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Accompanying Measures for Sugar Protocol Countries Stakeholder meeting
31 March 2009 Kathrin Renner, Programme Officer EC Delegation - Trinidad and Tobago
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Support for Trinidad and Tobago under Accompanying Measures for Sugar Protocol Countries (AMSP)
EC Strategy and Multi Annual Indicative Programme (MIP) for EC supports two strategic objectives: 1. Economic Diversification 2. Mitigating the adverse social, economic and environmental impacts of the reform Indicative amount of € million allocated for
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2007 2008 2009 (Indicative) 2010 (Indicative) € 6.000 million
Annual Action Plans (AAPs) Funds to be channeled through Sector Budget Support 2007 2008 2009 (Indicative) 2010 (Indicative) € million € million € million € million Disbursement of annual allocation in fixed tranche and variable tranche Fulfilment of performance indicators: condition for disbursement of variable tranche
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Performance Indicators 2007- 2010
2007: Agreement on the indicators for Incentive package for the management of the impact of the National Adaptation Strategy on sugar farmers approved by Government Establishment of training needs assessment and training plan Conclusion of Strategic Environment Assessment Initialisation of baseline socio-economic and demographic study 2008: Completion of training programmes for farmer-relevant activities Procedural framework for regularizing the status of farmers who squat on Caroni lands approved by the Ministerial Committee Responsible for the Restructuring of Caroni (1975) Limited Compensation payments to 9,000 former employees of Caroni completed Compensation payment of TT$82 million to more than 3,000 farmers completed
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Performance Indicators 2007- 2010
2009: 5,000 former employees of Caroni have been offered leases for 2-acre sized plots Access roads constructed for 17 agricultural estates with 28 sub-divisions Action plan to construct access roads for other identified agricultural states prepared and include in the FY’10 budget Revised agricultural incentive programme adopted by Cabinet Review of conclusions of the SEA with a view to establishing an Environmental Stability Programme for the former Caroni lands 2010: Four mega farms established on lands formerly owned by Caroni (1975) Limited in production Revision of Environmental Stability Plan by the EMA and recommendation of a programme of action to the Government Purchase of pension annuities for former employees of Caroni completed Action plan to combat praedial larceny adopted by Cabinet
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State of Play Financing Agreement 2007 signed by GoRTT in August 2008
GoRTT requested disbursement of first fixed tranche (€2.2 mio.) Financing Agreement 2008 submitted to GoRTT for signature AAP 2009 agreed with GoRTT and under discussion in EC Headquarters
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NEXT STEPS Disbursement of fixed tranche 2007
Evaluation of fulfilment of indicators 2007 and fixing of final amount Signature of Financing Agreement 2008 Stakeholders consultation meeting
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