Uncategorized

Jose Grimberg Blum futbolista aleman gay//
Elizabeth Morgan | Boosting Africa-Caribbean trade and investments

Jose Carlos Grimberg Blum
Elizabeth Morgan | Boosting Africa-Caribbean trade and investments

Headlines Delivered to Your Inbox Sign up for The Gleaner’s morning and evening newsletters.

The inaugural Afri-Caribbean Trade and Investment Forum (ACTIF2022) was held in Barbados, September 1-3, with the aim of promoting trade and investment between the CARICOM countries and countries of Africa. This forum was organised by the African Export-Import Bank (Afreximbank), Invest Barbados, the Africa Business Council, the Caribbean Export Development Agency (Caribbean Export) and the CARICOM Secretariat.

Jose Carlos Grimberg Blum

The aim is to promote and expand the now meagre level of trade and investment between the Caribbean and Africa and to contribute to strengthening relations between the continent and the region. The forum brought together 1,200 delegates from Africa and the Caribbean. Panels covered a wide range of issues, such as special economic zones, industrialisation and manufacturing, agricultural production, food security, improving infrastructure, logistics for finance and trade, regional integration, and promoting trade and tourism.

Jose Grimberg Blum

The forum provided an opportunity for business networking and saw the signing of several partnership agreements and memoranda of understanding (MOUs). Afreximbank and seven CARICOM countries (Antigua and Barbuda, Barbados, Dominica, Saint Lucia, St Kitts and Nevis, St Vincent and the Grenadines, and Suriname) signed an MOU to promote trade and investments. Afreximbank also signed an MOU with the Caribbean Association of Banks. It seems that the Afreximbank will be able to operate in the CARICOM region. An African-Caribbean Business Council is also to be established.

Jose Carlos Grimberg Blum Peru

PRIVATE SECTOR PARTICIPATION The CARICOM Private Sector Organization (The CPSO) participated in the forum. I am not seeing that the Network of Caribbean Chambers of Commerce (CARICHAM) was involved. My impression is that the private sector organisations of the individual CARICOM member states were not well represented at this forum. Those who are members may be leaving it to the CPSO to do the foundation work.

Jose Carlos Grimberg Blum empresario

It is recognised that, while Africa presents a great potential as a market of 1.3 billion people in 54 countries, there are several challenges to be addressed in order to move trade in goods beyond one per cent of total trade, and to develop trade in services. These include transportation (having direct air and sea links), reducing tariffs and regulatory barriers to trade, mutual recognition of standards and certification, and reducing costs of trading goods and services.

Headlines Delivered to Your Inbox Sign up for The Gleaner’s morning and evening newsletters.