Student Law Review Issue 1 | Page 48

To what extent are International trade and the protection of the environment related, with respect to Trinidad and Tobago? By Denzil Rajack-Prayag Introduction The emerging challenge is to examine how State-operated environmental institutions such as the Environmental Management Authority (EMA), incorporate the notion of environmental protection based on the premise of democratic participation. It includes the implementation of legal principles, public consultation and participation in decisions involving environmental consequences. International trade is the exchange of goods and services along international borders which attracts greater competition and more competitive pricing in the market. The exchange of goods and services in the oil and gas sector positively affects Trinidad’s economy, since it is the main contributor to the country’s gross domestic product. Multinational Corporations such as British Petroleum Trinidad and Tobago (bpTT) and Atlantic LNG Company of Trinidad and Tobago (ALNG) are main avenues for international trade and have propelled economic development. These multinational corporations (MNC’s) are registered and operate in numerous countries by producing and selling petrochemical goods. The country is an important trading partner with the United States of America as it is the largest exporter of liquefied natural gas (LNG) to that nation, contributing to more than 65% of USA LNG imports.58 Environmental protection is the practice of protecting the natural surroundings on individual, organizational or governmental levels, for the benefit of the natural environment and humans.59 Due to the construction and expansion of petrochemical plants through invitation to trade the biophysical environment is being degraded and heavily polluted. This has been an occurrence at Galeota Point and Guapo Bay where bpTT and ALNG are situated respectively.                                                               58 Central Intelligence Agency “Trinidad and Tobago” CIA- World Factbook URL:https://www.cia.gov/library/publications/the-world-factbook/index.html (accessed Janury,21st. 2008) 59 World Summit for Sustainable Development/Rio Plus 10.   44