Workshop on Foreign Direct Investment Attraction May 27 - 29, Barbados
- 1Workshop on Foreign Direct Investment (FDI) Attraction in the Caribbean
May 27 – 29, Barbados
The Honourable Christopher Sinckler, Minister of Foreign Affairs, Trade and International Business was the featured speaker at the opening ceremony of the Workshop on Foreign Direct Investment (FDI) Attraction in the Caribbean on Tuesday May 27, 2008. The event, jointly organized by Caribbean Export Development Agency (Caribbean Export) and Trade Facilitation Office Canada (TFO Canada), is taking place at the United Nations Building Conference Room, Christ Church in Barbados.
The three-day workshop (May 27 – 29) is designed for personnel of Investment Promotion Agencies (IPAs) from CARIFORUM Member States. The Cayman Islands and St Maarten are also participating. The workshop is providing training in a structured approach to FDI promotion as well as specific marketing techniques to help IPAs become more competitive in attracting foreign investors. Specifically, participants will return to their agencies with a better understanding of how to:
- Design sector or market specific FDI attraction programmes
- Develop and present a case for investment into their country
- Identify, screen and target investment prospects
- Service interested investors, both in-market and in the country
Mr. Paul Desbiens former Director of Investment Partnerships and Mr. George Woods former Senior Officers at the Invest in Canada Bureau, are facilitating the workshop. They are sharing with participants their experiences with the Canadian FDI partnership, providing insights on most recent FDI trends around the world and are highlighting the results of their findings with regards to the Caribbean.
Dr. Michael Mortimore, Chief, Unit on Investment and Corporate Strategies, UN Economic Commission on Latin America and the Caribbean (ECLAC) is also addressing participants on "Globalization and Foreign Direct Investment Policies: Where is Latin America and the Caribbean?"
In May 2007, Caribbean Export and TFO Canada signed a Cooperation Agreement to strengthen economic ties between the Caribbean Region and Canada. The programme, funded by the Canadian International Development Agency is focussed on four key areas: trade in services, investment attraction, gift and crafts sector, and the development of a web-based trade information system.
To download the proceedings of the Workshop follow the links below:
 | Caribbean Export Development Agency's Executive Director’s Welcome and Introduction Barbados' Minister of Foreign Affairs, Foreign Trade and International Business' Feature Address
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