The proposed consultancy will determine the feasibility and impact of CARICOM concluding partial scope or free trade agreements with the members of the CACM and with Panama, Argentina, Brazil, and Chile. The potential for an enhanced trade agreement with Colombia will be examined. Including Panama, the CACM encompasses a market of 31 million people with a combined gross domestic product (GDP) of over $92.8 billion, for an average per capita GDP of approximately $2,984. Collectively, Argentina, Brazil and Chile have a population of over 255 million people with a combined GDP exceeding $ 3500 billion.
In order to determine the feasibility and impact of negotiating trade agreements with the countries covered in the consultancy, including the assessment of the costs and benefits of enhanced trade relations through negotiated trade agreements it would be necessary to establish the baseline scenario against which the gains from a trade agreement could be measured. This requires key trade and statistical data to be collected from all the parties to a potential trade agreement. That data is then analysed and organised into useful information, which in turn would support technical advice for use by decision-makers. The proposed study is intended to provide CARICOM with an empirical/evidence based understanding of the costs and benefits of pursuing trade negotiations with the selected countries in central and south America.
Notice expires at 4:00pm on Monday July 11th, 2016