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NETWORKS - ADDING VALUE FOR THE FUTURE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY. Presented by Philip A W Williams Executive Director, Caribbean Export Development Agency. The 7 th WORLD CONFERENCE OF TPOs

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NETWORKS - ADDING VALUE FOR THE FUTURE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Presented by

Philip A W Williams

Executive Director, Caribbean Export Development Agency

The 7th WORLD CONFERENCE OF TPOs

“Tomorrows TPOs Keeping Pace with the Drivers of Change”

The Hague, Netherlands

Monday, 13 October 2008

HEAD OFFICE: Hastings Main Road, Christ Church, BB15154, Barbados. Tel: +1 246-436-0578 Fax: +1 246-436-9999 Email: [email protected]

SUB-REGIONAL OFFICE: C/ Carlos Lora #9, Ensanche Los Retauradores, Santo Domingo. Dominican Republic Tel:+1-809-531-2411 Fax: +1-809-473-7532

Website: www.carib-export.com


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Goods Overtaken by Services

  • Agriculture to Manufacturing and Tourism

  • Non-tourism Services

  • FDI in Off-shore Medical Centres

  • Financial Services & Back-office Operations

  • Need for a Strategic Approach


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Significant Opportunities Identified

  • Health and Wellness

  • Education

  • Business Development services

  • ICT

  • Construction-related services

  • Production Services for the Entertainment Industry


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCYMANY OPPORTUNITIES

Significant Opportunities Identified

  • Business Development services

  • ICT


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCYMANY OPPORTUNITIES

Significant Opportunities Identified

  • Construction-related services

  • Production Services for the Entertainment Industry


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

OPPORTUNITIES AND CHALLENGES

EU-funded BizClim Project

Four components:

  • A study of constraints to EU-Caribbean business

  • A preliminary study tour to 5 European countries

  • A visit to Europe by up to 30 Caribbean business executives to develop export/investment opportunities and

  • An EU/Caribbean Business Forum in the Caribbean


Caribbean Export TFO Canada Agreement CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Four areas of focus:

trade in services

investment attraction

gift and crafts sector, and

the development of a web-based trade information system.

INCREASING CARIBBEAN TRADE AND INVESTMENT

OPPORTUNITIES AND CHALLENGES


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

OPPORTUNITIES AND CHALLENGES

Agreement for Caribbean Trade and Private Sector Development Programme (CTPSDP) Phase 2 signed

EUR 6.883 million allocated to Caribbean Export

Main objectives:

  • trade integration

  • economic growth &

  • poverty alleviation


Caribbean Trade & Private Development Programme (CTPSDP-2) CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Expected Results:

  • Increased competitiveness of firms

  • A vibrant Caribbean Business and Investment Support Network

  • Greater cooperation between CARIFORUM and the French and Dutch Caribbean territories (DOMs and OCTs).

  • Publication of an annual report on the state of the Caribbean regulatory environment and on regional foreign direct investment (FDI).

  • Assistance with EPA implementation.


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

OPPORTUNITIES AND CHALLENGES

Major Challenges

  • institutional support

  • diminished export competitiveness due to rising costs

  • entrepreneurship

  • knowledge and skills in export marketing of services

  • absence of information about related export market opportunities and, generally, how to realize this potential.


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

OPPORTUNITIES, CHALLENGES AND

THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Role of Caribbean Export:

  • Greater Integration of CARIFORUM countries into the Multilateral, Regional and Bilateral trade and investment arrangements

  • Enhanced Competitiveness of Firms

  • Strengthened Institutional Capacities

  • Coordination/strengthening of Regional Networks


INCREASING CARIBBEAN TRADE AND INVESTMENT CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

OPPORTUNITIES, CHALLENGES AND

THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Enhancing Caribbean Export’s Own Capacities

  • Increased Knowledge & Skills

  • Develop New Marketing Strategies

  • Establish New Networks & Alliances

  • Seek out Best Practice Examples

  • Value of the 7th World Conference of TPOs


INCREASING EU-CARIBBEAN TRADE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Philip A.W. Williams

Executive Director

Email: [email protected]

Head Office

Mutual Building

Hastings Main Road

Christ Church, BB15154

P.O. Box 34B

Brittons Hill Post Office

St. Michael, BB14000

BARBADOS

Tel: +1(246) 436-0578

Fax: +1(246) 436-9999

E-mail: [email protected]

Contact details:

Sub Regional Office

Calle Carlos Lora No. 9

Ensanche Los Restauradores

Santo Domingo

DOMINICAN REPUBLIC

Tel: +1 (809) 531-2411

Fax: +1 (809) 473-7532

E-mail: [email protected]


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