NETWORKS - ADDING VALUE FOR THE FUTURE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY Presented by Philip A W Williams.

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Presentation transcript:

NETWORKS - ADDING VALUE FOR THE FUTURE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY Presented by Philip A W Williams Executive Director, Caribbean Export Development Agency HEAD OFFICE: Hastings Main Road, Christ Church, BB15154, Barbados. Tel: Fax: SUB-REGIONAL OFFICE: C/ Carlos Lora #9, Ensanche Los Retauradores, Santo Domingo. Dominican Republic Tel: Fax: Website: The 7 th WORLD CONFERENCE OF TPOs “Tomorrows TPOs Keeping Pace with the Drivers of Change” The Hague, Netherlands Monday, 13 October 2008

INCREASING CARIBBEAN TRADE AND INVESTMENT

Goods Overtaken by Services Agriculture to Manufacturing and Tourism Non-tourism Services FDI in Off-shore Medical Centres Financial Services & Back-office Operations Need for a Strategic Approach INCREASING CARIBBEAN TRADE AND INVESTMENT

Significant Opportunities Identified Health and Wellness Education Business Development services ICT Construction-related services Production Services for the Entertainment Industry INCREASING CARIBBEAN TRADE AND INVESTMENT

Significant Opportunities Identified Business Development services ICT INCREASING CARIBBEAN TRADE AND INVESTMENT MANY OPPORTUNITIES

Significant Opportunities Identified Construction-related services Production Services for the Entertainment Industry INCREASING CARIBBEAN TRADE AND INVESTMENT MANY OPPORTUNITIES

EU-funded BizClim Project Four components: A study of constraints to EU-Caribbean business A preliminary study tour to 5 European countries A visit to Europe by up to 30 Caribbean business executives to develop export/investment opportunities and An EU/Caribbean Business Forum in the Caribbean INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES

Caribbean Export TFO Canada Agreement Four areas of focus: trade in services investment attraction gift and crafts sector, and the development of a web-based trade information system. INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES

Agreement for Caribbean Trade and Private Sector Development Programme (CTPSDP) Phase 2 signed EUR million allocated to Caribbean Export Main objectives: trade integration economic growth & poverty alleviation INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES

Expected Results: Increased competitiveness of firms A vibrant Caribbean Business and Investment Support Network Greater cooperation between CARIFORUM and the French and Dutch Caribbean territories (DOMs and OCTs). Publication of an annual report on the state of the Caribbean regulatory environment and on regional foreign direct investment (FDI). Assistance with EPA implementation. Caribbean Trade & Private Development Programme (CTPSDP-2)

Major Challenges institutional support diminished export competitiveness due to rising costs entrepreneurship knowledge and skills in export marketing of services absence of information about related export market opportunities and, generally, how to realize this potential. INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES

Role of Caribbean Export: Greater Integration of CARIFORUM countries into the Multilateral, Regional and Bilateral trade and investment arrangements Enhanced Competitiveness of Firms Strengthened Institutional Capacities Coordination/strengthening of Regional Networks INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Enhancing Caribbean Export’s Own Capacities Increased Knowledge & Skills Develop New Marketing Strategies Establish New Networks & Alliances Seek out Best Practice Examples Value of the 7th World Conference of TPOs INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY

Philip A.W. Williams Executive Director export.com Head Office Mutual Building Hastings Main Road Christ Church, BB15154 P.O. Box 34B Brittons Hill Post Office St. Michael, BB14000 BARBADOS Tel: +1(246) Fax: +1(246) INCREASING EU-CARIBBEAN TRADE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY Sub Regional Office Calle Carlos Lora No. 9 Ensanche Los Restauradores Santo Domingo DOMINICAN REPUBLIC Tel: +1 (809) Fax: +1 (809) Contact details: