Implementation of the 10th EDF Regional Provate Sector Programme
PROMOTING TRADE AND EXPORT DEVELOPMENT
DominicanRepublic,Jamaica,Suriname and Trinidad and Tobago. Essentially, the NTINs will provide information to Caribbean Export, which will include economic data, market access conditions, business requirements, local buyers and suppliers. Businesses will therefore have access to the data through the portal or via direct contact with the Agency in the form of a helpdesk. Market Study on Opportunities for Enhancing Export Trade between Guyana-Suriname-Brazil In 2013, Caribbean Export conducted a study, to access the viable trade and investment opportunities amongst Guyana, Suriname and Brazil (Troika); and designed an actionable strategic plan for enhancing export trade among the grouping. From the study entitled Assessment of Framework and Opportunities for Enhancing Export Trade between Guyana/Suriname/ Brazil in Market Consultations , a Troika Trade Assessment Plan (T-TAP) was developed. This plan includes a road map and action plan for achieving export growth in trade, the identification of key sectors and sub- sectors, products and services that are export ready, key institutional relationships between trade support institutions that require strengthening, and the external financial and technical support programs that could be accessed to implement the action plan. Representing the final stage of preparation for the final report, a Validation Workshop for the study was organised in collaboration with the
Suriname Business Forum. Held in Suriname in February 2014, the workshop brought together 74 participants from BSOs, TPOs and the private sector in the Troika to discuss the findings of the report and introduce the proposed T-TAP strategy to follow. The strategy identified: • The sectors that are considered export ready and can be promoted; • The steps required to overcome barriers to trade; • The areas that require capacity building in public and private sector trade organisations; • The financial and technical support programmes that may be available to support Guyanese and Surinamese firms to implement this strategic plan to increase their trade with Brazil. On review of the findings, stakeholders provided recommendations for the study to include the establishment of trade desks in the Suriname Business Forum as well as the Private Sector Commission of Guyana, to provide training, trade and market intelligence, and trade show support for export ready firms. In keeping with Caribbean Export’s mandate to support the growth of firms, 13 of the following market pointers (briefs) were developed based on the requests submitted to the Agency: • Tiger Malt to Germany - Banks Holdings Limited • West Indian Hot Sauce to the United States - Baron Foods • Rum to India - West Indies Rum and Spirits Producers Association (WIRSPA) Inc. • Rum to China - WIRSPA Inc. • Clayton’s Kola Tonic to the United Kingdom - Armstrong Agencies • 10 Saints Beer to Belize - 10 Saints Brewery Ltd. Market Opportunity Briefs
• Brana Beer to Jamaica - Brana Prestige • Organic Soap to Canada - Ibis Products • Shampoo to Canada - Ibis Products • Beer Market in Jamaica for Brana Beer - Brana Prestige • LED Products to Jamaica - Caribbean LED Lighting Company • Tetley Tea to Ghana - Jamaica Teas Ltd. • Herbal Tea to Kenya - Jamaica Teas Ltd.
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