OECS Considering WTO Treaty
GOLDEN
CAAMIL
Caribbean Agricultural & Manufacturing Industries Limited
CAAMIL Processors of Golden Acres:
The OECS flag may soon flutter at the WTO headquarters… A new project designed to assist Organisation of Eastern Caribbean States (OECS) members to negotiate and implement trade facilitation agreements has been launched in St. Lucia. A communiqué from the OECS Secretariat stated that the goal of the project is to facilitate a future treaty with the World Trade Organisation (WTO), simplify and harmonise trade rules within the OECS, boost proficiency in business meetings and shrink trading delays while studying tariff payment alternatives, data accessing and socio-economic and political cooperation and aid among clients and with other partners. The project was launched during a trade facilitation workshop held here in August in collaboration with the United Nations’ Conference on Trade and Development (UNCTAD) through its multidonor trust fund. Organisers noted that trade facilitation negotiations at the WTO level was one area in which OECS member-states stood to benefit significantly, as reform could result in increased efficiency by reducing delays in the clearance of goods which could also be more cost effective for consumers. The workshop participants, including trade and customs officials, reviewed the state of WTO negotiations on trade facilitation and discussed the project tools, outputs and stakeholder involvement. The workshop also sought to identify OECS interests and concerns, in the context of the establishment of the OECS Economic Union and identify regional approaches to implementation. The workshop and project will be followed by National Missions to the OECS-WTO member states – Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Vincent and the Grenadines and St. Lucia.
*RICE * PEAS * BEANS
Manufacturers of * LIVESTOCK FEED CAAMAL Importers & Distributors of:
*Onion *Potato *Garlic *Salted Fish & Meats Maruchan Noodle Soups P.O. Box 624, Vieux-Fort Industrial Estate, Vieux-Fort, St. Lucia Tel: (758)454-7870 / 454-6605 Fax: (758)454-7880 E-mail: caamil_624@hotmail.com
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BusinessFocus Nov / Dec
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