Caribbean Trade and Competitiveness Development Program (C-Tradecom)

Client: United States Agency for International Development
Website: www.c-trade.org

Under this project, CARANA is designing and implementing a program to address the issue of competitiveness and trade expansion for the countries under CARICOM (Belize, The Bahamas, Haiti, Jamaica, St. Kitts & Nevis, Antigua & Barbuda, Dominica, St. Lucia, Barbados, St. Vincent & the Grenadines, Grenada, Guyana and Suriname) and the Dominican Republic, with special emphasis on the countries of the OECS (St. Kitts & Nevis, Antigua & Barbuda, Dominica, St. Lucia, St. Vincent & the Grenadines and Grenada). The project seeks to ensure that the entire region is placed in a position to meet its international trade obligations with respect to a single market economy. In this context, a major objective is to assist the private sector to become a competitive engine for growth. To achieve this objective, C-TRADECOM is working with both the private sector and the public sector to address key problem areas which will lead to private sector growth opportunities, and create employment and investment.

Project results include the following:

 

Conducted a market/feasibility analysis of potential for a globally competitive Sea Island cotton industry. The project was completed in less than three weeks and was submitted to the Ministry of Agriculture for use in strategic planning. Follow-up activity has been planned including exploring linkages between Sea Island cotton products and tourism.

 

Provided technical assistance to small and medium-sized hotels in the Caribbean to help them meet international standards and position their businesses for long-term profitability. Provided expert consultants and logistical support for a two-day seminar, which was designed to help small and medium sized hotels understand and meet international standards for product and service quality. Participants expressed a high level of satisfaction with the course content and strongly recommended that this type of training seminar would be of tremendous help to small hotel owners/managers throughout the Caribbean. The attendees agreed to participate in an evaluation survey, which will be completed within six months.

 

Developed an investor roadmap and business guide, including a high-level diagnostic evaluation of the Antigua and Barbuda business environment. Assisting in the development of a comprehensive "how to" business guide while simultaneously identifying bottlenecks, gaps in transparency, and inefficiencies that can be improved.
  Provided support for 19 Caribbean businesses in the 2003 Summer International Fancy Food and Confection Show. Participation has assisted the most successful specialty food exporters in the Caribbean to establish a foothold in the market where their sales have been extensive. The show is best known for presenting the largest display of specialty foods around the world. This year the show had 1,995 exhibiting companies, which represented 45 countries and was attended by 22,673 visitors and buyers from 65 countries. The Caribbean pavilion housed 19 companies from Barbados, Suriname, Jamaica, Haiti, and Trinidad and Tobago.
  Supported the Caribbean Export Development Agency’s 2003 Caribbean Gift and Craft Show through assistance for a handcrafted jewelry workshop. This workshop provided knowledge and tools for turning jewelry and craft making into a profitable business on a small budget.
  Provided support for Caribbean Latin American Action’s forum on "Financial Integration—One Regional Capital Market." The forum was designed to define the public policy changes that are needed to integrate and harmonize the capital markets of the Caribbean. The conference aimed to attract greater investment flows through a constructive public/private sector partnership to aggressively accelerate the pace of integration, harmonization, and the impartial application of the law throughout the region.
  Working with Chief Immigration Officers of the 15 member states of CARICOM to facilitate implementation of revised regulations and new administrative rules required for compliance with the CSME provision on the free movement of people. Support includes technical assistance to develop training materials for direct and train-the-trainer programming based on the revised regulations and new administrative rules, and the provision of training interventions for key immigration officers.
  Provided support to the Caribbean Association of Customs Brokers' Conference on "The New Customs Environment—Adapting and Meeting the Challenges." Participants attended briefings on customs modernization, draft harmonized legislation, compliance responsibility, and interactive capabilities connecting trade actors. This conference significantly impacted the way that trade and business procedures are expedited in the CARICOM region in light of the FTAA and the CARICOM single market and economy.
  Supporting the initiative for private sector preparation for the Free Trade Area of the Americas Ministerial. Private sector entities receiving support include the St. Lucia Chamber of Commerce and others around the region in their preparation for the FTAA Ministerial.
  Supported Caribbean Latin American Action’s 27th Annual Conference in Miami. The conference emphasized that the private sector must take the lead in driving the transformation agenda with capacity building, harmonization, integration, and governance to overcome the major barriers to attracting increased investment flows. The conference brought together the key private and public sector decision makers in a constructive dialogue to define the action steps needed to accelerate the change underway in the region.
  Supported the Caribbean Regional Organization on Standards and Quality (CROSQ) and the Trinidad and Tobago Bureau of Standards (TTBS) in the implementation of a regional training program on standardization. This is a prerequisite for regional standards bureaus to fulfill their obligations under the WTO Technical Barriers to Trade Agreement. Included in the support is assistance to the University of the West Indies, Cave Hill, the Organization of American States, and the Centre for Trade Policy and Law to conduct a certificate program in international trade policy in the Eastern Caribbean.

 

 

CARANA Corporation
4350 N. Fairfax Drive #900
Arlington, VA 22203
+1 (703) 243-1700
info@carana.com

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