There is a warning Trinidad and Tobago and the Caribbean will feel the impact of the current Russia/Ukraine war.
The caution comes from Economist, Gregory McGuire.
Mr McGuire made the comment while speaking at a Movement for Social Justice hosted webinar entitled War in Ukraine: Global Ramifications and what it means for T&T and the Caribbean this week.
Mr McGuire said the region relies heavily on import of food and fuel and with the on-going war between Russia and Ukraine this could cause disruption in trade and freight routes.
The economist said this could have negative consequences and can result in a shortage of flour, wheat, animal feed, rise in food prices and inflation.
Mr McGuire said with the world still feeling the impact of the Covid-19 pandemic the outlook moving forward is a serious one.
He said while Trinidad and Tobago is not a major significant trader with either Ukraine or Russia, due to the connectivity aspect the higher the oil price goes is the greater the subsidy levels that government must pay.