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Tag Archives: trade

  1. Thirty years of #MERCOSUR: the Common Market of the South

    This year the Common Market of the South (#MERCOSUR) celebrates thirty years since its foundation, carried out through the signing of the Treaty of Asunción in 1991. MERCOSUR is a historic achievement of the countries that make it up, which has allowed us to advance from a logic of rivalry towards one of cooperation. Regional […]

    March 24, 2021Business, FeaturedNo comments
  2. UNCTAD 15 CONFERENCE FOR BARBADOS GOES VIRTUAL

    The UNCTAD 15 Conference which will be hosted by Barbados from 3 to 8 October 2021 will now be a virtual event. Prime Minister of Barbados, Mia Amor Mottley, and UNCTAD’s Acting Secretary-General, Ms. Isabelle Durant, just made this announcement. The Conference is the highest decision-making body of the United Nations Conference on Trade and […]

    March 20, 2021PoliticalNo comments
  3. Virtual roadshow for UK companies

    Over 1000 companies in the UK have had the opportunity of enhancing their commercial growth in the Latin America and Caribbean regions by taking part in the annual Latin America and Caribbean Roadshow hosted by the UK Department of International Trade (DIT). For the first time this annual event has gone virtual with increased interest […]

    March 11, 2021Business, FeaturedNo comments
  4. Ambassador Chad Blackman meets with Acting UNCTAD Secretary-General

    Ambassador Chad Blackman, Barbados’ Permanent Representative to the United Nations and Other International Organisations in Geneva, held talks with the recently appointed UNCTAD Acting Secretary-General, Ms. Isabelle Durant. Ms. Durant, whose substantive post is Deputy Secretary-General, was appointed acting Secretary-General on 16 February 2021, following the resignation of Dr. Mukhisa Kituyi, which took effect on […]

    March 5, 2021PoliticalNo comments
  5. USA – #Cuba normalization could increase production of #COVID19 vaccines

    If U.S. President, Joe Biden, eases the trade embargo against Cuba, one benefit to developing countries, including the Caribbean, could be greater access to coronavirus vaccines at an affordable price. Cuban scientists have been working on four vaccine candidates to counter the virus. They believe that their most successful candidate, Sovereign 2, will enter a […]

    March 2, 2021Breaking News, Editorial, HealthNo comments
  6. FINAL DECLARATION OF THE 7TH CARICOM-CUBA SUMMIT MEETING

    Heads of State and Government of the Caribbean Community (CARICOM) and the Republic of Cuba, gathered via video-conference on 8 December, 2020, on the occasion of the 7th CARICOM-Cuba Summit held in commemoration of the 48th anniversary of the diplomatic relations between the four CARICOM independent States and Cuba and the 18th anniversary of CARICOM-Cuba […]

    December 10, 2020PoliticalNo comments
  7. CARICOM Private Sector Organisation and Caribbean Community sign MOU to support Regional Growth and Development

    The CARICOM Private Sector Organisation just signed a Memorandum of Understanding with the Caribbean Community to cooperate on the full implementation of the CARICOM Single Market and Economy (CSME), regarded as the most viable platform for supporting the Region’s growth and development. CARICOM Secretary-General Ambassador Irwin LaRocque signed on behalf of the Community and Chairman […]

    December 6, 2020Featured, PoliticalNo comments
  8. $5.35 Million Bds Boost to Barbados Tuna Industry, Maritime Affairs gaining more value for Fisherfolk

    The substantial demand for tuna among sushi and sashimi lovers mainly in North America has been the driving force behind the development of tuna fisheries in the Caribbean region for exports. As a result of this global demand, a number of countries in the Caribbean region, such as Barbados, have developed a yellow-fin tuna (YFT) […]

    November 19, 2020Agriculture, Breaking News, FeaturedNo comments
  9. Caribbean Export Builds a Services Supplier Registry for the Caribbean

    The Caribbean Export Development Agency (Caribbean Export) has expanded its CE-Intelligence Portal to include a registry of Caribbean based service providers in its CE Services Registry. UNCTAD has reported that internationally, in many developing states, Services exports rapidly grew, between 2005 and 2018 at a rate of 7.6 per cent annually. Additionally, services’ direct contribution […]

    October 27, 2020BusinessNo comments
  10. Caribbean company wins major award at international food expo

    Caribbean company Naledo overcame fierce competition to win the ‘New Food Product of the Year‘ award at Food Matters Live 2020, a prestigious international food event in the UK. Belizean-based Naledo manufactures the world’s first wildcrafted, whole root turmeric paste as well as fresh juices blended with turmeric. The Food Matters Live judging panel commended […]

    October 18, 2020Business, Video GalleryNo comments
  11. Musson Acquires Massy’s Information Technology & Communications Line of Business

    Musson (Jamaica) Limited (“Musson“) has announced that it has completed the acquisition of Massy Holdings Limited’s regional information technology and communications line of business (“Massy Technologies“). Massy Technologies is one of the largest and most prominent information technology and communications providers in the Caribbean. Massy Technologies offers its customers enterprise IT and communications solutions including […]

    October 7, 2020Business, FeaturedNo comments
  12. Joint venture partners to build new distribution centre in St Vincent

    Goddard Enterprises Limited and its joint venture partner Agostini’s Limited are pleased to announce the impending ground- breaking for the construction of a 60,500 square foot, modernized Distribution Centre and Offices for their St Vincent and the Grenadines based company, Coreas Distribution Limited (CDL). CDL is one of seven fast moving consumer goods (FMCG) distribution […]

    October 2, 2020BusinessNo comments
  13. Antigua and Barbuda congratulates new IDB President

    Antigua and Barbuda Prime Minister Gaston Browne congratulated Mauricio Claver-Carone on his election as new President of the Inter-American Development Bank (IDB). The election by the Board of Governors of the IDB took place in Washington, the headquarters of the Bank. Mr.Claver-Carone, who was nominated by the Government of the United States of America, was […]

    September 14, 2020PoliticalNo comments
  14. Courtesy Call to new Transport Minister from Chinese Ambassador, Yan Xiusheng

    At a recent courtesy call by the Ambassador of the Republic of China to the Ministry of Transport, Works and Water Resources, the newly appointed Minister of Transport, Works and Water Resources, Ian Gooding-Edghill stated the Government of Barbados continues to value their mutual cooperation and the assistance the Embassy continues to provide to the […]

    August 25, 2020PoliticalNo comments
  15. Trump issues orders banning TikTok and WeChat from operating in 45 days if they are not sold by Chinese parent companies

    USA’s 45th President Donald Trump yesterday issued an executive order that would ban the social media app TikTok and WeChat from operating in the US in 45 days if they are not sold by their Chinese-owned parent companies. The orders, which use similar language, do not state that a certain amount of money from the […]

    August 7, 2020Technology, Video GalleryNo comments
  16. Caribbean Rum Producers to Benefit from Maintained Brexit Tariffs

    Despite changes coming as a result of Brexit, Caribbean Rum will continue to be protected from unfair competition from subsidised cheap rum entering the UK market from other countries. Following the UK’s exit from the European Union on 31 December 2020, the existing tariffs will remain and Caribbean Rum Producers will continue to benefit from […]

    July 6, 2020BusinessNo comments
  17. OUTGOING CARICOM CHAIR PRAISES ACCESS BY TRADE BLOC TO AFRICA’s MEDICAL SUPPLIES PLATFORM

    CARICOM Member States have been given access to the Africa Medical Supplies Platform (AMSP), a procurement system for supplies and equipment in the fight against COVID-19. The AMSP unlocks immediate access to an African and global base of vetted manufacturers and procurement strategic partners. It enables African Union Member States to purchase certified medical equipment, […]

    July 1, 2020PoliticalNo comments
  18. RUM PRODUCERS ANNOUNCE MAJOR LABEL UPGRADE

    Rum producers from around the region met in Barbados this week to discuss how to promote responsible drinking and to reduce the harmful use of alcohol. The harmful use of alcohol has been recognised as a contributing factor to Non-Communicable Diseases (NCDs) and in recognition, the industry set up at task force in 2018 to […]

    July 2, 2019AgricultureNo comments
  19. Trade ministers support international competitiveness for rum industry

    CARICOM Trade Ministers meeting in Guyana this week, on the 29th April, approved a range of recommendations aimed at positioning the region’s rum industry to better take advantage of the global market. The measures address a host of domestic and international issues that affect the competitiveness of the industry, which is considered the region’s premier […]

    May 4, 2019AgricultureNo comments
  20. SOLUTIONS BARBADOS: ‘The End Game – Part 5 of 5, Prepare to Survive’ by Grenville Phillips

    If I were given a choice between accepting US$100M every year for the remainder of my life, or renegotiating the Economic Partnership Agreement (EPA) for the benefit of the next generation of Caribbean people, I would choose renegotiating the EPA without hesitation. A simple trick when negotiating a trade agreement with a weaker economy is […]

    April 25, 2019Editorial, PoliticalNo comments
  21. CARIBBEAN RUM PRODUCERS TO GET SAME DEAL AFTER BREXIT

    Caribbean Rum producers have welcomed the signing of a trade deal between the Caribbean Forum of ACP States (CARIFORUM) and the United Kingdom. The deal, which was finalised in St. Lucia & will come into effect on the departure of the UK from the European Union and it seeks to mirror the benefits provided to […]

    April 23, 2019BusinessNo comments
  22. SOLUTIONS BARBADOS: ‘The End Game – Part 4, Chasing An Illusion’ by Grenville Phillips

    The EPA was negotiated in the worst possible manner, resulting in the worst of all trade agreements for the Caribbean. When I asked why they had signed such a bad agreement, I was told that we had to sacrifice the sunset industries for the sunrise. Suddenly everything made sense – there was a method to […]

    April 19, 2019Editorial, PoliticalNo comments
  23. Pavel Belogour Is Expanding His Range of Influence

    As the founder of BMFN and an experienced FX trader, Paul Belogour knows the value of the right connections. Mr. Belogour is not just an avid philanthropist and prolific businessman, he is one of the faces of BMFN. He spearheads the company’s expansion campaign across the globe one integration deal or business dinner at a […]

    April 16, 2019Business, FeaturedNo comments
  24. SOLUTIONS BARBADOS: ‘The End Game, Part 3 – Taking Milk from a Baby’ by Grenville Phillips

    Internationally competitive European industries wanted to legally exploit the developing Caribbean markets. To achieve that aim, their governments wanted to negotiate a trade agreement with the Caribbean. That trade agreement was called the Economic Partnership Agreement. With the benefit of our FTAA preparations in 2002, Barbados and the rest of the Caribbean were well-positioned to […]

    April 11, 2019Editorial, PoliticalNo comments
  25. SOLUTIONS BARBADOS: ‘The End Game, Part 2 – Choking on Worms’ by Grenville Phillips

    Industries in developed countries normally mature until they are internationally competitive. When they are ready to expand beyond their national borders, they ask their Governments to negotiate trade agreements to legally exploit the less developed markets of other nations. Barbados was consistently given the same strategic economic advice from the Inter-American Development Bank and others […]

    April 3, 2019Editorial, PoliticalNo comments