In 2002, Saint Kitts and Nevis was a small country located in the Caribbean. It was composed of two islands, St. Kitts and Nevis, which were separated by a two-mile channel. The population of Saint Kitts and Nevis in 2002 was around 46 thousand people and English was the official language. According to computerannals, the capital city of Basseterre was home to many government buildings, as well as popular tourist attractions such as Brimstone Hill Fortress National Park, Timothy Hill and Ottley’s Plantation Inn.
The economy of Saint Kitts and Nevis in 2002 was largely based on services, industry and agriculture. Services accounted for around 70% of GDP; they included activities such as banking, finance and tourism. Industry accounted for around 15% of GDP; it included activities such as manufacturing and construction. Agriculture played an important role; it accounted for around 10% of GDP and included crops such as sugarcane, cotton and corn. Tourism had begun to develop as well; visitors were drawn to Saint Kitts and Nevis’ stunning beaches, vibrant culture and unique architecture.
Saint Christopher and Nevis. According to Countryaah website, national day of Saint Kitts and Nevis is every September 19. Saint Christopher and Nevis were removed during the year from the Economic Cooperation Organization’s OECD list of countries that do not cooperate against money laundering and tax evasion. The country had then taken a number of measures to regulate its financial sector.
In the autumn, the Eastern Caribbean Organization OECS, which includes Saint Christopher and Nevis, decided that the Member States, starting at the end of 2002, would form an economic union to improve the region’s competitiveness in the world’s export markets. Free movement of goods and services would start to apply as early as January 1, 2003, while free movement of labor would last until 2007.