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Caribbean Export Development Agency London June 2014

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

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Caribbean Export Development Agency London June 2014

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  1. Caribbean Export Development Agency London June 2014

  2. 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

  3. EU – EDF (10th EDF) Counterpart funding from Member States IDB DFID CIDA Funding Sources

  4. Export Development and Promotion Investment Promotions Access to Finance Research & Marketing Intelligence Advocacy The Agency’s Strategic Areas

  5. Distribution of Support

  6. Areas of Support • Capacity Building (Firms & BSOs) • Direct Assistance Grants • Market Intelligence • Market Penetration Activities

  7. Priority Sectors • Agro-Processing • Services • Creative Industries • Light Manufacturing

  8. Export Main Sectors

  9. Main Export Markets

  10. 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

  11. Constraints • Standards & Certification – • Food Safety • Packaging & Labelling • Production Capacity • Lack of understanding of target consumers • Limited access to distribution channels • Limited Innovation

  12. Opportunities • Niche Approach • Finding the right local partners • New Product Development • Consolidation

  13. THANK YOU

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