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Bharath defends Jamaica’s Trade Minister

Vasant BharathT&T's Trade and Industry Minister Vasant Bharath has defended his Jamaican counterpart, AJ Nicholson, who has come under pressure to step aside amid the ongoing trade dispute between Jamaica and T&T.

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Caribbean must take advantage of trade opportunities - WTO

pascal-lamy-WTO-1PORT-AU-PRINCE, Haiti, Tuesday June 11, 2013 – Director General of the World Trade Organization (WTO) Pascal Lamy Tuesday urged developing countries to ensure they have the necessary trade capacity to take advantage of a changing global environment.

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Guyana’s Finance Minister urges CDB to scale up lending activity to member countries

Dr-ashni-SinghGeorgetown, May 26, 2013 - Guyana’s Finance Minister Dr. Ashni Singh has stressed the importance of the Caribbean Development Bank reversing recent downgrades to its credit rating, as he assumes the chair of the Board of Governors of the Bank over the next year.

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EU-CARIFORUM Economic Partnership Agreement (EPA) ratification slow

arthur-snellThe United Kingdom’s High Commissioner to TT, Arthur Snell, says lack of political enthusiasm is partly why many Caribbean countries have not yet ratified the EU-CARIFORUM Economic Partnership Agreement (EPA).

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Mexico says U.S. not respecting WTO ruling on meat labeling

meatMay 24, 2013

, MEXICO CITY - The United States is not respecting a World Trade Organization (WTO) ruling on meat labeling, Mexico's Agriculture Minister Enrique Martinez said this week, saying it was hurting local industry.


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Jamaica’s Opposition scolds Foreign Minister Nicholson for T&T Comments

ajnicholsonKINGSTON, Jamaica June 10, 2013 -Jamaica's Opposition spokesman on foreign affairs and foreign trade, Senator Christopher Tufton, says that Friday's outburst in the Senate by minister of foreign affairs and foreign trade, Senator AJ Nicholson, against critics of Jamaica's trade relationship with Trinidad and Tobago was "inappropriate and out of order".

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Early level promotion of creativity a necessity – COHSOD hears

colin grandersonGeorgetown, Guyana -   The Caribbean Community (CARICOM) has been challenged to begin fostering creativity and innovation from the earliest levels of education as a deliberate strategy for the sustainable development of the Region.

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Private sector fires back at Nicholson after 'trade bickering' comments

ChristopherZaccaCalls from Foreign Trade Minister A.J. Nicholson for the parliamentary Opposition and other critics to end the bickering with Trinidad and Tobago over claims of unfair trade practices have not gone down well with members of the local manufacturing sector.

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T&T - Ex-pilot joins CAL board

larry howai lgRetired BWIA pilot Cpt Azad Niamat will be the newest member of the Caribbean Airlines board of directors, Finance Minister Larry Howai said yesterday.

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US/Caribbean trade pact essential to regional growth

AnthonyEternonanNEW YORK, NY,  June 10, 2013: The United States – Caribbean Community Trade and Investment Framework Agreement, (TIFA), will be essential to spurring economic development and diversification of the region and to contributing to improvement in the well-being of citizens.

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Guyana examines proposed PetroCaribe Economic Zone

PM samuel HindsGuyana is examining a proposal by the Bolivarian Republic of Venezuela to set up a Petrocaribe Economic Zone (PEZ) which was proposed at the recently concluded Ministerial Meeting of PetroCaribe and the Summit of Heads.

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China President visits T&T – Kamla praises ties

Xi Jinping and First LadyPORT OF SPAIN, Trinidad, June 1, 2013 - Prime Minister Kamla Persad-Bissessar yesterday said Trinidad and Tobago was honoured to host President of China Xi Jinping, on his first visit to this region since being elected leader of the People’s Republic of China (PRC). 

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Trade dispute with Jamaica heats up- T&T groups deny unfair practices

BrianPengelleyPORT OF SPAIN, Trinidad May 18, 2013 - Local trade groups have denied that exporters from this country are engaging in unfair trading practices in Jamaica. 

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CAL fuel subsidy referred to CARICOM Heads meeting in July

liat-and-calKINGSTOWN, St. Vincent and the Grenadines, June 1, 2013 - The fuel subsidy granted by Trinidad and Tobago to Caribbean Airlines (CAL) which has occasioned complaints of it being anti-competitive, in violation of the CARICOM Multilateral Air Services Agreement and the Revised Treaty of Chaguaramas, was high on the agenda of a one-day Special Council for Trade and Economic Development (COTED) meeting on Transportation held in St. Vincent and the Grenadines on Wednesday.

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Foreign investment up in region - ECLAC

eclac May 15, 2013: In 2012 Latin America and the Caribbean received a record amount of foreign direct investment- US $173.361 million (6.7 percent more than in 2011).

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EPA Key to The Bahamas' Value Added Trade Strategy

L Ryan Pinder5Georgetown, Guyana -  Minister of Financial Services of The Bahamas Ryan Pinder, says his country is pursuing a value added trade strategy aimed at positioning the country as a hub in global value chains, in the first instance drawing on, thereby better integrating, production networks across regional states in order to source primary and intermediate inputs for further production and export.

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Exploring logistics hubs

WorkerCanalThe expansion the Panama Canal is expected to be completed by 2015. With this in mind, Caribbean islands, including Cuba, Dominican Republic and Jamaica, have been putting plans in place to expand wharves and port facilities, transforming them into key logistic hubs to take full advantage of their strategic location in the Caribbean basin.

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CARICOM-Germany cooperation places focus on climate change, renewable energy

caricom HQ-GTGeorgetown, Guyana – May 31, 2013- Climate Change, Renewable Energy and Energy Efficiency, and Natural Resources Management and Biodiversity will be the focus of Germany’s assistance to the Caribbean Community (CARICOM) for the programming period to 2018.

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St. Kitts and Nevis eyes Brazilian market to export selected products

st kitts-nevis flagbrazil flagBASSETERRE, St. Kitts, 14th May 2013– The Government of St. Kitts and Nevis said Tuesday that manufacturers operating businesses in St. Kitts and Nevis including several at the industrial sites will benefit from duty free quota access for a selected list of products exported to the Brazilian market when the Partial Scope Agreement signed with Brazil is fully implemented.

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France places Dominica on foreign aid blacklist

Flag Of DominicaDominica has been placed on a blacklist of 17 countries judged by France to be uncooperative in investigating foreign aid fraud.

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3rd Annual Caribbean Investment Forum (CIF) Launched

Carib invest -forum -2013Port of Spain, Trinidad, Tues. May 14, 2013: The 3rd annual Caribbean Investment Forum (CIF), an initiative of the Ministry of Trade, Industry and Investment (MTII) and presented by invesTT, was launched today at the Hyatt Regency Trinidad, Port of Spain.

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