CARICOM
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On Eve of WTO Ministerial, Caribbean cautions against further Slippage on ‘Development Issues’
The Word Trade Organization’s (WTO) biennial Ministerial Conference gets underway this week in Hong Kong. With the six-day Sixth WTO Ministerial poised to start tomorrow, there have been a series of setbacks in global trade talks, that in large measure have been brought on by an unwillingness on the part of certain countries to yield concessions in respect of liberalizing…
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Caribbean Trade Ministers Plan For WTO Ministerial
CHRIST CHURCH, BARBADOS – Caribbean Trade Ministers meeting in Barbados yesterday (November 19), in preparation for the Sixth World Trade Organization (WTO) Ministerial Conference, which will take place in Hong Kong December 13 to 18, emphasized that unless development issues are given prominence in the negotiating agenda, the Ministerial is not likely to end in agreement. This is fundamental for…
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The WTO must do more for its Smallest, most Vulnerable Members
CHRIST CHURCH, BARBADOS – The Chairperson of the Sixth WTO Ministerial Conference is set to make his rounds through the Caribbean this week. He visits the Region at a time of mounting uncertainty amongst the smallest and most vulnerable Caribbean Members of the WTO over the benefits to be derived from being a part of the WTO system, in light…
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Chairperson Of WTO Ministerial To Meet With Key Caribbean Trade Ministers
CHRIST CHURCH, BARBADOS – Secretary for Commerce, Industry and Technology of Hong Kong, China Mr. John Tsang will be in the Caribbean during the first week of November. Secretary Tsang is expected to visit Barbados, Guyana and Jamaica, in his capacity as Chairperson of the Sixth World Trade Organization (WTO) Ministerial Conference, to be held in Hong Kong from December…
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CARIFORUM And EC To Consider Next Phase Of Negotiations
CHRIST CHURCH, BARBADOS – CARIFORUM[1] Trade Ministers and EC officials will meet in Saint Lucia at the end of the month, to review progress in Phase II of Economic Partnership Agreement (EPA) negotiations, provide political instructions on the future orientation of those negotiations and consider issues germane to Phase III. In this regard, the Second CARIFORUM-EC Ministerial Meeting will be…
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WTO Banana Ruling Devastating Blow To Vulnerable Caribbean Economies
WTO BANANA RULING DEVASTATING BLOW TO VULNERABLE CARIBBEAN ECONOMIES Region’s Banana-Producing Countries Risk being Squeezed out of Market CHRIST CHURCH, BARBADOS – Caribbean banana exporting countries have reacted with alarm to a ruling handed down Monday (August 1) by World Trade Organization (WTO) Arbitrators’ against the EC proposed tariff of €230 per tonne on third country banana imports under its…
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New Global Realities Demand New CARICOM Trade Policy
NEW GLOBAL REALITIES DEMAND NEW CARICOM TRADE POLICY GROS-ISLET, SAINT LUCIA – While Caribbean Community (CARICOM) Countries are committed to and are active participants in international trade negotiations, some uncertainty has emerged amongst Member States concerning the benefits to be derived and costs entailed. There is also mounting concern over the scope and pace of the adjustment process, which would…
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