CARICOM Launches Online Market Place – CIMSUPro
- CARICOM is launching a major regional platform to facilitate intra-regional trade in goods and agricultural products.
- This CARICOM Marketplace dubbed CIMSUPRO (CARICOM Market Place and Suspension Procedure) will register suppliers and buyers of Caribbean Community (CARICOM) originating goods.
- CIMSUPRO when populated will create a ‘Marketplace’ that will allow regional buyers to find sellers of regionally produced goods, thereby creating the conditions for direct contact between parties.
- The online platform also has the potential for improving the efficiency of the application process for a suspension of the Common External Tariff (CET).
- The platform will help to build the resilience of regional economies by increasing intra-regional trade and supply of goods, especially food, and reducing the high and unsustainable dependence on imports.
(Source: CARICOM TODAY)