Tag Archives: trade

  1. 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
  2. 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
  3. 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
  4. 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

    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

    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
  7. 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
  8. 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

    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
  10. 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
  11. 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
  12. 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
  13. 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
  14. UK signs trade continuity agreement with Caribbean countries

    UK businesses and consumers will benefit from a trade continuity agreement maintaining current arrangements with countries in the Caribbean soon after Britain leaves the EU. Trade Policy Minister George Hollingbery signed the UK-CARIFORUM Economic Partnership Agreement (EPA) with Ministers and representatives from Barbados, Belize, The Commonwealth of Dominica, Grenada, The Republic of Guyana, Jamaica, Saint […]

    March 25, 2019PoliticalNo comments

    Barbados needs to pick up new business in the area of international business and financial services. This view was expressed by Prime Minister Mia Amor Mottley after the Barbados International Business Association’s (BIBA) Task Force, led by Chairman Ben Arrindell, presented a report to the Government of Barbados. Ms. Mottley expressed the view that many […]

    August 26, 2018PoliticalNo comments
  16. CARICOM and African Union discuss working together, formalising relationship

    Secretary General of the Caribbean Community (CARICOM), Ambassador Irwin LaRocque and Deputy Chair of the African Union Commission (AUC), His Excellency Kwesi Quartey discussed the need for continued ACP solidarity in the negotiations for the Post-Coutonou Agreement with the European Union (EU). Negotiations for the Co-operation Agreement between the African Caribbean Pacific Group of Countries […]

    August 6, 2018PoliticalNo comments
  17. Cryptocurrency Reaching Unprecedented New Heights

    Few technologies are as capable of reshaping an entire industry as cryptocurrency has done for the world of finance. Fewer still could have made such strides in what is currently less than a decade of circulation. Despite this explosive growth, there are still many unfamiliar with what cryptocurrency can do, so let’s take a look […]

    July 26, 2018Breaking News, Business, Featured1 comment
  18. Southern African grouping observes CARICOM’s operations

    A team from the Southern African Customs Union (SACU), led by Ms. Paulina Elago, its Executive Secretary, is the latest from an integration grouping to look at the operations of the Caribbean Community and its Secretariat. Among them is tariff setting processes and applications within CARICOM. In that context, the delegation is seeking an understanding […]

    March 18, 2018PoliticalNo comments

    Regional and International investors now have greater investment options with the listing of Productive Business Solutions Limited (PBS), the parent of the PBS group of companies, on the Barbados and Jamaica Stock Exchanges. PBS, an international business company incorporated and licensed under the laws of Barbados, was welcomed to the International Securities Market (ISM) by […]

    November 6, 2017Breaking News, Business, FeaturedNo comments

    The Caribbean Export Development Agency (Caribbean Export) joined forces with the customs administrations of Haiti, the Dominican Republic and Morocco with a view to promoting south-south cooperation in trade facilitation. The mission included, among others, with the participation of Mr. Hugo Rivera, Deputy Minister, Economic Affairs and International Cooperation at Dominican Republic’s Ministry of Foreign […]

    September 13, 2017EventsNo comments
  21. Trade, investments and projects from China generate 1.8 million jobs in Latin America and the Caribbean

    The ILO just presented their first study on the effects of economic relations between China and Latin America and the Caribbean on jobs in this region, indicating that from 1990 to 2016 at least 1.8 million net employment opportunities were generated as a result of trade, investment and infrastructure activities. This amounts to almost 4% […]

    September 12, 2017BusinessNo comments
  22. “The relevance and state of US-Caribbean relations – Part 3” By Sir Ronald Sanders

    This is the final of a three-part commentary discussing the relevance and state of US-Caribbean relations against the backdrop of a publication by the Washington-based, Centre for Strategic and International Studies (CSIS), entitled, “The Relevance of US-Caribbean Relations – Three Views“. CSIS deserves the Caribbean’s thanks for addressing the issue which has been ignored for […]

    July 30, 2017EditorialNo comments
  23. Caribbean Export, the CARIFORUM Directorate and the EU support firms in Leveraging the EPA

    Supporting CARIFORUM firms to leverage the CARIFORUM-EU Economic Partnership Agreement (EPA) is at the forefront of the Caribbean Export Development Agency’s work programme as they implement the 11th EDF Regional Private Sector Development Programme (RPSDP) funded by the European Union. Co-hosts for the workshop, the European Union (EU) Delegation, expressed their commitment to supporting the […]

    July 24, 2017BusinessNo comments

    (Editor’s Note – This was submitted before the Unions and Private Sector finally got up and started doing what should have been done ever since! It is interesting to note the march is 2 days before the 80th Anniversary of the 1937 Uprising… Our contributor? He’s a popular employee of one of the construction firms […]

    July 23, 2017Breaking News, Featured, PoliticalNo comments
  25. “The relevance and state of US-Caribbean relations – Part 2” By Sir Ronald Sanders

    This commentary continues the discussion on the relevance and state of US-Caribbean relations against the backdrop of a publication by the Washington-based, Centre for Strategic and International Studies (CSIS), entitled, “The Relevance of US-Caribbean Relations – Three Views“. In the discussion of the security relationship between the US and the Caribbean, Evan Ellis, identifies China […]

    July 22, 2017EditorialNo comments