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Prime Min­is­ter Kam­la Per­sad-Bisses­sar says Trinidad and To­ba­go’s re­moval from the Eu­ro­pean Union list of non-co­op­er­a­tive ju­ris­dic­tions for tax pur­pos­es marks a ma­jor step for­ward for the coun­try and sig­nals re­newed con­fi­dence in its fi­nan­cial sys­tem.

Trinidad and To­ba­go was re­cent­ly re­moved from the EU black­list, a des­ig­na­tion ap­plied to coun­tries that fail to meet in­ter­na­tion­al stan­dards for tax trans­paren­cy.

“This is a ma­jor step for­ward.”