Implementation of the 10th EDF Regional Provate Sector Programme

PROMOTING TRADE AND EXPORT DEVELOPMENT

INTERVENTION LOGIC

OBJECTIVELY VERIFIABLE INDICATORS

SOURCES OF VERIFICATION

RESULTS ACHIEVED

Trade and export development is promoted in CARIFORUM States

• % of firms entering new markets based on intelligence obtained from the MIS (target=25%)

• Survey of BSOs and firms

• 53% of firms entering new

• Surveys of workshop participants

markets based on market intelligence obtained • 88% of participants report an increase in knowledge on trade agreements • 78% increase in client firms utilising technical assistance and capacity building services offered by BSOs • 38% of firms secured contracts in 2012 and 17% secured contracts in 2015.

• % of workshop participants confirming that their knowledge

• Internal reports on Forum activities

of trade agreements has increased (target=50%)

• Business Forum participants assessments

• % increase in client firms utilising key BSO services (target=50%)

• % of business contracts secured resulting p.a. from Business Forum activities (target=at least 25% per Forum)

Caribbean Export also seeks to increase the knowledge of private sector about bilateral, regional and international trade agreements, and as such opportunities for learning are a central aspect of each training and capacity building intervention executed by the Agency. Eight hundred and eleven (811) regional firms were trained, and an assessment of these beneficiaries revealed that 88% of them have gained substantial knowledge on these agreements, and are equipped with the information necessary to make sound business decisions.

Under Component 2 of the current EDF programme, Caribbean Export commenced work leading towards the development of a regional trade and market intelligence system. In addition to the development and maintenance of a market intelligence portal, a number of products and services have been developed by the Agency that will complement the overall system. These include a Food Safety Portal, the delivery of training and certification in trade and business intelligence to firms and BSOs, the development of market opportunity pointers, the undertaking of market research studies and the administration of market research surveys to gauge the business intelligence needs of beneficiary and stakeholders. The Agency is also undertaking the development of three regional export strategies for Agro-Processing, Higher Education, and Creative Industries. As a part of this process, 12 stakeholder consultations have been convened for finalisation of these strategies.

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