Barbados Private Sector Trade Team States CARICOM-Canada Negotiations At Critical Cross-Road
Bridgetown, February 21st 2014
The Barbados Private Sector Trade Team (BPSTT) believes that the CARICOM-Canada negotiations are at the most critical stage of development since the talks began in 2008. According to Ms. Shardae Boyce, Trade Research Officer, “In the absence of a trade agreement, Barbados’ exports will become more expensive to consumers in Canada and generally less competitive given that Canada offers preferential access to similar products, from a multiplicity of countries, through free trade agreements and other preferential schemes. However, if liberalisation in the domestic market is done recklessly then a concluded agreement with Canada can be just as catastrophic to our local industries."
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|Date Posted||February 21 2014|
Filed Under: CARICOM CANADA TRADE NEGOTIATIONS