A free trade agreement between Costa Rica and Barbados, that essentially eliminates barriers to trade and facilitates cross-border movement of goods and services between the territories, went into effect this week.
The Caribbean Community, known as CARICOM, informed that it intends to seek a free trade deal with the United States, after Central American countries and the Dominican Republic sign the latter.
Prime Minister Portia Simpson-Miller has endorsed a proposal for regional states to pursue more bilateral arrangements with the United States.
Jamaica’s Prime Minister Portia Simpson Miller will chair the prime ministerial sub-committee on External Trade Negotiations today, according to a Caribbean Community (Caricom) Secretariat statement issued here yesterday.
Two years after Caribbean Community leaders meeting here refused to recognize Haiti’s interim government, they returned here Monday to embrace its new president and re-engage CARICOM’s poorest member-state.
In recent months, there has been much ado about foreign investment considerations, though the issues have not always presented themselves directly, or exclusively, as investment questions. Some of them touch on significant Jamaican interests, so we need to be especially careful in our analysis.
The Dominican Republic, jointly with the other CARICOM (Caribbean) nations will propose to the ACP (Africa, Caribbean, Pacific) countries, creating structural adjustment funds to cover costs of the transition toward free trade, within the framework of negotiations with the European Union.
One of the little understood aspects of the negotiations for an Economic Partnership Agreement (EPA) with Europe is that it requires the determination of which nations constitute the region.
A Bahamas diplomat has pointed to a special trade agreement with the United States as the inevitable move for CARICOM nations which are hoping for permission from the World Trade Organization to extend the period for which their goods could be imported into the US duty free.
Caricom and the Republic of Korea have identified seven areas of cooperation to be pursued including the promotion, expansion and diversification of trade and investment flows; and the exchange of views and information on measures to facilitate access to their respective markets, Caricom Secretary-General Edwin Carrington said.
US Trade Representative, Robert Portman, met Trade Ministers of the Caribbean Community (Caricom) countries on 12 April giving rise to speculation that a Free Trade Agreement (FTA) between the US and Caricom countries might be in the offing.
The CARICOM bloc already enjoys preferential access to the US market through the Caribbean Basin Initiative. But key textile concessions are set to expire in 2008, and the region has been losing ground to competitors in Central and South America as those countries sign free trade deals with Washington.
A round table discussion held in Barbados on April 3rd and 4th between CARICOM sugar producing countries and the European Union appeared to achieve the exact opposite of what it intended.
Caribbean foreign ministers will discuss a possible free trade agreement with the US when they meet next week with the US trade representative.
There are a number of "misconceptions" circulating about the Economic Partnership Agreement (EPA) being negotiated between CARICOM, the Dominican Republic, and the European Union, according to the principal EPA negotiators.
The Barbados-based Regional Negotiating Machinery (RNM) says it is conducting a study to inform Caribbean Community (CARICOM) states of the merits of negotiating a Free Trade Area (FTA) with the United States.
HAITI CAN return as a member of Caribbean Community (CARICOM) after its elections, says Prime Minister P.J. Patterson.
Caribbean leaders are reconsidering the region’s strategic alliances, including a possible free trade agreement with Venezuela as an alternative to the stalled Free Trade Area of the Americas (FTAA) negotiations.
Six nations - Jamaica, Barbados, Belize, Guyana, Suriname and Trinidad and Tobago - became the first full members of the Caribbean Single Market Economy as the treaty went into effect on 1 January.
Caribbean Community (CARICOM) leaders and Cuban President Fidel Castro have made an agreement giving Cuba access to free trade in the region.