E. Humphrey - Roadmap for EPA Implementation in the Manufacturing Sector [Bdos MFA&FT]

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Transcript of E. Humphrey - Roadmap for EPA Implementation in the Manufacturing Sector [Bdos MFA&FT]

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    ROADMAP FOR EPA

    IMPLEMENTATION IN THE

    MANUFACTURING SECTOR

    EPA-related benefits

    will not flow

    automatically

    Presented to an EPA Workshop for private sector stakeholders 5th April 2012

    Errol L. Humphrey, EPA Implementation ConsultantMinistry of Foreign Affairs

    and Foreign Trade

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    HISTORICAL CONTEXT

    Lome Conventions & Cotonou Agreement

    A new WTO Compatible Trading

    Arrangement

    Presented by Errol Humphrey to a BPSTT workshop on the EPA5th April 2012

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    SCOPE OF COVERAGE

    A Comprehensive Agreement Asymmetry

    Some Provisions of Particular Relevance to

    Manufacturers

    Presented by Errol Humphrey to a BPSTT workshop on the EPA5th April 2012

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    STATUS OF EPA

    IMPLEMENTATION

    MAJOR CONCERNS: -

    Is there an EPA information deficit?

    The need to energize a reluctant private sector

    Presented by Errol Humphrey to a BPSTT workshop on the EPA 5th April 2012

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    EPA IMPLEMENTATION

    IN BARBADOS Implementing Institutions

    Principal Activities

    Business Support Organizations

    Presented by Errol Humphrey to a BPSTT Workshop on the EPA 5th April 2012

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    TRADE IN GOODS UNDER

    THE EPA

    Some of the benefits for Barbadian

    exporters: Mutually Agreed Duty & Quota-free Access

    More Flexible Rules of Origin

    Modern Sanitary & Phyto-Sanitary Regime Trade Facilitation

    Presented by Errol Humphrey to a BPSTT workshop on the EPA

    5th

    April 2012

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    REGIONAL PREFERENCE

    Article 238

    Any more favourable treatment and advantagethatmay be granted under this Agreement by any

    signatory CARIFORUM State to the EC Party

    shall also be enjoyed by each Signatory

    CARIFORUM State

    Presented by Errol Humphrey to a BPSTT workshop on the EPA

    5

    th

    April 2012

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    A FEW EXPORTING

    PRINCIPLES

    Companies must be genuinely interested in

    exporting to EU Research to determine what products you can

    supply to the market

    Realistic assessment of what you need to be

    competitive in the target market

    Develop strategy for accessing EU market

    Presented by Errol Humphrey to a BPSTT workshop on the EPA

    5th April 2012

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    CERTAIN PRODUCTS EXCLUDED

    FROM LIBERALIZATIONCARIFORUM excluded a number of products from

    liberalization, incl: Food & Beverage Items

    Cosmetics, Soaps etc.

    Garments

    Craft Items

    Presented by Errol Humphrey to a BPSTT workshop on the EPA

    5th April 2012

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    DEVELOPMENT

    COOPERATION

    Competitiveness Improvements Provision of Technical Assistance

    Promotion of Private Investment

    Need for Proactive Stakeholders

    Presented by Errol Humphrey to a BPSTT workshop on the EPA

    5th

    April 2012

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    CARIFORUM-EU EPA

    Links to official versions of the EPA: http://ec.europa.eu/trade/issues/bilateral/regions/a

    cp/pr220208_en.htm

    http://www.crnm.org

    Presented by Errol Humphrey to a BPSTT workshop on the EPA

    5th April 2012

    http://www.crnm.org/http://www.crnm.org/
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    THANK YOU

    Presented by Errol Humphrey to a BPSTT workshop on the EPA5th April 2012