What about licensing and qualifications for Barbadian companies wishing to operate in the EU, or European companies who want to open operations in Barbados under the EPA? Does the agreement speak to those issues?
February 09 2012 | Taxation Advisory Services
Yes, the EPA does address the issue of mutual recognition of licensing and qualifications.
The agreement calls for the negotiation of terms for mutual recognition through the relevant professional bodies in the private sector. Those negotiations must take place with recommendations made to the CARIFORUM-EU Trade and Development Committee. Following review, the Committee will then finalise the mutual recognition agreements.