Wed | Oct 18, 2017

Antigua to host three-day regional conference on services in trade

Published:Saturday | October 15, 2016 | 11:34 AM

ST JOHN’S, Antigua (CMC):
A three-day conference aimed at developing regional strategies and action plans to boost investments, output, employment and trade in the services sector gets underway in Antigua on Monday.

The conference will bring together the various stakeholders in the services sector from the private and public sectors from throughout the Caribbean Forum (CARIFORUM) region and will focus on increasing business in several priority areas including professional services, information and communication technologies (ICT), financial services, health and wellness services and education services.

Head of Services at the Guyana-based Caribbean Community (CARICOM) Secretariat, Timothy Odle, said the proposed action plans will set a benchmark to increase exports in these services by up to four percent per annum to help drive much needed energy in Regional economies.

The plans are expected to target increased business and exports within the CARICOM Single Market and Economy; between CARICOM and the Dominican Republic which together make up CARIFORUM; between the CARIFORUM Member States and the European Union which has provided financial support to boost the Region’s trade opportunities with it; and between the Region and the rest of the world.

The Symposium will be chaired by Prime Minister Gaston Browne, who has lead responsibility for Services in CARICOM.

The Secretariat said that he will receive the Strategies and Plans and also share his vision for the Sector.