Smoother trade path with South America coming
(Barbados Today) Barbados is in the process of developing a new trade policy with two of its South American trade partners – Suriname and Guyana, Minister in the Ministry of Foreign Affairs and Foreign Trade Sandra Husbands has revealed.
This comes as the Region’s chambers of commerce form a new network to help bolster regional trade and tackle a range of issues that continue to affect commerce.
“Barbados is in the process of improving its trade and economic cooperation with Suriname. We have therefore stationed a special envoy in that country who will have discussions with both the private and public sector thereby ensuring that measures are in place for improved trading and economic cooperation between both countries,” Husbands told the launch of the Network of Caribbean Chambers of Commerce (CARICHAM) at the Accra Beach Hotel on Monday.
Pointing out that business support organisations were critical to the formation of trade policies, Husbands said the input from the chambers of commerce would be factored into any decision taken by local authorities.
“We are also embarking on an exercise to develop a similar relationship with Guyana in the very near future, and I am giving the chamber notice that their input will be much needed,” she said.
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