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Jamaica Exporters’ Association wants stimulus package

Published:Thursday | February 13, 2014 | 8:40 AM

Jerome Reynolds, Staff Reporter



KINGSTON, Jamaica:

The Jamaica Exporters’ Association (JEA), wants the Government to give the sector a stimulus package.




The association says the government should use the revision of Jamaica’s National Export Strategy, which is currently being carried out, to provide strategic interventions to grow Jamaica’s exports.



It says over the past three years, under the National Export Strategy, the country has realised increases in the values of non-traditional export earnings.



According to the association, US$594.7 million was recorded in 2010, US$671.5 million in 2011 and US$826.9 million in 2012.



The association says this highlights that there is room for growth.



It says the stimulus package should seek to strengthen linkages with the Agricultural sector; facilitating market innovation and development strategies and; sustained export promotions.



The JEA says it’s ready to collaborate with the Government to develop a relevant programme for the sector which it says would include urgent reforms to Customs and creating an enabling environment for the productive sector.



The association says if the country is to realise significant increases in exports it is critical that these initiatives are given priority.



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