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NETWORKS - ADDING VALUE FOR THE FUTURE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY. Presented by Philip A W Williams Executive Director, Caribbean Export Development Agency. The 7 th WORLD CONFERENCE OF TPOs
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NETWORKS - ADDING VALUE FOR THE FUTURE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY Presented by Philip A W Williams Executive Director, Caribbean Export Development Agency The 7th WORLD CONFERENCE OF TPOs “Tomorrows TPOs Keeping Pace with the Drivers of Change” The Hague, Netherlands Monday, 13 October 2008 HEAD OFFICE: Hastings Main Road, Christ Church, BB15154, Barbados. Tel: +1 246-436-0578 Fax: +1 246-436-9999 Email: info@carib-export.com SUB-REGIONAL OFFICE: C/ Carlos Lora #9, Ensanche Los Retauradores, Santo Domingo. Dominican Republic Tel:+1-809-531-2411 Fax: +1-809-473-7532 Website: www.carib-export.com
INCREASING CARIBBEAN TRADE AND INVESTMENT Goods Overtaken by Services • Agriculture to Manufacturing and Tourism • Non-tourism Services • FDI in Off-shore Medical Centres • Financial Services & Back-office Operations • Need for a Strategic Approach
INCREASING CARIBBEAN TRADE AND INVESTMENT Significant Opportunities Identified • Health and Wellness • Education • Business Development services • ICT • Construction-related services • Production Services for the Entertainment Industry
INCREASING CARIBBEAN TRADE AND INVESTMENTMANY OPPORTUNITIES Significant Opportunities Identified • Business Development services • ICT
INCREASING CARIBBEAN TRADE AND INVESTMENTMANY OPPORTUNITIES Significant Opportunities Identified • Construction-related services • Production Services for the Entertainment Industry
INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES EU-funded BizClim Project Four components: • A study of constraints to EU-Caribbean business • A preliminary study tour to 5 European countries • A visit to Europe by up to 30 Caribbean business executives to develop export/investment opportunities and • An EU/Caribbean Business Forum in the Caribbean
Caribbean Export TFO Canada Agreement Four areas of focus: trade in services investment attraction gift and crafts sector, and the development of a web-based trade information system. INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES
INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES Agreement for Caribbean Trade and Private Sector Development Programme (CTPSDP) Phase 2 signed EUR 6.883 million allocated to Caribbean Export Main objectives: • trade integration • economic growth & • poverty alleviation
Caribbean Trade & Private Development Programme (CTPSDP-2) Expected Results: • Increased competitiveness of firms • A vibrant Caribbean Business and Investment Support Network • Greater cooperation between CARIFORUM and the French and Dutch Caribbean territories (DOMs and OCTs). • Publication of an annual report on the state of the Caribbean regulatory environment and on regional foreign direct investment (FDI). • Assistance with EPA implementation.
INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES AND CHALLENGES Major Challenges • institutional support • diminished export competitiveness due to rising costs • entrepreneurship • knowledge and skills in export marketing of services • absence of information about related export market opportunities and, generally, how to realize this potential.
INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY Role of Caribbean Export: • Greater Integration of CARIFORUM countries into the Multilateral, Regional and Bilateral trade and investment arrangements • Enhanced Competitiveness of Firms • Strengthened Institutional Capacities • Coordination/strengthening of Regional Networks
INCREASING CARIBBEAN TRADE AND INVESTMENT OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY Enhancing Caribbean Export’s Own Capacities • Increased Knowledge & Skills • Develop New Marketing Strategies • Establish New Networks & Alliances • Seek out Best Practice Examples • Value of the 7th World Conference of TPOs
INCREASING EU-CARIBBEAN TRADE: OPPORTUNITIES, CHALLENGES AND THE ROLE OF CARIBBEAN EXPORT DEVELOPMENT AGENCY Philip A.W. Williams Executive Director Email: pwilliams@carib-export.com Head Office Mutual Building Hastings Main Road Christ Church, BB15154 P.O. Box 34B Brittons Hill Post Office St. Michael, BB14000 BARBADOS Tel: +1(246) 436-0578 Fax: +1(246) 436-9999 E-mail: info@carib-export.com Contact details: Sub Regional Office Calle Carlos Lora No. 9 Ensanche Los Restauradores Santo Domingo DOMINICAN REPUBLIC Tel: +1 (809) 531-2411 Fax: +1 (809) 473-7532 E-mail: c.export@codetel.net.do