Although the Dutch government retains responsibility for defence and foreign policy, the domestic government, which is struggling to deal with Curaçao's economic malaise, will increasingly seek to foster external relationships that advance growth. Increased regional integration is part of this strategy, and we expect Curaçao to become an associate member of the Caribbean Community (Caricom) within the forecast period.

The government will also seek to develop ties elsewhere, as the diversification of tourism markets (and the economy more broadly) will be a major objective. This is particularly important in view of the enduring political and economic crisis in Venezuela, which has historically been a major commercial partner.