St. Vincent and the Grenadines
Last updated in October 2016
Political relations between Germany and St. Vincent and the Grenadines are amicable and untroubled. Cooperation is mainly in the form of individual development cooperation and cultural projects and within the United Nations.
The scale of bilateral economic relations with Germany is modest. The volume of imports and exports in both directions is small. Additional revenue from Germany is generated by tourists (especially cruise ship tourists).
An agreement on the protection and promotion of investment has been in place since 1989. A bilateral agreement on exchange of information on tax matters entered into force in 2011. Other cooperation and trade accords exist within the framework of the agreements between the European Union and the ACP (African, Caribbean, Pacific) states, and between the EU and CARIFORUM (CARICOM member states plus the Dominican Republic). The people of St. Vincent and the Grenadines, and indeed throughout the region, are keenly following the further development of trade relations with the EU in the light of the Economic Partnership Agreement (EPA) that was signed in October 2008.
In development cooperation, St. Vincent and the Grenadines has indirect ties to Germany through German agreements with the Caribbean Community (CARICOM), cooperation focusing on sustainable economic development, the promotion of renewable energy and adaptation to climate change. In addition, Germany provides assistance through microprojects in the region.