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CARICOM

Caribbean Community


EU won’t demand ’duty-free’ access to Caribbean markets - Critical of Jamaica’s high cost of business
A European Union (EU) representative in Jamaica, moving to calm fears that duty-free goods from that region would storm the Caribbean come January 1, 2008 has said the 27-member bloc is not expecting full reciprocity on its blanket offer to eliminate duties on regionally-produced goods entering its market.
David and Goliath
The title refers to the possibility of David, Caricom, endeavouring to negotiate a Free Trade Area (FTA) with Goliath, the United States. There has been a general criticism that the language used in reporting international trade matters is not readily understood by the average reader. As far as possible therefore, this article is couched in colloquial language.
CARICOM agriculture requires new finance, says Guyana’s president
If the agricultural sectors of Caribbean Community (CARICOM) countries are to remain viable amidst reformations to longstanding preferential arrangements and other emerging threats, then the injection of new and added finance into the Region’s agriculture is necessary for it to survive and remain viable.
Talking with the US president and investors about globalisation
In two weeks (June 19-21), CARICOM Prime Ministers will meet with President George W. Bush, in Washington. CARICOM officials will also meet with the Caribbean diaspora at the Conference of the Caribbean: A 20:20 Vision.
Dominican Republic, Grand Caribbean headed for free trade
The Central American Integration System’s (SICA) 22 member countries and the Caribbean Community (CARICOM) last Saturday have announced the start of negotiations for a Free Trade Agreement between the two blocs as a first step to continue advancing towards an association pact.
Growing sense that Caribbean-EC negotiations may be in trouble
A few days ago an influential political friend of the region asked about the current state of the negotiations between the Caribbean and the Europe for an Economic Partnership Agreement (EPA).
Chamber president urges government to sign accord between Caribbean countries and EU
Grand Bahama Chamber of Commerce President Christopher Lowe is calling on the Government to seriously consider signing on to the CARIFORUM-EPA -EU trade agreement, claiming that failure to do so could result in the loss of jobs for two major industries on Grand Bahama.
Caricom wants ’special provisions’ for sugar, bananas
The EU concession announced last week to remove all remaining quota and tariff restrictions on ACP products includes a phase-out period for rice and sugar, but does not mention bananas.
Rethinking FTAA
Trinidad and Tobago should rethink its position on the Free Trade Area of the Americas (FTAA) and instead examine Latin American proposals on the formation of a Latin American-Caribbean trade grouping. Government, it seems, continues to believe that we can still be selected as the headquarters of the FTAA.
Report lends to exporting services, widening sector
A report on the services sector released on Monday, revealed that computer-related and environmental services have high export potential, while communication, road transportation and tourism-related services are best reserved for domestic supply.
EPA will provide more dynamic export market for Caribbean, say trade experts
Jamaican trade experts are confident that when the ongoing Economic Partnership Agreement (EPA) negotiations between the European Union (EU) and the Caribbean Forum of ACP States (CARIFORUM) are completed by the end of the year, it will facilitate a more dynamic export market for Jamaica and the rest of the region.
Free trade deal on tap
The Caribbean Community intends to negotiate a free trade agreement with Central America perhaps within the next six months, the organization’s top official says.
Caribbean Community to weigh trade deal
The Caribbean Community intends to negotiate a free trade agreement with Central America perhaps within the next six months, the organization’s top official said Sunday.
Nicaragua seeks FTA with CARICOM
Nicaragua has began the negotiations to establish a free trade agreement with the Caribbean Community (CARICOM), according to Nicaraguan Promotion, Industry, and Trade Minister Horacio Brenes.
Push on Capitol Hill to boost US-Caricom ties
With the Democrats getting ready to take charge of Capitol Hill in Washington, a multifaceted initiative designed to boost economic and political ties between the United States and CARICOM has been placed on the table. It’s the brainchild of Manchester Trade, a private firm of international business advisors in Washington.
CARICOM gets European funding to advance regional economic integration
The Caribbean Community (CARICOM) will benefit from a 40.5 million euro grant to support the Caribbean region in achieving its objective of regional economic integration and repositioning into the world economy.
Implementing CARICOM-Canada Free Trade Area crucial, says Canadian High Commissioner
Canadian High Commissioner to Guyana and the Caribbean Community (CARICOM), Charles Court, has committed to fast-tracking negotiations for the establishment of a CARICOM-Canada Free Trade Area (FTA).
Trade bill is a major concern for textiles
In a move that is strongly opposed by US textile manufacturers, the chairman of the House Ways and Means Committee has introduced legislation that will make major changes in the textile provisions of two trade agreements and also promote investments in African facilities by US companies.