What is the OUTLOOK for Caribbean trade and business? This is the question that the Caribbean Export Development Agency (Caribbean Export) has attempted to answer through the production of their signature publication the Caribbean Export OUTLOOK, which was released today at their headquarters in Barbados.
Now in its 2nd edition the Caribbean Export OUTLOOK offers a range of articles on key growth industries for the region such as cocoa, tourism and the creative sector. Highlighting the importance of the creative industries at the media event, Executive Director for the Agency Pamela Coke-Hamilton shared that Caribbean Export had been mandated to take the lead in establishing the Caribbean Creative Industries Management Unit (CCIMU) and that “90% of royalties for Caribbean artistes remain uncollected because the region does not have the infrastructure and monitoring mechanisms in place to enforce payment, resulting in the loss of export revenue”. The publication has a section dedicated to the music industry and intellectual property rights with feature interviews with musical icon Shaggy who has successfully paved the way for other Caribbean artistes, and shares his knowledge of the music industry and intellectual property issues.
The publication is produced by the Agency with contributors from a team of industry experts and writers with the aim of providing a comprehensive yet easily manageable source of research and analysis of industries and markets that firms looking to grow via exports can reference. Importantly, it also provides an insight to several Caribbean markets for potential investors to consider. The Caribbean Export OUTLOOK is just one of the mechanisms the Agency is using to support the region’s private sector as part of the Regional Private Sector Development Programme (RPSDP) funded by the European Union under the 10th European Development Fund (EDF).
With the circulation of the first edition to over 22,000 regional and international readers, this latest edition is hoped to penetrate the international business sector even further, establishing itself as a ‘must read’ for the business executives interested in trade with the Caribbean and as an effective promotional tool for regional businesses. The Caribbean Export OUTLOOK is also available in French, Spanish and Dutch
Pictured from left:
H.E. Amb. Mr. Francisco B. Fernandez Pena, Embassy of Cuba in Barbados
H.E. Amb. Mikael Barfod, Head of Delegation of the European Union to the Eastern Caribbean Countries, the OECS and CARICOM/CARIFORUM
Pamela Coke-Hamilton, Executive Director, Caribbean Export
H.E. Amb. Luiz Gilberto Seixas de Andrade, Embassy of Brazil in Barbados
Dr. Ralph ‘Bizzy’ Williams, Chairman and Founder of Williams Industries Inc.
The Hon. Donville Inniss M.P., Minister of Industry, International Business, Commerce and Small Business Development – the Government of Barbados