#BARBADOS #PRIVATESECTOR #TRADE TEAM TO CONCLUDE #IDB FUNDED SENSITISATION CAMPAIGN ON #EPA
The Barbados Private Sector Trade Team (BPSTT) is set to conclude a series of Inter-American Development Bank (IDB) funded workshops and roundtable discussions designed to sensitise business owners, managers, workers and business support organisations on the Economic Partnership Agreement between the countries of CARIFORUM and the European Union. The workshop, titled “Service/Dis-Service: Navigating the EPA” and the roundtable discussion titled “Balancing the Competitive Elements of the Agreement” are scheduled for Monday April 23rd and Tuesday April 24th respectively from 9 a.m. – 11 a.m., and will be held at the Conference Room of the Barbados Chamber of Commerce and Industry located at Deighton Road, St. Michael.
“There has been some amount of debate recently about whether or not the private sector has been taking ownership of the EPA. However, since the EPA was signed in 2008, the BPSTT has held a number of sensitisation activities to which the private sector has always demonstrated considerable interest. The upcoming activities further demonstrate the commitment of the BPSTT to educate the private sector on the type of business opportunities available in Europe as well as the type of competition they can anticipate in the local market from European businesses,” stated BPSTT Trade Consultant Joel Richards.
The workshop will provide an overview of the EPA and its relevance to the Barbados business community. Other topics will focus on the role of intellectual property in differentiating Barbadian businesses from their competitors. One of the major highlights of the workshop will include a presentation by a Barbadian investor in the EU who will share first-hand experience on how he has been able to gain a foot-hold in the EU market.
The roundtable discussion will also focus on protecting Barbadian small businesses in the face of potential competition under the EPA and other trade agreements.
Presenters will include Dr. Wendy Hollingsworth, a Science & Technology, Innovation and Intellectual Property Specialist; Ms. Julie Mapp – Consultant in the Division of Foreign Trade, Ministry of Foreign Affairs and Foreign Trade; Ambassador Errol Humphrey – Consultant to the EPA Implementation Unit; Mr. Colin Daniel – Business Operator; Mr. Decourcey Eversley – Director of Fair Competition, Fair Trading Commission and Ms. Erica Smith – CEO, Copyright Society of Composers, Authors and Publishers.