World Trade Organisation
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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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Lamy and CARICOM Trade Ministers Discuss Global Trade Round
LAMY AND CARICOM TRADE MINISTERS DISCUSS GLOBAL TRADE ROUND CHRIST CHURCH, BARBADOS – In remarks before a gathering of CARICOM Trade Ministers in Georgetown, Guyana today (May 13), former European Union Trade Commissioner Pascal Lamy took stock of priorities for the World Trade Organization (WTO) Doha Round. In an exchange of views, it was underscored that it is important the…
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Canadian Minister talks Trade in the Region
CHRIST CHURCH, BARBADOS – Minister Pierre Pettigrew, the Canadian Minister of International Trade, met his CARICOM counterparts in Port of Spain, Trinidad and Tobago on March 10. The meeting was co-Chaired by Trinidad and Tobago’s Minister of Trade and Industry Hon. Kenneth Valley. The meeting provided an opportunity for both sides to assess progress made in beleaguered global trade talks…
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Chile rallies behind Port-of-Spain, front-runner in Secretariat race
CHILE RALLIES BEHIND PORT-OF-SPAIN, FRONT-RUNNER IN SECRETARIAT RACE CHRIST CHURCH, BARBADOS – Port-of-Spain has formally secured the backing of Chile, in connection with CARICOM’s bid for the Permanent Secretariat of the Free Trade Area of the Americas (FTAA). Chile is the latest country to signal its endorsement of Port-of-Spain. Recently, Port-of-Spain received the backing of Peru. “These developments are a…
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CARICOM Special Session on Services Convened
A Special Session of the ‘CARICOM Working Group on Services Negotiations’ was convened in Barbados, November 16 to 18. Mr. Ramesh Chaitoo, Caribbean Regional Negotiating Machinery (RNM) Services Trade Specialist, characterized the Special Session as an “important opportunity to assess the status of the region’s preparations for World Trade Organization (WTO) services offers, and discuss crucial next steps in this…
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Government Procurement Takes Center Stage
CHRIST CHURCH, BARBADOS – A joint WTO/IDB-INTAL 'Regional Workshop on Government Procurement for Caribbean Countries' was held in Trinidad and Tobago, October 18 to 20. The workshop was opened by Hon. Conrad Enhill, Minister of State in the Ministry of Finance, Government of the Republic of Trinidad & Tobago. Mr. William Robinson, Inter-American Development Bank (IDB) Representative in Trinidad &…
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