CET, Rules of Origin critical to viability, competitiveness of indigenous industries – Review Consultation hears

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The protection of indigenous industries to ensure their viability and competitiveness on the global market and the harmonisation of rates across CARICOM were among the key concerns raised at a Consultation on the revision of CARICOM’s two trade instruments.

The trade and revenue instruments are the CARICOM Common External Tariff (CET) and the Rules of Origin.

At the brief opening ceremony of the one-day Consultation on 25 July, 2017, at the CARICOM Secretariat, CARICOM Assistant Secretary-General, Trade and Economic Integration, Mr.Joseph Cox called for frank discourse against the background that the CET in its current format, was not sustainable and was not serving the purpose for which it was originally intended.

He said order, structure and modernisation were necessary for the instruments to work for the Region.

Regional stakeholders at the Consultation acknowledged the importance of the CET and the RoO to the economic growth of the Region. They recommended the careful consideration of derogations of the CET on some products, as well as the implementation of a modernised and simplified version of the Rules of Origin.

Consultant, Mr. Dan Ciuriek, said that the review of the regime was to ready it for free circulation, a fully functioning CARICOM Single Market and Economy (CSME), and to be effective as a springboard into the global economy.

Listen as Mr. Bernard Black, Senior Project Officer, Customs and Trade Policy at the CARICOM Secretariat, provides some insight into the discussion and the next steps that are to be taken.

CARICOM opens environment policy, action plan for discussions

 

The consultations have been planned for Barbados, Guyana, Jamaica, the OECS Sub-region and Trinidad and Tobago
The consultations on the draft CARICOM Environment and Natural Resources Policy and Action Plan have been planned for Barbados, Guyana, Jamaica, the OECS Sub-region and Trinidad and Tobago

The Caribbean Community (CARICOM) Secretariat has opened the draft CARICOM Environment and Natural Resources Policy, as well as the Action Plan for national, sub-regional and regional discussions beginning early August.

The consultations have been planned for Barbados, Guyana, Jamaica, the OECS Sub-region and Trinidad and Tobago involving wide-ranging stakeholders drawn from the public and private sectors, civil society, CARICOM Institutions, and academia. Discussions are scheduled for August 3-4 in Barbados, 7-8 in Guyana; 14-15, Jamaica; 17-18, Saint Lucia, and 21-22 in Trinidad and Tobago.

The consultations are supported by the European Union under the 10th European Development Fund. (more…)

CET, Rules of Origin Review aims to further stimulate trade

Consultations to review the Common External Tariff (CET) and the Rules of Origin begin on Tuesday morning at the Caribbean Community (CARICOM) Secretariat.


The Consultation is in keeping with the Community’s Policy to encourage the inclusion of key stakeholders in policy-making processes. It is supported by funding under the Spanish Agency for International Development Cooperation (AECID).

Mr. Bernard Black, Senior Project Officer, Customs and Trade Policy at the CARICOM Secretariat, talks about the CET and the Rules of Origin and how they relate to the integration movement.
Listen:

Consultations get underway on comprehensive review of CET, Rules of Origin

The Council for Trade and Economic Development (COTED) mandated the Comprehensive Review
FLASHBACK:  A Meeting of the Council for Trade and Economic Development (COTED) in Georgetown, Guyana 

The Caribbean Community (CARICOM) Secretariat will next week begin consulting with regional stakeholders as it moves to undertake a comprehensive review of the Community’s main trade instruments – the Common External Tariff (CET) and the Rules of Origin.

The consultation will be held at the CARICOM Secretariat on 25 July, 2017, beginning at 9 am. It targets regional organisations that are interested in or likely to be affected by changes to the CET and the Rules of Origin, including Academia, Sector Organisations, Industry Associations, Regional Policy Advocacy Organisations, and Institutions of the Community.

The Consultation, which is in keeping with the Community’s Policy to encourage the inclusion of key stakeholders in policy-making processes, is supported by funding under the Spanish Agency for International Development Cooperation (AECID). (more…)

Ministers meet on moving Single ICT Space forward

FLASHBACK: CARICOM DeputyProgramme Manager, ICT4D, Ms. Jennifer Britton, and Assistant Secretary-General, Trade and Economic Integration, Mr. Joseph Cox at one of the preparatory meetings in March, 2017
FLASHBACK: CARICOM Deputy Programme Manager, ICT4D, Ms. Jennifer Britton, and Assistant Secretary-General, Trade and Economic Integration, Mr. Joseph Cox at one of the preparatory meetings in March, 2017

Caribbean Community (CARICOM) Ministers with responsibility for Information and Communication Technologies (ICT) meet tomorrow, 19 May, 2017, as effort continue to move on the establishment of the CARICOM Single ICT Space.

The Ministers convene for the Sixty-Eighth Meeting of the Council for Trade and Economic Development (COTED) on ICT via videoconferencing anchored at the CARICOM Secretariat.

Several preparatory meetings of officials were held to advance work on the Integrated Work Plan for the Single ICT Space, and the draft Terms of Reference for the CARICOM-US Joint Task Force.  The Integrated Work Plan will set out the activities that need to be completed for the development of the Single ICT Space. The activities of the work plan will focus on areas such as conducting gap analyses, public awareness, specific telecommunications issues, legal and regulatory reform cyber security, bringing technology to the people, resource mobilisation, as well as, forecasting for the CARICOM Digital Agenda 2025.

The Single ICT Space is conceptualised as the digital layer of the CARICOM Single Market and Economy (CSME), the Region’s flagship programme. It encompasses the management of Regional information, human resources, legislation and infrastructure in the sector to elicit maximum benefit for the Region’s populace.

The Single ICT space and the Region’s Digital Agenda 2025 will be constructed on the foundation of the Regional Digital Development Strategy (RDDS) which was approved in 2013, and will also have inputs from the Commission on the Economy and the Post-2015 Agenda.

CARICOM Heads of Government approved the Road map for the Single ICT Space in February 2017.