Barbados sensitising stakeholders on COTED decisions
Barbados is pushing ahead in its quest to expand trade to create economic growth by hosting consultations with representatives of the island’s private sector.
The Foreign Trade Division of the Ministry of Foreign Affairs and Foreign Trade has been hosting these meetings with the aim of sensitizing stakeholders about decisions taken by CARICOM Governments at the 47th COTED Meeting, held in November in Guyana.
Minister in the Ministry of Foreign Trade, Sandra Husbands, explained the rationale: “At the end of the day, business and trade happen via enterprises, and therefore, they have to be actively engaged in any discussions or dialogues which we have [about trade].”
Speaking to the Barbados Government Information Service during an interview following one of the consultations on Monday, she said they looked at the island’s trade policy and how to reposition it so Barbados could actually grow.
She added that they also discussed potential opportunities as well as the anticipated impact that COTED outcomes could have on local businesses.
Read more at: Barbados Government Information Service