Political relations are traditionally good. There is substantial agreement on international policy, above all within the United Nations. Germany supports regional integration under the auspices of the Caribbean Community (CARICOM). In the economic sector, a key factor is the long-term engagement of German companies, which have made substantial investments there (so far a total of more than 4 billion euro), especially in large plant construction in the petrochemical sector. A bilateral investment promotion and protection agreement entered into force in 2010.
A bilateral agreement on mutual assistance and exchange of information on tax matters and tax offences was signed in October 2010.
Other cooperation and trade accords exist within the framework of the agreements between the European Union and the ACP (Africa, Caribbean, Pacific) states as well as between the EU and CARIFORUM (CARICOM member states plus the Dominican Republic). Trinidad and Tobago and the states of the Caribbean hope that the signing of the EU’s new partnership agreement with the states of Africa, the Pacific and the Caribbean (Post-Cotonou Agreement) will bring a further intensification of relations with the EU.
In development cooperation, Trinidad and Tobago has indirect links with Germany through regional projects between Germany and the Caribbean Community (CARICOM) that focus primarily on promoting renewable energies, adapting to climate change and fostering biodiversity.
Germany supports the CARICOM states in their efforts to combat the proliferation of small arms through the Caribbean Firearms Roadmap.
Higher education partnerships between the University of the West Indies (UWI) and German universities, including Flensburg, Dresden, Wolfenbüttel and Kiel Universities, have been progressing well. The state vocational training institute MIC is working with the Aachen Chamber of Crafts and Trade on dual system training courses in the field of automotive engineering.
Tobago is a popular destination for German tourists, who make up the third largest group of visitors, after Britons and Canadians. Up until March 2020, there were direct flights between Germany and Tobago, which resumed seasonally in 2022.