Caribbean Export Signs Trade Mou

  • The Caribbean Export Development Agency (Caribbean Export) has signed a Memorandum of Understanding (MOU) with the World Trade Center Miami (WTCM) and Canning House agreeing on a framework to sustain trade and investment promotion efforts in the Caribbean.
  • This presents an opportunity to deepen the economic trade and investment relationships between the UK and Latin America. This means that Caribbean Investment Forum (CARIFORUM) businesses, workers, and producers will need to collaborate and work smarter to successfully compete globally and enter new markets for trade and the attraction of investment. 
  • Most significantly, Florida, for many reasons, including its logistic positioning, large Caribbean diaspora, is an important gateway for Caribbean investment and trade and home to the WTCM.
  • Further, president Ivan Barrios said that the Caribbean was very important to the South Florida community and that the signing of the MOU was timely given a new series of seminars being planned for the Caribbean titled 'How to export your products to the United States using Miami as platform'.
  • The Caribbean Investment Forum placed strategic focus on sectors such as the digital economy, renewable energy, agriculture technology (AgTech) and logistics and transportation; all sectors deemed critical for the sustainable development of Caribbean economies.

(Source: Trinidad Express Newspaper)