Trinidad and Tobago was one of the four members in 1973 which then along with Barbados, Guyana and Antigua and Barbuda moved to establish the organisation that today it known as the Caribbean Community and Common Market.

[4] The Programme was launched on October 29, 2004 with a revolving fund loan in the amount of TT$100 million to be disbursed on an interest free basis to firms in CARICOM, except those located in Trinidad and Tobago.

Other components of the trade support programme include the facilitation of investment by firms from Trinidad and Tobago in CARICOM member-states through joint ventures and strategic alliances; as well as the provision of technical inputs from national and regional private sector umbrella bodies.

[8] Prior to its official establishment, one of the earliest utilizations of the Fund was in the form of a TT$150 million bailout of LIAT (of which the government of Trinidad and Tobago is a shareholder) to assist in its restructuring plans in January 2005.

[13] In December 2009, the Manning administration offered ready and willing support to Jamaica from the PSF in the event that more money was needed to meet the requirements for a loan from the International Monetary Fund.

[16][17] Later in February 2015, T&T's Minister of Planning and Development Dr Bhoe Tewarie, clarified that Trinidad & Tobago would only be participating in the proposed fund if it makes sense to do so and if there was going to be return on the investment into region's long term energy security and needs.

He noted that the proposal was well received by other Caricom representatives at the First Caribbean Energy Security Summit in Washington, DC and that his government was committed to establishing the fund.