Barbados Prime Minister to attend CARICOM Summit in Haiti

Prime Minister Freundel Stuart will leave Barbados on Saturday, February 24, for the Twenty-Ninth Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM), in Port-au-Prince, Haiti. The summit takes place from February 26 to 27, at the Marriott Hotel.

Following the Adoption of the Agenda and dealing with a number of Procedural Matters, Mr. Stuart and other regional leaders will examine the CARICOM Single Market and Economy (CSME), particularly Administrative Requirements in the Skills Certification Process as it relates to the Requirement for a Police Certificate of Character.

They will also look at Procedures to which Member States would adhere on the Refusal of Entry of CARICOM Nationalsand Foreign Exchange Difficulties Affecting Trade between Member States.

Against the backdrop of last year’s devastating hurricane season, significant attention will be placed on finding solutions to Disaster Management and Recovery.

Read more at: Barbados Government Information Service

Seize opportunity to help hurricane-hit countries build back better – CARICOM SG

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Caribbean Community (CARICOM) Member States must seize the opportunity to help the countries that were devastated by the recent hurricanes to build back better and become the first climate-resilient nations in the world.

CARICOM Secretary-General, Ambassador Irwin LaRocque, delivered this charge in remarks he made at the opening of the Forty-Fifth Meeting of the Council for Trade and Economic Development (COTED) at the Marriott Hotel in Georgetown, Guyana, Thursday morning.

The impact of the hurricanes wrought on some CARICOM Member States and Associate Members  have affected various sectors including agriculture, tourism, manufacturing, housing, infrastructure, energy, and communications. The impact has also caused ripple effects across the Region, given the level of integration, the Secretary-General pointed out.

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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.