CARIFORUM businesses, enterprises and entrepreneurs will soon receive a much-needed boost in engaging the European market place. This was revealed at the recent regional launch of Caribbean Export Development Agency’s (Caribbean Export) London 2012 Initiative in Barbados.
The launch, in collaboration with the European Union (EU) Delegation to Barbados and the Eastern Caribbean and the UK Department for International Development (DFID), was held at the Lloyd Erskine Sandiford Centre, St Michael, Barbados and included presentations from the EU Delegation, DFID and Break Point winner, Kiran Akal, CEO of SMAKS, The West Indies Tea Company.
In his opening remarks, Chairman of the Board of Directors, Ambassador Colin Murdoch lauded the commitment of regional and international stakeholders in making this and other Caribbean Export initiatives a success. “These three initiatives, London 2012, Break Point and the CARIFORUM-EU Business Forum, are all inter-related and together play a critical role in the continued growth and export potential of the region’s private sector businesses and enterprises. The common thread that binds the three together is the CARIFORUM-EC Economic Partnership Agreement (EPA)”, commented Ambassador Murdoch. “Through the planning and execution of these initiatives, Caribbean Export will give the region a much-needed boost in maximizing on the potential of the EPA.” Ambassador Murdoch concluded.
Head of the EU Delegation to Barbados and the Eastern Caribbean, Ambassador Valeriano Diaz expressed the Delegation’s enthusiasm in collaborating with Caribbean Export for the implementation of the London 2012 Initiative. “The launch of this initiative is not only seen as a catalyst for regional economic growth, but also demonstrates the commitment of Caribbean Export and their partner agencies to regional private sector development”.
The London 2012 Initiative is also supported by the UK Department of International Development with a contribution of 500,000 GBP. “At DFID, we see London 2012 as an ideal vehicle for improving the competitiveness of the regional private sector” commented Mr. Matthew Butler, Head of the Growth Team. “And we believe that the work Caribbean Export is undertaking ties in with our focus on outward orientation and public awareness.”