Excerpt: “This important milestone reflects several years of sustained commitment, constructive dialogue, and close cooperation between the Ministry of Finance of Trinidad and Tobago and European Union authorities, aimed at aligning with internationally agreed standards for tax good governance.

Hailing the decision, EU Ambassador to Trinidad and Tobago, H.E. Cécile Tassin stated: “The progress made by Trinidad and Tobago on the path towards meeting the internationally agreed standards on tax good governance is impressive. These efforts should be commended. They are a positive sign for the continued strengthening of our partnership.”

Following this announcement, Minister Tancoo stated: “We warmly welcome and celebrate the significant progress that Trinidad and Tobago has achieved in its engagement with the European Union on matters of international tax good governance. This milestone reflects my Government’s sustained commitment to transparency, fairness and adherence to internationally accepted standards. This achievement underscores our dedication to implementing robust global tax standards and strengthens confidence in our economic and regulatory frameworks. We express our appreciation to our partners in the European Union for recognizing the reforms we have undertaken, and we look forward to deepening our collaboration as we continue building a modern, competitive, and globally integrated economy.”

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