The nation of Grenada has a number of long standing business and international trade agreements. Individual bilateral agreements between the US and the UK are well established and primarily act to protect US and UK investors (GIDC, 2013). Additionally, Grenada is a member of CARICOM (1973), a multi nation (14) free trade zone covering the Caribbean where goods are sold and traded (GIDC, 2013). CARICOM also has extension agreements with other equatorial governments including Cuba, Colombia, Venezuela and Costa Rica with varying levels of tariff reduction (GIDC, 2013).