caribbean export development agency london june 2014
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Caribbean Export Development Agency London June 2014. 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 - PowerPoint PPT PresentationTRANSCRIPT
Caribbean Export Development Agency London June 2014
• 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
Funding Sources
• EU – EDF (10th EDF)
• Counterpart funding from Member States
• IDB
• DFID
• CIDA
The Agency’s Strategic Areas
• Export Development and Promotion
• Investment Promotions
• Access to Finance
• Research & Marketing Intelligence
• Advocacy
Distribution of Support
Areas of Support
• Capacity Building (Firms & BSOs)
• Direct Assistance Grants
• Market Intelligence
• Market Penetration Activities
Priority Sectors
• Agro-Processing
• Services
• Creative Industries
• Light Manufacturing
Export Main Sectors
Main Export Markets
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
Constraints
• Standards & Certification – • Food Safety• Packaging & Labelling
• Production Capacity• Lack of understanding of target
consumers• Limited access to distribution channels• Limited Innovation
Opportunities
• Niche Approach
• Finding the right local partners
• New Product Development
• Consolidation
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