As wealth increases locally – EU phases down operations in Trinidad and Tobago - Trinidad and Tobago Newsday

As wealth increases locally – EU phases down operations in Trinidad and Tobago - Trinidad and Tobago Newsday

After years of granting project funding, the Delegation of the European Union (EU) to TT is now transitioning away from direct development funding locally. But outgoing Ambassador Extraordinary and Plenipotentiary Peter Cavendish assures the relationship remains valued and important. The EU’s gradual withdrawal from direct development funding is not a result of fractured diplomacy or lack of interest. Instead, it reflects a shift in global econo…