Trade and Economic Issues

  • Photo of Statement by Chair of CARICOM to Mark CARICOM-Africa Day, 7 September 2022

    Statement by Chair of CARICOM to Mark CARICOM-Africa Day, 7 September 2022

    STATEMENT BY THE CHAIRMAN OF THE CONFERENCE OF HEADS OF STATE AND GOVERNMENT OF THE CARIBBEAN COMMUNITY (CARICOM), HIS EXCELLENCY CHANDRIKAPERSAD SANTOKHI, PRESIDENT OF THE REPUBLIC OF SURINAME, TO MARK CARICOM-AFRICA DAY, 7 SEPTEMBER 2022 It is my distinct honour in my capacity as Chairman of the Caribbean Community (CARICOM), to address the people and governments of CARICOM and Africa…

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  • Photo of Remarks by CARICOM Secretary-General at Opening, First AfriCaribbean Trade and Investment Forum, Barbados, 1 September 2022

    Remarks by CARICOM Secretary-General at Opening, First AfriCaribbean Trade and Investment Forum, Barbados, 1 September 2022

    The First CARICOM-Africa Summit held on 7 September 2021, opened a new chapter in the deep-rooted and strong relations between CARICOM and Africa.  It set in motion various initiatives to further deepen and strengthen relations between the African continent and the Community.  In particular, the Leaders underscored the need to foster increased trade, investment, air travel, and maritime shipping links,…

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  • Photo of Antigua registers 7% increase in tourist arrivals in July – CARICOM Business

    Antigua registers 7% increase in tourist arrivals in July – CARICOM Business

    Antigua and Barbuda has reported a 7% increase in tourist arrivals in July as the country continues to record a “steady rebound” in visitor arrivals in the wake of the coronavirus (COVID-19) pandemic that had forced the closure of borders. The Ministry of Tourism said during July, Antigua and Barbuda welcomed 24,673 visitors, an increase of 23,405 from the corresponding…

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  • Photo of Barbados Gov’t caps fuel prices – CARICOM Business

    Barbados Gov’t caps fuel prices – CARICOM Business

    Effective August 19, consumers in Barbados will be paying less for gasoline and diesel as Prime Minister Mia Mottley announced that the price of fuel at the pump will be capped for the next five months. Gasoline will cost BDS$4.48 (US$2.24) per litre, while diesel will be BDS$4.03 (US$2.01) until January 31, 2023. Mottley also said that the cap on…

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  • Photo of Remarks by Chairman of CARICOM, Opening, Agri Investment Forum and Expo II, Trinidad and Tobago, 19 August 2022

    Remarks by Chairman of CARICOM, Opening, Agri Investment Forum and Expo II, Trinidad and Tobago, 19 August 2022

    Prime Minister of Trinidad and Tobago:The Honourable Doctor Keith Rowley,Prime Minister of Barbados:The Honourable Mia Amor Mottley,President of the Co-operative Republic of Guyana: His Excellency Mohamed Irfaan Ali, Secretary General of the CARICOM Secretariat:Doctor Carla Barnett,Other Dignitaries,Members of the press,Ladies and Gentleman, Good day to you all! I am pleased, to join you, at this Agri-Investment Forum and Expo II…

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  • Photo of Remarks by CARICOM Secretary-General, Opening, Agri Investment Forum and Expo II, Trinidad and Tobago, 19 August 2022

    Remarks by CARICOM Secretary-General, Opening, Agri Investment Forum and Expo II, Trinidad and Tobago, 19 August 2022

    Dr. the Honourable Keith Rowley, Prime Minister of the Republic of Trinidad and Tobago; Your Excellency Chandrikapersad Santokhi, President of the Republic of Suriname and Chairman of the Conference of Heads of Government of the Caribbean Community; Other Heads of Government; Honourable Ministers; Head of Regional Institutions; International Development Partners; Members of the Diplomatic Corps; Young People of the Region;…

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  • Photo of 25% by 2025 Reduction in the Regional Food Bill

    25% by 2025 Reduction in the Regional Food Bill

    Heads of Government of CARICOM have committed to reducing the Region’s large food import bill by 25% by 2025. The implementation of the CARICOM Agri-Food Systems Strategy in the Member States, is expected to help achieve this target, by giving special attention to priority crops and products such as poultry, corn, soya, meat (Goat, Sheep, Beef), rice and niche vegetables…

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  • Photo of TT Central Bank authorises first company to issue e-money – CARICOM Business

    TT Central Bank authorises first company to issue e-money – CARICOM Business

    The Central Bank of Trinidad and Tobago has issued a provisional registration to PayWise Limited as an electronic money (e-money) issuer. The provisional registration authorises PayWise to issue e-money in Trinidad and Tobago from September 1, 2022, becoming the first entity, apart from banks and non-bank financial institutions, so authorised. PayWise will also be allowed to enlist new customers. PayWise…

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  • Photo of COTED endorses Made in CARICOM initiative

    COTED endorses Made in CARICOM initiative

    Trade ministers of the Caribbean Community (CARICOM) have unanimously endorsed a proposal to develop a ‘Made in CARICOM’ promotional initiative which will capitalise on one of the opportunities presented by the pandemic. The endorsement came at a Meeting of the Council for Trade and Economic Development (COTED) on the 26 and 27 November 2020, under the Chairmanship of the Hon.…

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  • Photo of Representatives of Border Agencies and Private Sector meet on WTO Trade Facilitation Agreement

    Representatives of Border Agencies and Private Sector meet on WTO Trade Facilitation Agreement

    Approximately 108 representatives of Border Agencies and the Private Sector from CARICOM WTO Members and Observer countries participated in a Regional Capacity Building Workshop on the WTO Agreement on Trade Facilitation, organized by the WTO and CARICOM Secretariats,  in Saint Lucia from 28 January to 1 February 2019.    The Workshop,  which focused on border agency co-ordination and co-operation, was…

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