Caribbean Export Development Agency London June 2014
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Transcript of Caribbean Export Development Agency London June 2014
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Caribbean Export Development Agency London June 2014
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• Caribbean Export is the only Regional Trade and Investment Promotion Agency within the ACP Group of States
• Formally established on January 01, 1996
• Intergovernmental Agreement signed by 15 CARIFORUM States
• Head Office is located in Barbados
• Sub-Regional Office is located in the Dominican Republic
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Funding Sources
• EU – EDF (10th EDF)
• Counterpart funding from Member States
• IDB
• DFID
• CIDA
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The Agency’s Strategic Areas
• Export Development and Promotion
• Investment Promotions
• Access to Finance
• Research & Marketing Intelligence
• Advocacy
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Distribution of Support
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Areas of Support
• Capacity Building (Firms & BSOs)
• Direct Assistance Grants
• Market Intelligence
• Market Penetration Activities
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Priority Sectors
• Agro-Processing
• Services
• Creative Industries
• Light Manufacturing
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Export Main Sectors
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Main Export Markets
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Access vs Penetration
• The countries of the region are party to over 11 FTA or PS trade agreements giving access to markets with over 1 billion consumers.
• Most lack the capacity to penetrate the larger markets
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Constraints
• Standards & Certification – • Food Safety• Packaging & Labelling
• Production Capacity• Lack of understanding of target
consumers• Limited access to distribution channels• Limited Innovation
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Opportunities
• Niche Approach
• Finding the right local partners
• New Product Development
• Consolidation
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THANK YOU
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