World Trade Organisation
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WTO Rules Against Banana Tariff, Europe Must Negotiate Fair Resolution
CHRIST CHURCH, BARBADOS – A ruling handed down by World Trade Organization (WTO) Arbitrators October 27 on the proposed European Union banana tariff has met with deep shock and disappointment across the Caribbean. The Arbitrators ruled that the proposal would not maintain market access for third country or most favoured nation (MFN) suppliers. The Arbitrators’ ruling determined that “the European…
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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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EPA Chief Negotiators’ Discussions A Success
CHRIST CHURCH, BARBADOS – Chief Negotiators from the six Africa, Caribbean and Pacific (ACP) regions negotiating an Economic Partnership Agreement (EPA) with the European Union met in London, October 4 to 5. The objectives of the co-ordinating meeting were to take stock of and review ongoing negotiations in the respective regions engaged in EPA talks. It was also aimed at…
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Joint CARIFORUM-EU Press Release
CARIFORUM-EU LAUNCH CRUCIAL PHASE OF TRADE AND DEVELOPMENT TALKS The third phase of negotiations for an Economic Partnership Agreement (EPA) between CARIFORUM countries and the European Union was launched today in Saint Lucia. CARIFORUM Trade Ministers and European Trade Commissioner Peter Mandelson met on the occasion of the Second CARIFORUM-EC Ministerial EPA Meeting. They adopted the Joint Report on negotiations…
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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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