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