Many CARIFORUM entrepreneurs require on the ground assistance to guide them on the best way to penetrate the French Caribbean markets. This is the finding of a study commissioned by Caribbean Export Development Agency (Caribbean Export) on Doing Business Between CARIFORUM States and the French Caribbean. It also highlights potential areas for mutual growth in the goods and services sectorsand possible improvements to the regulatory framework. Ways in which CARIFORUM goods could gain access to the EU via the French Caribbean Outermost Regions (FCORs) are also analysed.
The study also includes individual reports on socio-economic and market access conditions and trade opportunities for nine CARIFORUM countries (Antigua & Barbuda, Barbados, Dominica, Dominican Republic, Jamaica, St. Lucia, St. Vincent and the Grenadines, Suriname and Trinidad & Tobago) and three FCORs(French Guiana, Guadeloupe and Martinique). To download a copy of the study visit our Online Business Information Centre www.carib-export.com/obic.
In related news, a proposal to consider the establishment of a joint technical management unit that will focus on assisting firms from CARIFORUM and the FCORs in doing business within the French Caribbean and CARIFORUM States respectively was tabled at the recently concluded 6th CARIFORUM/FCOR/Overseas Countries and Territories (OCT) Task Force on Trade and Investment held in late October.
The implications of the Octroi de Mer Tax on Goods exported from CARIFORUM States to the FCORs and its likely effect on export opportunities for CARIFORUM firms was also discussed. The meeting was coordinated by Caribbean Export in collaboration with the FCORs, OECS Secretariat, CARICOM Secretariat and CARFORUM Directorate.
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