Port of Spain of the Caribbean, exporting both agricultural products and manufactured goods. Bauxite from Guyana is trans-shipped via facilities at Chaguaramas, about west of the city. The pre-lenten Carnival is the city's main annual cultural festival and tourist attraction. Today, Port of Spain is a leading city in the Caribbean region. Trinidad and Tobago hosted the Fifth Summit of the Americas in 2009 whose guests included US President Barack Obama and US Secretary of State Hillary Clinton. Port of Spain is also home to the biggest and most successful stock exchange in the Caribbean, the Trinidad and Tobago Stock Exchange (TTSE). The
History of the Caribbean cruise ships. The deepwater port at Bridgetown, Barbados, was completed by British investors in 1961. A more recent deepwater port project was completed by Hong Kong investors in Grand Bahama in the Bahamas. Some Caribbean islands take advantage of flag of convenience policies followed by foreign merchant fleets, registering the ships in Caribbean ports. The registry of ships at "flag of convenience" ports is protected by the Law of the Sea and other international treaties. These treaties leave the enforcement of labour, tax, health and safety, and environmental laws under the control of the registry, or "flag" country, which in