11TH European Development Fund Implementation Report 2017- 2023

Caribbean Export Development Agency

at a Glance

With offices in

Haiti

Barbados

Dominican Republic

We have a proven track record of performance with an annual implementation rate of one of the highest across institutions in the Region. 93% over

Caribbean Export is the regional trade and investment promotion agency focused on building a resilient Caribbean by providing cutting-edge and high-impact support to the private sector. Working closely with businesses to increase exports and attract investment, we contribute towards the creation of jobs, transformation of our economies and achievement of the Sustainable Development Goals (SDGs). We use our resources to implement a range of innovative, focused and practical initiatives designed to support the expansion of Caribbean businesses nationally, regionally and internationally into high value markets whilst taking advantage of preferential market access. We assist businesses that have export potential or are already exporting to increase their capacity and competitiveness, boost export earnings and generate jobs. As we seek to build businesses and transform lives that create a resilient Caribbean, we are committed to providing services in areas that will generate the greatest economic transformation, alleviate poverty and create prosperity for our people through providing decent work and economic growth. These areas include e-commerce; digitalization; and green economy transition. In addition, recognizing that trade in services is the next export frontier for Caribbean business, we provide support to non-tourism related service providers to build entrepreneurship to support the transition to a smarter and greener Caribbean. The Caribbean Export Strategic Plan 2021-2024 sets out a transformational agenda for the Region and seeks to contribute to the realization of the Sustainable Development Goals. Built upon the three pillars of export, investment and cross-cutting services, we aim to strengthen the means of implementation by working with global partnerships for sustainable development.

Understanding that innovation, adaptability, competitiveness and access to financing is needed by firms to build a resilient competitive private sector, that creates high value jobs, we have built our strategic approach to private sector development on Three Key Pillars: Export Investment Services

Implementation of the 11th European Development Fund (EDF) Regional Private Sector Development Programme (RPSDP)

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