Brexit vs Caribbean

Is Brexit a threat for the Caribbean?

brexit vs caribbean

Britain has spoken! Availing themselves of their democratic right to be in full control of their own destiny, Brexit caused shock waves, felt around the world. Amongst those concerned, are the small islands territories making up the Caribbean.

There has been enough buzz for months about the potential impact of such an action. While many may have hoped for a different outcome as a means of security for themselves, today the reality is what it is and plans have to be made accordingly.

In the weeks ahead, while Britain defines its future in trade, immigration, tourism and other key areas, the Caribbean needs to pay close attention. Donor funding, while critical, is not the only area that needs to be reviewed. From CARIFORUM-EPA’s to foreign policy and tourism, there is much to be considered.

The Caribbean has enjoyed and anticipates continued strong ties to what, for most of the islands, was the proverbial “motherland”. The UK is home to many of our nationals proving that the ties that bind us are more than commercial ones.

St. Kitts & Nevis ratifies TFA


Trade Facilitation Agreement

Saint Kitts and Nevis has ratified the WTO’s Trade Facilitation Agreement (TFA), becoming the fifth Caribbean WTO member to do so. St. Kitts and Nevis deposited its instruments of acceptance with the WTO secretariat on 17 June.

On 8 June the WTO hosted an experience-sharing event to help members identify best practices and the challenges faced by WTO members in establishing or maintaining national trade facilitation committees.

The TFA will enter into force once two-thirds of the WTO membership has formally accepted the Agreement.  With the acceptance by St. Kitts and Nevis, the number of TFA ratifications now stands at 82, meaning the WTO has received just over three-quarters of the ratifications needed to bring the Agreement into force.  Read More

104th Session of the International Labour Conference (ILC) concludes

Broad agreement was reached on the importance of SMEs in achieving decent and productive employment, and that the ILO should maintain its current portfolio of interventions focusing on: entrepreneurship development and access to finance; an enabling environment for enterprise development; improvement of productivity and working conditions; value chain development; and promotion of cooperative enterprises.  Check out this and other details of the 104th Session of the ILO Conference. Read more…