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CARICOM

Caribbean Community


African, Caribbean nations mull joint free trade zone
Public and private sectors’ leaders in African and Caribbean nations have called for increased trade and investments among the nations, with a vision to create an African Caribbean free trade zone.
Millions awarded to Lee-Chin in dispute with Dominican Republic
Jamaican business mogul Michael Lee-Chin has been awarded more than US$43 million in an investment dispute with the Dominican Republic.
Elizabeth Morgan | OACPS/EU – Post-Cotonou Agreement still in limbo
Wednesday, April 5, 2023 was the third anniversary of the establishment, as a full international organisation, of the Organization of African, Caribbean and Pacific States (OACPS).
Can CARICOM-Canada Trade And Investment Flows Be Revitalised?
Canada, although having a long-standing relationship with the Caribbean Community (CARICOM) and its Member States, being in the hemisphere and the Commonwealth and the third major trading partner, does not usually generate much attention and scrutiny in the region. The planned visit by Prime Minister Justin Trudeau in February, as Canada campaigned for a seat on the United Nations (UN) Security Council, sparked region-wide media interest. This visit was postponed. Canada was unsuccessful in its bid for a non-permanent seat on the Security Council.
CDB, IDB sign agreement to support economic development in Caricom
The Barbados-based Caribbean Development Bank (CDB) on Monday signed an agreement with the Inter-American Development Bank (IDB) to support economic development and integration of the Caribbean Community (Caricom).
CARICOM to ‘make agriculture great again’
The Caribbean Community (CARICOM) Secretariat is actively working with agriculture to help the industry regain its importance to the region which has been in decline over the years, Secretary General Ambassador Irwin Larocque has said.
Chile president wants free-trade agreement with CARICOM
President of the Republic of Chile, Sebastián Piñera, has expressed interest in entering into negotiations on a free trade-agreement with the Caribbean Community.
Lee-Chin seeks US$300m in arbitration fight over Dom Rep investment
A Jamaican investor served the government of the Dominican Republic with a notice of arbitration surrounding the state takeover of a recycling facility and waste-to-energy plant.
Lee-Chin takes on Dom Rep - Businessman seeking US$300m from country’s government for expropriating his investment
Businessman Michael Lee-Chin has served notice that he intends to submit to arbitration a claim against the government of the Dominican Republic seeking to recover more than US$300 million in damages for expropriating his investment in that country.
Caribbean countries not fully satisfied with EPA accord
Caribbean Forum (CARIFORUM) countries say they are yet to “meaningfully reap the potential benefits” of the Economic Partnership Agreement (EPA) signed with Europe in 2008.
The role of Civil Society in the CARICOM Single Market and Economy (CSME)
Regional Integration is loosely defined as countries cooperating to achieve a common objective. The way in which countries choose to achieve these common objectives depends on the commitment and keenness of states or countries to share their sovereignty towards a common goal.
Failed Free-Trade Agreement negotiations between Caricom, Canada disappointing — Bartlett
Opposition spokesman on Foreign Affairs & Foreign Trade Edmund Bartlett is expressing disappointment at the failed Free-Trade Agreement negotiations between Caricom and Canada.
Barbados: EPA not at full potential
More than six years after the signing of a controversial Economic Partnership Agreement between the European Union and CARIFORUM, Barbados and other participating countries are “struggling” to make it work.
Canada knocks CARICOM ‘lack of ambition’ in trade talks
Less than two months remain to the agreed deadline for the conclusion of talks on a free-trade agreement between CARICOM and Canada, and the tensions are showing.
MFAFT gets anxious as Caricom/Canada FTA deadline nears
The waiver which facilitates duty-free access to Canada’s market expired three months ago, but Canada is still according duty-free treatment to goods from Caricom under the Caribbean/Canada Trade Agreement, CaribCan, officials attached to the Ministry of Foreign Affairs and Foreign Trade (MFAFT) say.
Doubt over Canada-Caricom trade talks
Negotiations on a trade agreement between Canada and Caricom countries have limped along for over five year and could fizzle out by the end of June—a “drop-dead” date now accepted by both sides.
Dominica wants Europe to lift Schengen visa requirement to stimulate trade
Dominica is pursuing efforts to get the European Union (EU) to remove the visa requirements for Dominican nationals travelling to Europe, saying that it is important to stimulate trade under the Economic Partnership Agreement (EPA) signed with Europe five years ago.
CARICOM-US to sign trade accord
The Caribbean Community (CARICOM) countries will sign a trade investment framework agreement with the United States during the visit of Vice President Joe Biden to Trinidad and Tobago next week.
The looming Canada-CARICOM free trade agreement
On April 23, Kamla Persad-Bissessar, the Prime Minister of Trinidad and Tobago visited Canada to deliver her pitch to make the Canada-CARICOM free trade agreement a reality.
Caricom maintains independence in external negotiations
The 15-nation Caribbean Community (Caricom) will be funding all future negotiations itself, according to Guyana’s Foreign Minister Carolyn Rodrigues-Birkett. She recently informed the 65-seat National Assembly, current negotiations between Caricom and Canada for a Trade and Development Agreement are being funded by the region.