The importance of effectively managing the external relations of the Caribbean Community (CARICOM) was strongly underscored at the opening of the 45th meeting of the Council for Trade and Economic Development (COTED) on Thursday in Georgetown, Guyana.
Chair of the COTED, the Hon. Paula Gopie-Scoon, Trade and Industry Minister of Trinidad and Tobago, and Ambassador Irwin LaRocque, CARICOM Secretary General referred to the current international trade climate and stressed the need for coordinated approach to external economic relations.
While many of the agenda items focus on the CARICOM Single Market and Economy, the Region’s flagship programme, and trade in goods, Ministers will place emphasis on matters such as future trade with the United Kingdom post-BREXIT; developments within the World Trade Organisation (WTO); and the state of the rum industry in CARIFORUM.
“We must remember that our strength as a Region depends on a coordinated approach to policies. This includes the external economic and trade relations of the Community which we will address during the course of this Meeting”, Minister Gopie-Scoon said at the opening session.