On August 31, 1962 the Island Republic of Trinidad & Tobago gained its Independence from Britain. Trinidad and Tobago became a Republic on August 1st, 1976. The event was celebrated as a public holiday on September 24th because this is the date when the first Parliament met under the new Republican Constitution. Today August 31, 2012 the small Island Republic has a lot to celebrate in that it is one of few Caribbean Nations to be truly independent and free from owing any allegiance to the British Monarch as well as having one of the most stable Caribbean Economies driven by Industry and Commerce exporting Household and Industrial Products throughout the Caribbean. The Island of Trinidad & Tobago has been known for its diverse cultural mix having a population deriving from African and East Indian descendants. The Island known to be the Carnival Capital of the World will be celebrating their 50th year of Independence in fine style with several parties and formal civic ceremonies. For a complete list of Formal activities please visit http://www.tnt50.gov.tt/