Thu03302017

Last update01:35:06 PM

Back You are here: Home Business Business News Regional Trade

CARIFORUM and EU sign Euro 82.6 million agreements

cariforumThe Caribbean Forum of African Caribbean and Pacific States (CARIFORUM) and the European Commission (EC) on Wednesday signed three financial agreements designed to boost the Caribbean Region’s ability to deliver tangible results of integration to its populace.

Read more...

CBI head: T&T may be small, but still competitive

The Caribbean Basin Initiative (CBI) has a promising future. This is the view of Jose Orive, chairman, Association of American Chambers of Commerce of the Caribbean and Latin America (AACCLA). Orive spoke about the CBI, which was launched in 1984 and has evolved into the Caribbean Basin Trade and Partnership Act (CBTPA) and allows preferential treatment of some goods from the Caribbean and Central America into the United States.

Read more...

JAMAICA - Alison Stone-Roofe to head the new Jamaican mission in Brazil

Minister of Foreign Affairs and Foreign Trade, Senator A.J. Nicholson, announces the appointment of Alison Stone Roofe as Jamaica’s first Ambassador to Brazil.

Read more...

CARICOM - Is the Caribbean Community in danger of coollapsing

caricom_hq_350X200In a recently released report, British consulting firm Randall Mills said the Caribbean Community regional block, or Caricom, "could expire slowly over the next few years." The Caribbean integration movement could come to an end in four to five years because of poor financing, dissatisfaction among members and the world economic crisis, the report added.

Read more...

High and Rising Levels of Low-wage Work Remain a Cause for Concern in Many Countries

us_dollarsWashington, D.C., January 26, 2012- A new report released today by the Center for Economic and Policy Research (CEPR) shows that countries can succeed in reducing low pay, if they take the right steps.

Read more...

T&T moving to bigger Americas market says Cadiz

Trade and Industry Minister Stephen Cadiz says T&T will be moving from the traditional markets of Caricom to a market of 70 million people in South and Central America. He said last Monday’s Panama Partial Scope Agreement was just the beginning of the manufacturing sector’s incursion into that 70 million market.

Read more...

CARICOM wants stronger relations with UK

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana)  The Caribbean Community (CARICOM) opened talks with the United Kingdom on Saturday morning IN Grenada with further calls for stronger partnerships to mitigate what it described as “the insidious global challenges confronting the Community.”

Read more...

CARIFORUM: EPA - Framework to improve flow of Investments says report

cariforum-epaThe Economic Partnership Agreement (EPA) between the European Union and the Caribbean Forum of African Caribbean and Pacific States (CARIFORUM) provides a comprehensive framework to improve the flow of investments between the two parties.

Read more...

BERMUDA - Get the work permit situation right , Sir John tells forum

Increasing the resident population is key to improving Bermudas’ economy, according to Sir John Swan and Larry Burchall. The pair stressed that the economy was in dire straits, at a forum at City Hall yesterday. And Bermuda had to get its work permits regime right.

Read more...

SURINAME - lighting the CARICOM pathway to prosperity

PARAMARIBO–Suriname’s light was shining exceedingly bright last week, as the country hosted the 23rd Inter-Sessional Meeting of the Caribbean Community Heads of Government under the leadership of its President, His Excellency Desiré Delano Bouterse who assumed the chair of CARICOM in January 2012.

Read more...

Trade Between Cuba and Latin America Increasing

expocubaCIEGO DE AVILA, Cuba, Jan 15 (acn) The President of the Cuban Chamber of Commerce, Estrella Madrigal Valdes reaffirmed the growing trend of commerce between Cuba and Latin American countries, noting that it shows the increasing interest of the countries of the region in fostering integration.

Read more...

GUYANA - CARICOM scores low in EPA implementation says Greenidge

A former senior trade official of the Caribbean Community (Caricom) is giving the region low marks for implementing the Economic Partnership Agreement (EPA) with the European Union (EU).

Read more...

Suriname receives first batch of PetroCaribe fuel

winston lackin2PARAMARIBO–Suriname has received its first shipment of oil under the PetroCaribe oil deal Suriname signed with Venezuela in March last year. The first 40,000 barrels of oil arrived in Paramaribo last Wednesday. Suriname has 60 days to pay part of the bill; the remaining 40 percent is due in 20 years.

Read more...

CARICOM finalizing youth entrepreneurship manual

CEBO_Workshop_021012_2Basseterre, St. Kitts, 16th February, 2012: The Youth Desk at the CARICOM Secretariat is close to finalizing a manual that will be used to equip young people throughout the Region with the knowledge, attitudes and skills to successfully run a business.

Read more...

TRADE- U.S., Canada, Mexico Get More Time to Appeal WTO Labeling Ruling

WTOJan. 5 (Bloomberg) -- The World Trade Organization gave the U.S., Canada and Mexico an extra two months to decide whether to appeal a November ruling that found American country-of-origin labeling provisions unfairly hurt agricultural commerce.

Read more...

OECS officials lament low inter-island trade

ST JOHN'S, Antigua– Trade between the Organisation of Eastern Caribbean States (OECS) states themselves is practically non-existent, with most sub-regional exports going to markets outside of the grouping. 

This was the stark situation painted by Virginia Paul, head of the OECS Trade Policy Desk based in Castries, St Lucia, as she spoke this on the Colin Sampson Show radio programme.



Read more...

CELAC -PM Douglas says St.Kitts/Nevis aware of its role and responsibilities

BASSETERRE, St. Kitts, 3rd December 2011 - St. Kitts and Nevis continues to play a significant role in the integration of the Organisation of Eastern Caribbean States (OECS) and the Caribbean Community (CARICOM) and views the regional integration process as the principal response to the myriad challenges of globalization as well as a means for articulating common positions in addressing a diverse and complex international agenda that evolves constantly.

Read more...

A Lower Dollar Would Ease the Pressure of the Unbalanced Trade Deficit

Washington, D.C.- A new report released today by the Center for Economic and Policy Research (CEPR) demonstrates that a reduction of the value of the dollar would not only correct the large trade deficit in the United States, but would also lead to a boom in the manufacturing sector, potentially creating millions of jobs.

Read more...

CARICOM ICT Officials move to fine-tune action plan for ICT strategy

Caricom5GEORGETOWN, Guyana - CARICOM Senior officials with responsibility for Information and Communication Technologies (ICTs) will meet in St George’s, Grenada, on Thursday and Friday (December 1-2) to put the finishing touches on the draft implementation plan for the Regional Digital Development Strategy (RDDS), for submission to the CARICOM Heads of Government,  and to develop the framework for a Regional Broadband Policy.

Read more...

Swiss banks to outline steps in US tax evasion row

Switzerland_banksGENEVA—Two Swiss banks will this week outline their response to growing pressure from the US to give up tax-evading American customers and the bankers who helped them. Julius Baer Group and Zuercher Kantonalbank are among at least 11 Swiss banks targeted by US authorities following a successful case against UBS AG that forced Switzerland’s biggest bank to hand over 4,450 clients’ files to Washington in 2010.

Read more...

JAMAICA LEG OF JAPAN/CARICOM ECONOMIC MISSION

The Japan delegation on its Jamaica-leg of the Japan/CARICOM Economic Mission, met with the Minister of Foreign Affairs & Foreign Trade,  Dr. Kenneth Baugh, this week at the Foreign Ministry’s Offices.

Read more...