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Published byStephen Burke Modified over 8 years ago
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UNIDO WORKSHOP LAC – E URASIAN E CONOMIC U NION - BRICS COUNTRIES “ STRENGTHENING INTERNATIONAL ALLIANCES IN THE GLOBAL MARKET” Jacqueline A. Yearwood Director Enterprise Development July 14 - 17, 2015
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Antigua and Barbuda Twin Island State 170 square miles (440 sq km) Population: 90,000 Official Language: English Main Industry: Tourism, contributes 60 % of GDP
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Economic Markets Member of the Organisation of Eastern Caribbean States (OECS) Member of the Caribbean Community (CARICOM)
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Opportunities for EEU and LAC Cooperation Tourism Yachting MICE ( Meetings, Incentives, Conferences & Exhibitions) SPA / Wellness Agriculture Manufacturing
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Opportunities for EEU and LAC Cooperation Creative Industries Energy – renewable wind solar ICT ITES/BPO ( Information Technology Enabled Services/Business Process Outsourcing)
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Export Instruments Specific Legal Instruments 1.Tourism and Business (Special Incentives Bill) 2.Investment Authority Act 3.Small Business Development Act Presently looking at developing mechanism which speaks to and encourages export
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Investment Instruments / Manufacture Waiver / Reduction of Custom Duties & Taxes (Import Duties, ABST, RRC) Property Taxes Income Taxes Losses Carried Forward Withholding Taxes Stamp Duty on Land Transfers and Non-Citizens Licenses
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Useful Links Official Government Website www.ab.gov.ag Tourism Website www.visitantiguabarbuda.com Investment Authority Website www.investantiguabarbuda.org
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Antigua and Barbuda The beach is just the beginning
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