Document

Report
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
Tourism
9%
Agriculture
16%
Professional Services
9%
Agro-Processing
19%
Manufacturing
28%
BSOs
6%
ICT
1%
Health & Wellness
4%
Creative Industries
8%
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
THANK YOU

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