Association of Caribbean States the organisation is located in Port of Spain, Trinidad and Tobago. The Association of Caribbean States is intended to promote regionalism amongst the member states. The success and functionality of the ACS is greatly debated among scholars. The main goals of the association are "to confirm the new concept of the Caribbean Basin by (A) accentuating those interests the Caribbean nations hold in common and (B) working to eliminate barriers left over from its colonial past." The organization seeks to use geographic proximity and regional cooperation (regionalism) for political and economic advantage with respect to the global economy and trade
Port of Spain east with an estimated population of 600,000. The city serves primarily as a retail and administrative centre and it has been the capital of the island since 1757. It is also an important financial services centre for the Caribbean and is home to two of the largest banks in the region. Port of Spain was also the "de facto" capital of the short-lived West Indies Federation, which united the Caribbean. Caricom was established in Chaguaramas, west of Port of Spain. The city is also home to the largest container port on the island and is one of several shipping hubs