CARICOM is Barbados’ largest export market – Minister Inniss
Minister of Industry, International Business, Commerce and Small Business Development (Photo via Barbados Government Information Service)
There is a dire need to increase the exports of goods and services from Barbados to a global market.
And, Industry Minister Donville Inniss has insisted that this country must first start with the Region, as it is the largest export market for goods and services from Barbados, and the one that offers the greatest potential for this country to increase its exports.
Mr. Inniss was speaking at a recent press conference held at the Barbados Investment and Development Corporation (BIDC) on Harbour Road, following a five-day CARICOM trade mission aimed at generating increased exports to Saint Lucia, Grenada and Guyana.
Stating that the last statistics he had seen indicated that from January to September 2015, Barbados exported approximately $259 million in value of goods to the region, the Minister explained that with the current trajectory, the figure in 2016 could expect to reach $285 million in exports to the CARICOM Region.
Read more at: Barbados Government Information Service