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Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2,July-August, 2012 1
Caribbean Architecture Highlighted during International Architecture and Design Showcase
The architects participating in the
upcoming Caribbean Design Showcase included
Kevin Talma, Talma Mills Studio (Barbados
& Trinidad & Tobago), John Allsopp, Amonle
Studios (Barbados) and Bryan Bullen, Caribbean
Office of Co-operative Architecture (Grenada).
The photos used in the Heritage Photo Display
were provided from a variety of sources and
submitted by Sue Courtney, VIVIDARCH (Belize).
In this Issue
Three (3) regional architects showcased their talent during the Caribbean Design Showcase at the University of Westminster in London, UK during the Summer, 2012.
p 3
p 5
p 6
COMPETITIVENESS & INNOVaTIONBreak Point Firms Move to Next Round of Business Competition
TradE & ExPOrT dEVElOPMENTCaribbean Investment Week
TradE & ExPOrT dEVElOPMENTPromoting Greater Trade and Investment between CARIFORUM and the FCORs
Caribbean Soul Fusion to take Regional Talent to London
Caribbean Cuisine and Hospitality to be showcased during London Olympics
Six emerging artistes and two headline acts
will showcase regional talent during the
London 2012 Olympics as Caribbean Export
hosts Caribbean Soul Fusion on August 9,
2012 at Grosvenor House, London, UK.
This event, which forms a part of the
Agency’s London Engage initiative, will
highlight a wide range of Caribbean genres,
namely Reggae, Soca, Creole Music (Zouk and
Kompa), Caribbean Jazz, Folk and Afro-Haitian.
CARIFORUM food companies will have the
opportunity to showcase and market their
products to United Kingdom (UK) businesses as a
part of Caribbean Export Development Agency’s
(Caribbean Export) London Engage initiative.
These companies along with
two regional and two UK chefs will
participate in the Caribbean Cuisine and
Hospitality Suite being held at Grosvenor
House London, August 6 and 7, 2012.
Official E-Newsletter of the Caribbean Export Development Agency Vol. 5 No. 2 JUlY–AUGUST, 2012
The Showcase, which is a part of Caribbean
Export Development Agency’s (Caribbean
Export) London Engage initiative, featured
a 3D projection of regional architects
designs, as well as a wall to wall photo
display of traditional uses of indigenous
earth friendly building materials in home
construction; the showcase ran from June
28 - July 15, 2012.
The Caribbean Design Showcase was
supported by the European Union’s 10th
European Development Fund (EDF) Regional
Private Sector Development Programme
(RPSDP).
For additional information please contact
Mr. Sheldon Jackman, Advisor - Market
Intelligence at [email protected]
or telephone (246)-436-0578. (TW)
Kevin Talma, Talma Mills Studio (Barbados & Trinidad and Tobago)
John Allsopp, Amonle Studios (Barbados)
Bryan Bullen, Caribbean Office of Co-operative Architecture (Grenada)
Continued on page 2 Continued on page 2
2 Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2, July-August, 2012
Caribbean Cuisine and Hospitality to be showcased during London Olympics
The special hospitality bar and lounge
showcase will include special invitees and
key business executives to experience the
Continued from page 1
Continued from page 1
Caribbean Soul Fusion to take Regional Talent to London
“One of the best identifiers of the Caribbean
Brand and its uniqueness is our music. Its
ability to have global appeal is unquestionable.
What we are seeking to do with Caribbean
Soul Fusion, is to showcase that authentic
Caribbean culture and widen the market
appeal for our regional music”, commented
Pamela Coke Hamilton, Executive Director,
Caribbean Export. “As such, the artistes
preforming will represent the diverse nature
Michele Henderson Mr. DaleClaudia Edward
Christopher MartinMystic (Guyana) Auturo Tappin
of musical genres across the Caribbean. Not
only will the entertainment industry benefit
from the increased demand for the products
on offer, but also performers will have the
opportunity to display the export potential of
their craft and its appeal to an international
audience”, Coke Hamilton concluded.
The six emerging artistes scheduled to
perform are: Michele Henderson (Dominica),
BelO (Haiti), Mystic (Guyana), Claudia Edward
(St Lucia), Mr. Dale (Barbados) and Xiomara
Fortuna (Dominican Republic). Headline acts
for the Concert are reggae singer/songwriter
Christopher Martin (Jamaica) and jazz/reggae
saxophonist Arturo Tappin (Barbados).
Caribbean Soul Fusion will also serve
as the closing reception for the 2nd
CARIFORUM-EU Business Forum, which
is scheduled from August 8 - 9, 2012.
The CARIFORUM-EU Business Forum is
supported under the European Union’s
(EU) 10th European Development Fund
(EDF) Regional Private Sector Development
Programme (RPSDP), and in collaboration
with CARIFORUM Directorate, the CARICOM
Secretariat, and Deutsche Gesellschaft fur
Internationale Zusammenarbeit (GIZ).
For additional information about
Caribbean Soul Fusion please contact Mr.
Damien Sorhaindo, Advisor - Competitiveness
& Innovation at dsorhaindo@carib-export.
com and Mr. Zamani Moodie, Advisor - Market
Intelligence at [email protected],
or Tel: 246-436-0578.(TW)
taste of the Caribbean, enjoy the Olympic
games and discuss potential business
opportunities.
The companies participating include
Beverages Caribbean Inc. (BCI) (which
represents companies form Barbados,
Belize, Guyana and Trinidad and Tobago);
Bel-Mer Winery (Belize); Parry W. Bellot
& Co. Limited (Dominica); Caribbean Labs
(Dominican Republic); De La Grenade
Industries (Grenada); Bloxburgh Gourmet
Creations Jamaica Limited, Central Food
Packers Limited and Tijule Company Limited
(Jamaica); Baron Foods Limited (St. Lucia)
and Tobago Cocoa Estate W.I. Ltd and
Caribbean Agribusiness Export Company
Limited (Trinidad and Tobago).
The Chefs, Barrington Douglas (UK); Jacqui
Tyson-Niederhauser (Jamaica); Hasan Defour
(UK) and Omar A. Robertson (Barbados), will
prepare a special Caribbean inspired cuisine
using products, which are equipped to
make use of the CARIFORUM-EU Economic
Partnership Agreement (EPA) and have the
requisite requirements in place to enter the UK
and EU markets.
This initiative is supported under the
European Union’s (EU) 10th European
Development Fund (EDF) Regional Private
Sector Development Programme (RPSDP),
and in collaboration with CARIFORUM
Directorate, the CARICOM Secretariat, and
Deutsche Gesellschaft fur Internationale
Zusammenarbeit (GIZ).
For additional information about
Caribbean Cuisine and Hospitality Suite,
contact Sam Kruiner, skruiner@carib-export.
com and copied to Cora Lowe at clowe@
carib-export.com or Tel: (246) 436-0578.(TW)
Hasan DeFour and Omar Robertson are two of three regional Chefs who will be showcasing
their talent during the Caribbean Cuisine and Hospitality Showcase
Claudia Edward, Dale Rudder, Michele Henderson and Xiomara Fortuna and BelO, will perform as the region’s emerging artistes in London
Arturo Tappin and Chris Martin, Headliners at Caribbean Soul Fusion
Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2,July-August, 2012 3
Break Point Firms Move to Next Round of Business Competition
Following video pitches and three one-
day coaching sessions at the Cave Hill
School of Business (CHSB) in Barbados, the
participants completed the next phase of
the competition: Business Pitches.
This first round of face-to-face
pitches were held throughout the region
on the following dates Jamaica (June
7th), this group Jamaica included firms
from Bahamas, Belize, Jamaica, and the
Dominican Republic; St Lucia (June 11th)
with firms from the Organisation of Eastern
Caribbean States (OECS); and Barbados
(June 18th) including firms from Barbados
and Trinidad and Tobago.
The final 12 firms have now been
selected and will pitch their ideas to a panel
of UK venture capitalists, investors and
businesspersons on August 9, 2012 during
Caribbean Export’s London Engage.
Break Point is a Caribbean Export
business competition for the CARIFORUM
private sector, to encourage them to
take advantage of the CARIFORUM-EU
Economic Partnership Agreement (EPA). The
competition is open to CARIFORUM majority
owned or joint venture firms that intend
to use the EPA as a tool to immediately
target (i.e. within 6 months) the UK and EU
markets for exports. Priority areas include:
Agro-processing, Alternative Energy,
Creative Industries, Fashion/Garments,
Light Manufacturing, Professional Services,
and Specialised Tourism.
Break Point is supported by the UK
Department for International Development
(DFID) and the European Union’s 10th European
Development Fund (EDF) Regional Private
Sector Development Programme (RPSDP).
For additional information please
contact Mr. Damien Sorhaindo, Advisor
– Competitiveness and Innovation at
[email protected] or telephone
246-436-0578..(TW)
Tradewatch COMPETITIVENESS aNd INNOVaTION
With less than two months to go, thirty (30) CARIFORUM firms moved one step closer to a chance at final selection in the Caribbean Export Development Agency’s (Caribbean Export) regional business competition, Break Point.
Caribbean Export Supports Caribbean Fashion Week 2012
Caribbean Export continues to show support for the region’s creative industry through their involvement in Caribbean Fashion Week (CFW) 2012.
The Caribbean’s premier fashion and style event celebrated 12 years
this June and the Agency is excited to have supported the initiative
and by extension, the vibrant and growing Caribbean fashion industry.
Caribbean Export sponsored 11 designers from 9 CARIFORUM States
to participate in CFW, and these designers will also showcase their
work during the Agency’s London Engage initiative during the Summer
Olympics. These collections were filmed by Caribbean Export and from
this a video documentary will be produced and shown during the
London Engage Initiative.
Supermodel Sanyo Hughes in a Sonia Noel Design at CFW 2012
Top Model Kimanee Wilson in SGFH hot turquoise silk chiffon gown
Photo credit: Brittany Turnquest
Continued on page 3
Break Point Judges (l-r) Christopher Williams, Genevieve Jodhan, Joseph Matalon, and Kenneth Green. Missing is Dr. Basil Springer
4 Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2, July-August, 2012
Caribbean Export will also select three of the
participating designers to showcase pieces of
their collection in a live catwalk in London.
From June 7 - 11, 2012 CFW showcased
collections from designers representing
the various countries from across the
Caribbean region, in addition to top stylists
from Africa, Asia, Europe, and Latin and
North America.
“Caribbean Export views this event as
one that is in line with the Agency’s focus
on export development, marketing, and
capacity building, all of which are aimed
at increasing international awareness
and business generation for the region’s
fashion industry”, commented Pamela
Coke Hamilton, Executive Director. “CFW
is the seminal fashion, entertainment and
lifestyle event that has come to epitomize
the essence of Caribbean style. The Agency
therefore recognizes the importance of not
only this event, but also similar initiatives,
which seek to showcase and drive the
continued development and enhancements
of the regional creative industries”, Coke
Hamilton concluded.
Caribbean Fashion Week was supported
under the European Union’s (EU) 10th European
Development Fund (EDF) Regional Private
Sector Development Programme (RPSDP). The
feedback received from the spectators and
participating designers was very positive and
engaging. Sonia Noel, a designer from Guyana
stated, “I am grateful to Caribbean Export
for giving me this opportunity to showcase
at CFW. I am very happy with the reviews
my collection is receiving, and this is what
energises me and reignites my passion for the
fashion industry.”
For additional information about
Caribbean Fashion Week and the upcoming
Fashion Showcase in London, please
contact Mr. Christopher McNair, Manager -
Competitiveness and Innovation at cmcnair@
carib-export.com and copied to Mr. Leonel
Naut, Advisor - Competitiveness and
Innovation at [email protected].(TW)
Caribbean Export Supports Caribbean Fashion Week 2012
Tradewatch COMPETITIVENESS aNd INNOVaTION
Continued from page 3
Caribbean Export participates in 13th Virtual Educa Symposium
From June 19 - 22, 2012, Caribbean Export participated in the Virtual Educa Symposium in Panama. Virtual Educa Panama 2012 is the 13th edition of the Virtual Educa International Symposium, which is a Conference, Multilateral Forum, and Exhibition on “Education, Innovation, and Information Communication Technologies (ICT)”, hosted at the ATLAPA Convention Center in Panama City, Panama.
The Symposium was made up of three elements:
Conference and Multilateral ForumEducators and experts from 25 countries provided
a “state-of-the-art” unique perspective at the
Conference. The Multilateral Forum brought
together decision makers, representatives from
international organisations, higher education
institutions, corporate experts and other
relevant stakeholders, to analyse policies and
provided recommendations on how decisions in
those fields may be carried out.
Exhibition “Education, Innovation, and ICT”The Exhibition is an excellent space for
companies specialising in Education,
Innovation, and ICT to showcase their
products and services, as well as to develop
networks and create business opportunities.
The exhibition is a must to adapt the Education
systems, Higher Education institutions and
Human Resources training programmes to
the 21st century “Knowledge Society” in Latin
America and the Caribbean, one of the fastest
growing regions in the world.
Caribbean Initiatives in Education:Presenters under this theme included:
Fanisha Salamat, Coordinator & Virtual
Educa Caribbean Director [Suriname]
Damien Sorhaindo, Caribbean Export
Development Agency [Barbados]
Koen DePryck, School 21st Century, Centre
for Adult Education Antwerp [Bélgica]
Caroline Rahan-Chin, Anton de Kom
Universiteit van Suriname [Suriname]
Riyad Insanally, OAS Office Director
[Trinidad & Tobago]
Mary Markowsky, President, E.T. C.
International [United States of America]
Mr. Sorhaindo presentation focused on how
Caribbean Export could provide technical and
financial support, under the Agency’s Direct
Assistance Grant Scheme, to Private Sector
firms and Business Support Organisations
who are involved in ICT in Education initiatives
from a business perspective. In addition, he
highlighted the support provided to six (6)
such firms from CARIFORUM at the 1st ever
Virtual Educa Caribbean staged in Suriname
from February 29th to March 2nd, 2012.(TW)
Damien Sorhaindo, Advisor Competitiveness and Innovation Conference Participants during the Virtual Educa Symposium in Suriname
Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2,July-August, 2012 5
Tradewatch TradE aNd ExPOrT dEVElOPMENT
CARIFORUM Manufacturing and Cultural Industry Firms Participate in Study Tour
Forty-four (44) manufacturing and cultural industry firms from across
CARIFORUM recently participated in two European Study Tours organised
by Caribbean Export and ACP Business Climate (BizClim) from June 20 -
July 11, 2012.
The Study Tours are a precursor to the 2nd CARIFORUM-EU
Business Forum scheduled to take place in London on August 8 and
9, 2012 during Caribbean Export’s London Engage initiative. The
firms toured Manchester (UK), Hamburg/Berlin (Germany) and Paris
(France), with the aim to form strategic business alliances with their
European counterparts.
“The manufacturing sector plays a critical role in strengthening the
region’s capacity to be competitive in all sectors”, commented Pamela
Coke Hamilton, Executive Director, Caribbean Export. “As such, it is
paramount that we find new and innovative ways to establish mutually
beneficial European trade relationships, while taking advantage of the
opportunities presented by the CARIFORUM-EU Economic Partnership
Agreement. It is with this view that we embarked on this study tour to
Europe”, Coke Hamilton concluded.
“The cultural industries sector has the potential to deliver
significant benefits to the region through innovation and knowledge
creation, as well as contribute to economic growth in the Caribbean,”
remarked Carlos Wharton, Senior Trade Policy Advisor, Caribbean
Export. “As such the objective of this Tour is to foster dialogue between
European and CARIFORUM business leaders with the view to enhance
the region’s investment potential”, Wharton concluded.
The Study Tours and the 2nd CARIFORUM-EU Business Forum
are supported by ACP BizClim Programme Management Unit and the
European Union.
For additional information about Study Tour and the Business
Forum please contact Mr. Carlos Wharton, Senior Trade Policy Advisor at
[email protected] and copied to Ms. Gayle Gollop, Advisor -
Trade Advocacy at [email protected] or Tel: 246-436-0578.(TW)
Caribbean Investment Week
From May 14 – 19, 2012, Caribbean Export participated in Caribbean Investment Week 2012. Caribbean Investment Week 2012 is a culmination of the Caribbean Investment Forum (CIF) and the Trade and Investment Convention (TIC). Above is a photomontage of both events, which were held in Trinidad and Tobago.(TW)
Business Roundtable meeting at the German Chamber of Commerce organised by the Latin America Business Association (LAV)
(l) Mr Chris Persaud from Baron Foods and Mr. Sebastien Wenderdel of KHS Coroplast Gmbh
(r) Mr Luc Biermé, Show Manager, and Christelle le Moing, Sales Executive, Who’s Next (Fashion Show), Paris speaking with Study Tour participants
6 Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2, July-August, 2012
Promoting Greater Trade and Investment between CARIFORUM
and the FCORsBy Carlos Wharton
Senior Trade Policy Advisor
Tradewatch TradE aNd
ExPOrT dEVElOPMENT
Caribbean Export Develeopment Agency
was established by an Inter-Governmental
Agreement, signed by the 15 CARIFORUM
States and is responsible for promoting regional
trade and investment. The Agency was formally
established on January 01, 1996 with offices
in Barbados and the Dominican Republic.
Over the past seven years, Caribbean Export
has played an instrumental role in enhancing
cooperation between the CARIFORUM Private
Sector and their counterparts in the FCORs
(French Guiana, Martinique, Guadeloupe, St
Bartholomew, and St Maarten). The Agency’s
role in such cooperation is in line with the
CARIFORUM policy that seeks to actively
and continuously widen and deepen its
cooperation with the FCORs.
This article will examine the importance of
deepening cooperation between CARIFORUM
States and the (French Caribbean Outermost
Regions) FCORs, as well as highlight some
of the activities carried out by Caribbean
Export to achieve this objective. It is also
set against certain developments whereby
the FCORs have (in the past and) in recent
times, signalled their intention to establish
formal observer/associate membership status
within the Organisation of Eastern Caribbean
States (OECS) (and CARIFORUM) grouping.
The CARIFORUM-EU Economic Partnership
Agreement (EPA) and the Caribbean Regional
Indicative Programme/Regional Strategy
Paper between CARIFORUM States and the
European Union (EU) also prioritise greater
cooperation between CARIFORUM States
and the neighbouring French Caribbean
Regions. On the French Caribbean/European
side there have been many attempts to
facilitate continuous dialogue and action
on economic and social issues - notably
through CARIFORUM and OECS participation
in INTERREG-Caribbean Space Programme
2007-2013, the establishment of bilateral
Memoranda of Understanding with some
CARIFORUM States that promote cooperation
in social and economic issues, and the
establishment and operation of joint Task
Forces in agreed areas.
Enhancing Cooperation with the FCORs
on matters pertaining to social and private
sector development is important at this time
because they share the same geographic
space with most CARIFORUM member States,
and as such are exposed to similar resource
constraints and environmental vulnerabilities.
Additionally, the FCORs and CARIFORUM
States share similar history and values that
bind them culturally. With the signature of
the CARIFORUM-EU EPA, there are numerous
opportunities for growth and partnership in
trade and investment related issues between
CARIFORUM States and the FCORs and as
such, Caribbean Export’s role is to facilitate
these opportunities where possible.
Trade relations between CARIFORUM
States and the FCORs were governed by
the LOMÉ and the Cotonou Conventions
from 1975 to 2007. The current trade and
investment relationship is now governed
by the CARIFORUM-EU EPA. As the French
Caribbean Regions are regions of France
and by extension the EU, they were in the
past, granted preferential duty-free quota
free access to most goods originating from
CARIFORUM States. Under the CARIFORUM-
EU EPA however, the French Caribbean will
over time, have improved market access for
trade in goods. Additionally commitments
on services, investment, innovation and
intellectual property within the EPA, provide
new opportunities for an increase in trade and
investment between these regional trading
partners. The EPA also seeks to promote
enhanced cooperation between CARIFORUM
States and the FCORs in all areas covered by the
EPA as well as areas relating to enhancing social
links, investment promotion, transportation
and communication. It also promotes joint
programmes between CARIFORUM States
and the FCORs though the EU’s framework
programmes that, inter alia, seeks to foster
improved innovation and scientific knowledge.
It is important to note that most
CARIFORUM States enjoy a trade in goods
surplus with the FCORs. In 2008, the value
of CARIFORUM exports to the FCORs totalled
US$ 238,145,616 whereas the FCORs
exported US$ 16 218 092 to the CARIFORUM.
Carlos Wharton, Senior Trade Policy Advisor
Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2,July-August, 2012 7
Trinidad & Tobago is the leading exporting
CARIFORUM country and key CARIFORUM
exports to the FCORs include: mineral
products such as gasoline, gas oil, aviation
fuel, pebbles and gravel, foodstuffs and
vegetable products such as: bread and pastry,
biscuits, aerated beverages, pepper sauces,
jams, jellies, pastes, beer and other fermented
beverages, ground provisions, herbs, flowers,
spices, rice, tea, coconuts, vegetable fats &
oils, conch, lobster and shrimp. It is important
to note that CARIFORUM States and the
FCORs have similar production structures
and product mix. Therefore CARIFORUM
States have enjoyed and continue to enjoy
a preferential relationship in a number of
products that are also produced in FCORs
and this in part accounts for the trade
balance in favour of CARIFORUM States (both
individually and collectively).
Requirements and Norms
– Language
– Visa Requirements
– Lack of on the ground representation in
the FCOR to facilitate CARIFORUM Firms
– No Mutual Recognition Agreements
(MRAs) and Co-production Agreements
exists
– Limited Bilateral Investment Instruments
(Double Taxation Treaties, Investment
Promotion and Protection Treaties etc)
These challenges notwithstanding, there are
a number of advantages and opportunities
that exist for the private sector through joint
cooperation between CARIFORUM States
and the FCORs. It is widely believed that
FCOR service suppliers can provide solutions
to assist CARIFORUM producers in meeting
export requirements in the EU. Additionally,
there is significant opportunity for increased
services exports from the CARIFORUM States
to the FCORs (particularly in professional,
cultural-related, education, management
consulting, energy and travel related). As
such many of Caribbean Export’s activities in
the FCOR market have focused on promoting
trade and development cooperation in some
of these services sectors.
Caribbean Export is working closely
with numerous institutions in the
FCORs – including the Regional Councils
Guadeloupe, Martinique and French Guiana,
Chambers of Commerce of Martinique
and Guadeloupe, INTERREG Technical
Secretariat, Manufacturing Association
in Martinique (AMPI), Institute for French
Caribbean Cooperation (Guadeloupe),
Centre D’echanges Informatisés Branche
Antilles (Guadeloupe). Caribbean Export has
partnered on numerous activities aimed at:
improving the Agency’s understanding of
the FCOR Markets; developing meaningful
programmes that expose CARIFORUM
firms to the FCOR Market and improving
the level of trade and market information
sharing between Caribbean Export and key
institutions in the FCORs.
The Agency has been able to carry
out cooperation activities that have been
co-financed by INTERREG IV Caraibes, a
European Regional Development Fund Facility
that is designed to promote cooperation
between the EU Outermost Regions and its
neighbours. Currently Caribbean Export is
jointly implementing a programme entitled
INVEST KARAIBE that focuses on information
Successfully exporting to the FCORs is
considered an important test for many
CARIFORUM firms who are seeking to
penetrate the wider European market. By
virtue of their geographical proximity and
market structure, the FCORs provide the
necessary stepping-stone for exporting firms
that are more comfortable trading within
the Region but have not yet taken the step
to export to the EU Mainland. Throughout
our consultations with the private sector
over the past three years, a number of issues
however continue to limit the level of trade
and investment between CARIFORUM States
and the FCORs these include:
– Other Duties and Charges
– Technical Barriers to Trade (Technical
Requirements, Packaging, Labeling, SPS etc)
– Cargo Security Requirements (ICS)
– Limited Knowledge of the Market
The table below provides a brief outlook at the value of CARIFORUM Exports to the FCORs between the period 2006-2008.
Value of CARIFORUM Exports to the FCORs between the period 2006-2008
Country 2006 2007 2008 TOTAL AVERAGE
Antigua & Barbuda 0 176,100 - 176100 88,050
Bahamas 39,196 27,754 7,330,264 7397214 2,465,738
Barbados 945,900 910,629 1,175,786 3032315 1,010,772
Belize 105,155 0 - 105155 52,578
Dominica 3,381,513 3,598,836 5,271,900 12252249 4,084,083
Dominica Republic 4,740,767 10,322,596 7,330,263 22,393,626 7,464,542
Grenada 562 0 791,540 792102 264,034
Guyana 1,751,351 1,733,897 2,058,972 5544220 1,848,073
Haiti 251,294 237,130 236,334 724758 241,586
Jamaica 4,504,578 3,183,448 3,920,432 11608458 3,869,486
St. Kitts -Nevis 138,741 291,977 281,950 712668 237,556
St. Lucia 817,934 409,248 647,847 1875029 625,010
St. Vincent & the Grenadines 63,235 27,801 7,450 98486 32,829
Suriname 617,870 2,612,407 3,206,072 6436349 2,145,450
Trinidad & Tobago 321,850,117 107,603,604 205,886,806 635340526.9 211,780,176
TOTAL 339,208,213 131,135,427 238,145,616 708,489,256 236,163,085
8 Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2, July-August, 2012
sharing, market research, trade promotion
and joint public relations. Some of the
main activities carried our thus far include a
Seminar on the CARIFORUM-EU EPA and Joint
CARIFORUM-Martinique participation at the
Work Music Expo 2011, Denmark. Caribbean
Export is also engaged in discussions with
the Regional Council of Guadeloupe on
the development of a programme aimed at
providing technical and capacity building
assistance to firms interested in doing
business between CARIFORUM and the FCOR.
Caribbean Export also has the
responsibility for convening and chairing
the CARIFORUM/FCOR/OCT Task Force
on Trade and Investment. In 2005 at the
Clovis Beauregard Seminar, Martinique, it
was agreed that four Task Forces were to
be set up to promote cooperation between
CARIFORUM and the FCORs/OCTs. These Task
Forces focus on the following:
• TradeandInvestment(CaribbeanExport
Chairs)
• Inter-Connection(Transportation,
Communications)
• Naturaldisasters
• HIV/AIDS
To date, Caribbean Export has convened six
meetings of the Task Force, where discussions
have ranged from implementing the
CARIFORUM-EU EPA to the development of
cooperation programmes aimed at improving
trade and investment. The Task Force is an
important vehicle to ventilate issues that
affect trade and investment CARIFORUM
States and the FCORs. Additionally it provides
an opportunity for information sharing
and to discuss the status of development
cooperation projects between the institutions
represented at the Task Force.
Under its 9th European Development
Fund (EDF) Caribbean Trade and Private Sector
Development Programme CTPSDP (2008-
2010), Caribbean Export engaged in a number
of activities with the FCOR. These included the:
– Hosting of the CARIFORUM/FCORs/OCTs
Task Force on Trade & Investment;
– Preparation of studies on doing business
between CARIFORUM States and the
FCORs and OCTs;
– Co-hosting of seminars related to the
Economic Partnership Agreement and
priority sectors;
– Preparation of Fiche and implementation
of Joint INTERREG supported programmes;
and
– Provision of direct and technical
assistance to CARIFORUM Firms and BSOs
that were interested in doing business in
the FCORs/OCTs Markets.
Under the 10th EDF Regional Private Sector
Development Programme (RPSDP), Caribbean
Export has a mandate to promote stronger
trade and investment relations between
CARIFORUM, FCOR and EU OCTs. The main
components of this programme address the
following objectives:
• Increasingknowledgeofrespectivetrade
and investment laws and regulations;
• Identifyingandexploitingexport
opportunities among CARIFORUM/FCORS/
OCTs; and
• ContinuingtheoperationsoftheJoint
CARIFORUM/FCORS/OCTs Task Force on
Trade and Investment
Some of the activities envisaged over the next
year include joint participation in international
trade fairs, participation in Caribbean Export
activities on the CARIFORUM-EU EPA, the
development of relevant market intelligence,
technical and capacity building for CARIFORUM
Firms seeking to do business in the FCORs,
hosting of the CARIFORUM/FCOR/OCT Task
Force in Trade and Investment as well as the
development and/or finalisation of technical
cooperation agreements with Guadeloupe
and French Guiana. Caribbean Export remains
committed to assisting CARIFORUM Firms
export their goods and services to the FCORs
and will also act as an information-sharing
conduit for FCOR Firms seeking to do business
in CARIFORUM States.(TW)
Management Consultants meet in Jamaica for 4th Annual Business SymposiumCaribbean Export hosted the 4th Annual Management Consulting Business Symposium in Montego Bay, Jamaica from Tuesday June 19 - Thursday June 21, 2012.
The objectives of the Symposium were
to provide a forum that seeks to achieve
increased levels of penetration in EU
markets by CARIFORUM firms, through
a business-to-business (B2B) interface
between EU and CARIFORUM management
consulting firms, as well as training to
enhance the competitiveness of CARIFORUM
management consultants.
The event also examined requirements
and strategies for making effective use of
the CARIFORUM-EU Economic Partnership
Agreement (EPA), and promote cooperation
and partnerships between CARIFORUM
firms/practitioners and their counterparts
of the wider Caribbean.
“Caribbean Export’s support of this
Symposium continues to demonstrate the
Agency’s commitment to the development
of the regional management consulting
sector. This year’s event will see participation
from regional and international experts
examining the continued expansion of this
area”, commented Mr. Anthony Bradshaw,
Chief Operating Officer.
The 4th Annual Management Consulting
Business Symposium is supported under
the European Union’s (EU) 10th European
Development Fund (EDF) Regional
Private Sector Development Programme
(RPSDP), by the Deutsche Gesellschaft
fur Internationale Zusammenarbeit (GIZ)
and the Caribbean Institute of Certified
Management Consultants (CICMC).
For further information about the 4th
Annual Management Consulting Business
Symposium, please contact Mr. Markson
Gill, Operations Officer at mgill@carib-
export.com and copied to Mr. Zamani
Moodie, Advisor - Market Intelligence at
[email protected] or Tel: 246-
436-0578. (TW)
Tradewatch TradE aNd ExPOrT dEVElOPMENT
Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2,July-August, 2012 9
Tradewatch INVESTMENT PrOMOTION
CAIPA Hosts Regional Investment Promotion Steering Committee and Board Planning MeetingThe inaugural meeting of the Regional Investment Promotion
Steering Committee (RIPSC) was planned and executed from June
12-13, 2012 in Guyana with a view to increasing collaboration and
cooperation among regional entities involved in the promotion
of investments, for the realisation of a comprehensive regional
investment promotion strategy and implementation roadmap for
the region as a whole. It was also intended that the Committee
would select a Chair and Deputy Chair and that the near-term
activities for the RIPSC would be defined at this meeting. The stated
objectives were realised with the Chairman elected being Professor
Alvin Wint, Pro Vice Chancellor of the University of the West Indies,
and the Deputy Chair being Ms. Sonia Roden, General Manager of
the Grenada Industrial Development Corporation and representing
the 2nd Vice President of Caribbean Association of Investment
Promotion Agencies (CAIPA). The Committee has committed
to the development and initial implementation of the regional
investment promotion strategy and implementation roadmap, an
incentives study and a regional investor perceptions study, as its
main priorities.
As the Secretariat for CAIPA, two strategic planning meetings
of the Board are scheduled for implementation each year, to assist
the nascent Association develop its work plan and to provide some
guidance to its operations. The first of the two meetings for the
year was held in Curacao from June 15-16, 2012. The aim was to:
review activities implemented during the period December 2011-
June 2012 under the 10th EDF; review activities to be implemented
for the remainder of the year (2012); plan activities for 2013; and
discuss and agree on CAIPA operational matters. These objectives
were achieved with the next scheduled meeting planned for
December 2012, at the time of the CAIPA General Assembly. (TW)
The series began with a training session on May 9 and 10, 2012 at the
Pegasus Hotel, Georgetown Guyana. This was followed by workshops
in St Vincent and the Grenadines (May 21 - 25), Barbados (May 29) and
Tobago (May 31).
The main objectives of the sessions and workshops was to increase
the awareness of the Direct Assistance Grants Scheme (DAGS) among
the regional private sector to increase competitiveness, as well as
deliver hands-on assistance to Business Support Organisations (BSOs)
as they facilitate the application process across the various sectors.
“Caribbean Export is pleased with the turn out at these sessions,
this continues to confirm the level of interest that the private sector
has not only in the growth and development of regional companies,
but also in regional trade initiatives”, commented Kirk Brown, Senior
Grant Advisor. “Through the DAGS, firms can make improvements in
areas of marketing, equipment upgrade, personnel training, standards,
and intellectual property among others” Brown concluded.
The DAGS is funded by the European Union’s 10th European
Development Fund (EDF) Regional Private Sector Development
Programme (RPSDP). (TW)
Tradewatch dIrECT aSSISTaNCE graNTS SChEME
Regional Private Sector benefits from Grant Writing Training Sessions
Kirk Brown, Senior Grant Advisor
Caribbean Export recently hosted a series of Grant Writing Training Sessions and Workshops in the lead up to the Call for Proposals, which was published on June 6, 2012.
10 Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2, July-August, 2012
Tradewatch uPCOMINg EVENTS
Tradewatch CarIbbEaN ExPOrT aNNOuNCEMENTS
Relocation NoticeCaribbean Export wishes to advise the public that effective July 1, 2012 our office at Hastings and Weymouth have been relocated to the 1st Floor Baobab Towers, Warrens, St Michael.
Our telephone and facsimile contact numbers remain the same. For additional information please feel free to contact us at [email protected].
New Staff AnnouncementsThe following persons were inadvertently omitted from the previous edition. Apologies
for any inconvenience caused:
Ms. Asha Prescod - Programme Assistant
Ms. Shernelle Worrell - Financial Assistant
Mr. Leonel Naut - Advisor, Competitiveness and Innovation
Ms. Suzette Hudson - Senior IPA Advisor
Caribbean Export Appoints New Senior Financial Advisor
Financial management and accounting professional Mr. Jenning Mc Comie, a national of Trinidad & Tobago, possesses 15 years solid, diverse experience in public and private sector projects. Apart from his ACCA Level II accreditation, he
holds an MBA with specialisation in Strategic
Planning and has worked nationally and
regionally on activities spanning 18 countries.
In addition to his core competency in
accounting, Mr. Mc Comie also has experience
in ICTs and their applications in business,
process and workflow re-engineering as
well as employee incentive and development
interventions.
Mr Mc Comie has extensive experience
in the financial administration of regional
development projects and programmes. He
has collaborated with the European Union
(EU), the Caribbean Development Bank (CDB),
the Canadian International Development
Agency (CIDA), United States Agency for
International Development (USAID) and Inter
American Development Bank (IDB) overseeing
fiduciary activities and ensuring adherence
to donor guidelines and maintenance of the
projects’ financial integrity.
He transitions to the Caribbean Export
from the Caribbean Disaster Emergency
Management Agency (CDEMA) where he
served as the Accounting Officer for the
Institutional Support and Capacity Building
(EDF) Project. While at CDEMA he also
supported the activities of the Regional
Monitoring & Evaluation System for Disaster
Risk Management Project, the Climate
Change Adaptation in the Caribbean Tourism
Sector Project Phase II and Tsunami and
Coastal Hazards Early Warning Systems
Project as well as the Comprehensive Disaster
Management Harmonisation Implementation
Programme. (TW)
Jenning Mc Comie, Senior Financial Advisor
July
CARIFORUM-EU Study Tours (con’t from June 20) France, Germany, UK | July 1 - 11
Caribbean Design Showcase (con’t from June 28)
London | July 1 - 15
Small Business Development Centre Certificate Training Belize | July 5 - 6
Sub-Committee Meeting - Financial Services Conference Barbados | July 10
Private Sector Consultation - Architects
St Lucia | July 12-13
Assertive Communication Workshop Barbados | July 16
Continued on page 11
Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2,July-August, 2012 11
September
Expo-Cibao Dominican Republic | September 10 - 16
XVII WAIPA Annual Investment Conference Dubai, UAE | September 17 - 18
Performance Management Training (Managers) Barbados | September 24-25
CCJ/CALCA Seminar on WTO/EPA/CSME Law and PracticeTrinidad & Tobago | September 24-28
ITC/Caribbean Export Trade Information Training Workshop Trinidad & Tobago | September 24-28
Performance Management Training (Staff)Barbados | September 27-28
Grant Proposal Writing WorkshopHaiti | TBD
Tradewatch uPCOMINg EVENTS
August
Soft Launch of African Caribbean Business Experience London | August 4
Essence/Fashion Event London | August 4
Official Opening of African Caribbean Business Experience London | August 5
Caribbean Cuisine and Hospitality Suite London | August 6 - 10
2nd CARIFORUM-EU Business Forum/Investment Forum London | August 8 - 9
Break Point London | August 9
Caribbean Soul Fusion London | August 9
Grant Proposal Writing Workshop Grenada | August 22 - 23
Webinar for Entry-level Investment Promotion Professionals On-line | TBD
Grant Proposal Workshop & Sensitizing Financial Institutions Antigua & Barbuda | August 29 - 30
Caribbean Export Partners with ITC on Two Regional Training ProgrammesWork has begun on the coordination of the Regional Trade Information Training Programme and the Data Processing and Collecting Mechanism Training, which will be undertaken in collaboration with the International Trade Centre (ITC).
Twenty (20) companies are expected to participate in these
Programmes, which will be held on September 24-28 and October
1-3, 2012 respectively in Trinidad and Tobago.
The Programmes will cater to Managers and officers of business
information services in trade promotion organisations, chambers of
commerce, business associations and other organisations involved
in searching, processing or disseminating trade information. The
topics to be covered in the course include a number of information
management and information resource themes, including:
• Assessinguserneeds
• Web2.0intradeinformationmanagement
• Effectiveinformationsearchtechniques
•Informationserviceplanning
• Deliveryoftradeinformation
• PromotionofInformationservices
Identifying relevant information sources:
• Companyinformation
• Marketnews,trendsandreports
• Marketaccessandtraderegulations
• Tradestatistics
• InternationalPrices
For additional information about the Trade Information Training
Programme please contact Ms. Cora Lowe at clowe@carib-
export.com or Tel: 246-436-0578. (TW)
12 Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 5 No. 2, July-August, 2012
We are very interested in your feedback.
Please email your comments to: [email protected] material copyright © 2012 Caribbean Export
Caribbean Export Development Agency
Head Office: 1st Floor Baobab Towers
Warrens
St Michael BB22026
BARBADOS, W.I.
Tel: (246) 436-0578
Fax: (246) 436-9999
Email: [email protected]
Sub Regional Office:Calle Carlos Lora No.9
Ensanche Los Restauradores
Santo Domingo
DOMINICAN REPUBLIC
Tel: (809) 531-2411
Fax: (809) 473-7532
Email: [email protected]
Website: www.carib-export.com
www.facebook.com/Caribbean.Export
www.twitter.com/CaribXport
www.youtube.com/TheCaribbeanExport
Caribbean Export’s Key Result Areas And Goals
•Fostering an enabling environment – for trade and investment
within the region through regional integration, cooperation and
advocacy initiatives designed to position the region more effectively
in the world economy.
•Enhancing Competitiveness – Increase the competitiveness of firms
in CARIFORUM countries in selected sectors through investment,
management and product development, market expansion and
export diversification.
•Promoting Investment - Promote the Caribbean region as a prime
destination for intra and extra-regional investment.
•Strengthening Institutional Capacity and Networking - Enhance
the capacity of public and private sector BSOs, particularly sector
associations, trade promotion organisations and investment
promotion agencies, and support the development of vibrant
Caribbean business networks to improve services to clients.
Tradewatch abOuT uS
TradeWatch is made possible through the kind support of the European Union.
Tradewatch uPCOMINg EVENTS
Services Scoop, the pioneering trade magazine
of the Caribbean, has announced a call for
articles for their publication. The magazine is
heavily circulated throughout the Caribbean
to trade‐related agencies across the world.
For the magazine to truly engender the desired
impact, Services Scoop is seeking contributions
to the magazine. The second edition of Services
Scoop will be released early next year.
For additional information please
contact Michelle Hustler, Editor via email at
[email protected] (TW)
Services Scoop Call for Articles