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About
Barbados
Barbados
Population: 278,289 (July 2004 est.)
Languages: English (official)
Capital: Bridgetown
Government Type: Parliamentary democracy; independent sovereign
state within the Commonwealth
Independence Day: 30 November 1966 (from UK)
Legal System: English common law; no judicial review of legislative
acts.
Currency: Barbadian dollar (BBD)
Executive
Branch:
Chief
of State: Queen ELIZABETH II (since 6 February 1952), represented
by Governor General Sir Clifford Straughn HUSBANDS (since 1
June 1996).
Head of Government: Prime Minister Owen Seymour ARTHUR (since
6 September 1994); Deputy Prime Minister Mia MOTTLEY (since
26 May 2003) cabinet: Cabinet appointed by the governor general
on the advice of the prime minister.
American
Embassy: Canadian Imperial Bank of Commerce Building, Broad
Street, Bridgetown
Address: P. O. Box 302, Bridgetown; CMR 1014, APO AA 34055
Phone: [1] (246) 436-4950 Fax: [1] (246) 429-5246
General Overview: The island was uninhabited when first settled
by the British in 1627. Slaves worked the sugar plantations
established on the island until 1834 when slavery was abolished.
The economy remained heavily dependent on sugar, rum, and molasses
production through most of the 20th century. The gradual introduction
of social and political reforms in the 1940s and 1950s led to
complete independence from the UK in 1966. In the 1990s, tourism
and manufacturing surpassed the sugar industry in economic importance.
Economic
Overview: Historically, the Barbadian economy had been dependent
on sugarcane cultivation and related activities, but production
in recent years has diversified into light industry and tourism.
Offshore finance and information services are important foreign
exchange earners. The government continues its efforts to reduce
unemployment, to encourage direct foreign investment, and to
privatize remaining state-owned enterprises. The economy contracted
in 2002-03 mainly due to a decline in tourism. Growth should
be positive in 2004, the precise level largely dependent on
economic conditions in the US and Europe.
International
Disputes:
Barbados intends to take its claim before UNCLOS arbitration
that the northern limit of Trinidad and Tobago's maritime boundary
with Venezuela extends into its waters; joins other Caribbean
states to counter Venezuela's claim that Aves Island sustains
human habitation, a criterion under UNCLOS, which permits Venezuela
to extend its EEZ/continental shelf over a large portion of
the Caribbean Sea.
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