Reconciling the local content laws and policies in Trinidad and Guyana with the CARICOM trade rules: lessons from the European Union

Abstract

Several Caribbean countries have local content laws that might go against the Revised Treaty of Chaguaramas and frequently reflect a patriotic mindset. Treaties between countries aiming primarily at the union of numerous independent nations might further complicate an industry already beset by challenges because they frequently necessitate the pooling of money and resources. This article will look at how the CARICOM nations of Trinidad and Tobago and Guyana deal with local content in their separate jurisdictions, and how it affects their CARICOM treaty obligations