Port of Spain
Population:
1,096,585
(July 2004 est.)
Surface
area:
5,130 sq km
Currency:
dollar
GDP
per capita:
purchasing power
parity - $9,600
(2003 est.)
Background:
The islands came
under British
control in the
19th century;
independence
was granted in
1962. The country
is one of the
most prosperous
in the Caribbean
thanks largely
to petroleum
and natural gas
production and
processing. Tourism,
mostly in Tobago,
is targeted for
expansion and
is growing.
Economy
– Overview
Trinidad and
Tobago, the leading
Caribbean producer
of oil and gas,
has earned a
reputation as
an excellent
investment site
for international
businesses. Tourism
is a growing
sector, although
not proportionately
as important
as in many other
Caribbean islands.
The economy benefits
from low inflation
and a growing
trade surplus.
Prospects for
growth in 2004
are good as prices
for oil, petrochemicals,
and liquified
natural gas are
expected to remain
high, and foreign
direct investment
continues to
grow to support
expanded capacity
in the energy
sector. The government
is coping with
a rise in violent
crime.
United
Nations membership
date:
18 September
1962
New
York Mission:
Permanent Mission
of the Republic
of Trinidad and
Tobago
to the United
Nations
820 Second Avenue,
5th Floor
New York, N.Y.
10017 USA
Telephone: 212-697-7620,
7621, 7622, 7623
Fax: 212-682-3580
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