Germany is willing to help the Caribbean rebound from the impact of the global recession, as was discussed at the recent two-day workshop at the Lloyd Erskine Sandiford Centre in Barbados. The point reiterated by Ullrich Kinne, Deputy Head of Mission, Embassy of Germany to Barbados, Trinidad and Tobago, the OECS, Guyana and Suriname.
[Kinne said,] “It is high time to discuss how exports to the European markets can be increased and by that, economic wealth created in the Caribbean. […] Most Caribbean products are not targeting large retail stores but highly specialised markets, and growth rates in Europe for example for organic food, fair trade products and convenience food, to name only some segments, are extremely high.” He assured the audience, “Germany is financing projects in the Caribbean which are meant to support the implementation of the EPA and to strengthen the export potential of the Caribbean economies.”
Kinne told the audience at the ‘Converting EU Market Access into Tangible Benefits’ workshop, “The Caribbean has been hit harder by the global recession than many other regions and is still struggling to get out of it. [However], having been the first region to conclude an Economic Partnership Agreement (EPA) with the European Union, the Caribbean has a head-start in preparing itself for an increasingly competitive global trade environment and profit from EU assistance in this regard.”
[. . .] “In October, GIZ together with the Caribbean Export Development Agency organised a booth at ANGUA, the world’s largest B2B food fair. Eleven companies from the Caribbean were participating. [. . .] Out of the 1 200 applications, 53 products were selected, three of which came from the Caribbean booth. One of these products came from Barbados, Tiger Malt,” he stated. [. . .]
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