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Suriname

 

Trinidad & Tobago

 

Guyana

 

 

Main Geographic Markets

Our market primarily includes the Eastern Caribbean. See Caribbean GDP Figures.

 

Bermuda

Bahamas

Cayman Islands

Cuba

Jamaica

Haiti

Dominican Republic

Puerto Rico

British Virgin Islands

US Virgin Islands

                   

SURINAM


The Republic of Suriname, more commonly known as Suriname or Surinam, (formerly known as Netherlands Guiana and Dutch Guiana) is a country in northern South America, in between French Guiana to the east and Guyana to the west. The southern border is shared with Brazil and the northern border is the Atlantic coast. The most southern parts of the borders with Guyana and French Guiana are disputed (upper Corantijn and Marowijne rivers—the map shows the Guyana and French Guiana versions of the border).

HISTORY

Pre – 1500

Arawak and Carib tribes lived in the region before Columbus sighted the coast in 1498.

1500 – 1815

Spain claimed the area in 1593, but Portuguese and Spanish explorers of the time gave the area little attention. The English established the first European settlement in 1651 and control passed between the English, French and Dutch until it finally became a Dutch colony in 1815.

1815 – 1990

An autonomous part of the Netherlands from 1954, Suriname became fully independent in 1975. Suriname was a working parliamentary democracy in the years immediately following independence. Henk Arron became the first Prime Minister and was re-elected in 1977. On 25 February 1980, 16 non-commissioned officers overthrew the elected government. The military-dominated government then suspended the constitution, dissolved the legislature, and formed a regime that ruled by decree. Although a civilian filled the post of president, a military man, Desi Bouterse, actually ruled the country. Throughout 1982, pressure grew for a return to civilian rule. In response, the military ordered drastic action, the authorities arrested and killed 15 prominent opposition leaders, including journalists, lawyers, and trade union leaders. Following the murders, the United States and the Netherlands suspended economic and military co-operation with the Bouterse regime, which increasingly began to follow an erratic but generally leftist political course. Economic decline rapidly set in after the suspension of economic aid from the Netherlands. The regime restricted the press and limited the rights of its citizens. Continuing economic decline brought pressure for change. The military eventually agreed to free elections in 1987, a new constitution and a civilian government.

1990 - to date

On 24 December 1990, military officers forced the resignations of the civilian President and Vice President elected in 1987. The National Assembly hastily approved military-selected replacements on 29 December. The government held new elections on 25 May 1991. NPS candidate Runaldo Venetiaan was elected President, and the VHP's Jules Ajodhia became Vice President of the New Front Coalition government. The NDP won more National Assembly seats (16 of 51) than any other party in the May 1996 national elections and in September 1996, joined with the KTPI, dissenters from the VHP, and several smaller parties to elect NDP vice-chairman Jules Wijdenbosch president of a NDP-led coalition government. Divisions and subsequent reshuffling of coalition members in the fall of 1997 and early 1998 weakened the coalition's mandate and slowed legislative action.

In May 1999, after mass demonstrations protesting poor economic conditions, the government was forced to call early elections. The elections in May 2000 returned Runaldo Venetiaan and his coalition to the presidency. The NF ran its campaign on a platform to fix the faltering Surinameese economy. But while the Venetiaan administration has made progress in stabilising the economy, tensions within the coalition and the impatience of the populace have impeded progress. The Dutch halted aid in response to irresponsible spending by the Wijdenbosch administration. The parties are at odds over the control of the funds, and necessary aid has not flowed to the country.

POPULATION - 438,144 (July 2005 est.)
CURRENCY - Suriname dollar (SRD)

ECONOMY

GDP: (in 1000 SRD) 4107318
GDP per head: SRD 7983
Annual Growth: 8%
Inflation: 12.7% (at September 2005)


Major Industries: bauxite and gold mining, alumina production, lumbering, food processing, fishing
Major Trading Partners: US, Norway, Netherlands, Norway, Trinidad and Tobago, Japan, UK, Brazil.

The economy of Suriname is dominated by the bauxite industry, which accounts for more than 15 percent of GDP and 70 percent of export earnings. Other main export products include sugar, and Suriname has some oil and gold reserves. About a quarter of the people work in the agricultural sector. The Surinamese economy is very dependent on other countries, with its main trade partners being the Netherlands, the United States and countries in the Caribbean.

                   

Turks & Caicos

Netherlands Antilles

French West Indies

Antigua & Barbuda

St. Kitts & Nevis

Dominica

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Grenada

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Barbados

                   
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Chemcontrol Limited
Suite 309, Top Floor, Cross-Crossing Centre, Cross-Crossing, San Fernando, Trinidad
Telephone: 868 657 3555 / 868 657 2000 / Facsimile: 868 657 2555
www.chemcontrol.co.tt