News Room

World Trade Organization (WTO) Members Intensify Work on Technical Barriers to Trade

WTO members will intensify their work over the coming months on ensuring that standards and regulations do not act as unnecessary obstacles to trade. In their discussion in the Technical Barriers to Trade (TBT) Committee, they will also work on developing guidance on how governments should test and certify products, with the aim of reducing trade barriers.

September 2020

Agriculture Discussions to Enter New Phase This Month – World Trade Organization (WTO) News Item

A new phase of discussion on agriculture will begin at the WTO this month. WTO members will discuss, in the Committee on Agriculture, the impact of COVID-19 on the agricultural sector and will exchange information on their agricultural policies. Meeting in special session, they will seek to advance negotiations on agriculture, with a view to achieving a successful outcome by the 12th Ministerial Conference scheduled for 2021. Meetings will also take place on cotton and in the Sanitary and Phytosanitary Measures Committee and the Standards and Trade Development Facility.

September 2020

Commonwealth of Learning - Coursera Workforce Recovery Programme

The Ministry of Labour and Social Partnership Relations in partnership with the Commonwealth of Learning (COL) invites interested persons to sign up for the FREE online Coursera Workforce Recovery Programme.

The Commonwealth of Learning (COL) – Coursera Workforce Recovery Programme was conceptualized to be one of those programmes which seeks to reskill commonwealth citizens by providing access to a range of online courses. This initiative was designed to mitigate the increase in unemployment as a consequence of the COVID-19 Pandemic.

August 2020

American Business Dialogue Newsletter 2016

Over 70 business leaders from 22 countries in the region discussed how to move forward with the governments on the implementation of some of the American Business Dialogue recommendations focused on improving infrastructure and strengthening trade; facilitating financial resources for economic growth, stimulating innovation and development of human capital; and maximizing the potential of the region's energy resources.

May 2016

Trade growth to remain subdued in 2016 as uncertainties weigh on global demand

Growth in the volume of world trade is expected to remain sluggish in 2016 at 2.8%, unchanged from the 2.8% increase registered in 2015. Imports of developed countries should moderate this year while demand for imported goods in developing Asian economies should pick up. Global trade growth should rise to 3.6% in 2017, WTO economists reported on 7 April.

April 2016

Central Bank of Barbados Dec 2015 Press Release

The Barbados economy is estimated to have grown by 0.5 percent in 2015, thanks mainly to a stellar tourism performance. There was a 13 percent increase in airlift from major source markets, an expansion in room stock, and refurbishment of aging hotel plant. The tourism outturn was the best on record since 2007, with activity in the sector rebounding to pre-crisis levels. Tourism receipts grew by an estimated 5 percent, with arrivals up by 14 percent, and all major markets recorded double digit increases.

Source: Central Bank Barbados

http://www.centralbank.org.bb/Portals/0/Press%20Release%20December.pdf

January 2016

CARICOM negotiators push key issues as COP 21 releases draft agreement

December 9, 2015

As negotiators review a preliminary draft agreement issued Wednesday at the UN Climate Change conference, COP 21, in Paris, CARICOM Ministers and Heads of delegations are pressing for outstanding concerns to be adequately represented in the final outcome agreement, due on Friday

http://today.caricom.org/2015/12/09/caricom-negotiators-push-key-issues-as-cop-21-releases-draft-agreement/

December 2015

(Barbados) Government reports savings

January 20, 2015, Bridgetown, Barbados

GOVERNMENT, which said it is committed to reducing Transfers and Subsidies, has registered some savings from that expenditure item over the course of the last year. 
Information published on Government’s fiscal position shows expenditure on those allocations totalling $719.8 million at the end of last year.

Retrieved from: http://www.barbadosadvocate.com/

January 2015

CARICOM Governments to increase quality information on the Single Market to CARICOM nationals

Thursday, 27 November 2014 CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana

CARICOM nationals in six Members States are to benefit from a greater flow of tailored information on the CARICOM Single Market (CSM). This is under a new project that aims to connect nationals with the information they need to work, travel and do business in participating CARICOM countries.

Read here: http://www.guardian.bz/all-politics/8697-caricom-governments-to-increase-quality-information-on-the-single-market-to-caricom-nationals

December 2014

Barbados and U.S. Sign FATCA Agreement

The Government of Barbados is committed to the implementation of global standards for the supervision and regulation of the international business and financial services sector.

Published on November 17, 2014
by Kathyann Husbands
Source: BGIS Media - http://gisbarbados.gov.bb/

November 2014

Strong warning from Inniss

October 22, 2014, Bridgetown Barbados

Minister of Industry Donville Inniss today issued a strong warning to hoteliers who are set to receive significant concessions from Government.

http://www.barbadostoday.bb/
Source: Barbados Today

 

October 2014

Caricom implements market surveillance system

Wednesday September 10th

As member states seek to more aggressively implement the Caricom Rapid Alert System for the Exchange of Information on Dangerous (Non-Foods) Consumer Goods (Carrex) system, Hilda Kelshall, consumer health and safety officer, CSME Secretariat in Barbados, says that countries need to become their brother’s keeper in a concerted effort to protect consumers. 

Source: Trinidadian Guardian

Read here:http://www.guardian.co.tt/business/2014-09-10/caricom-implements-market-surveillance-system

September 2014

ENTREPRENUERSHIP AND TRADE AMONG WOMEN TO BE STIMULATED IN BARBADOS

 Bridgetown, September 01st 2014

 The Barbados Private Sector Trade Team in collaboration with the  Small Business Association will host a half day workshop to better equip women with what is needed to start, formalise or grow their own businesses. The workshop will be held at Begnalls Point, Pelican Craft Centre, Thursday 11th September 2014, from 8: 30 am to 1pm.  

Source: Business Monday (pg 9)

 

September 2014

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