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Friday, 18 March 2016

EC $1.2m to Raise Trade Standard

The Ministry of Trade, Energy and Employment has received funding to launch two critical projects for the advancement of trade in Dominica. One project is geared at enhancing Dominica’s trading environment and trading capacity through the implementation of the European Union-CariForum Economic Partnership Agreement (EPA) and the other is to build a robust consumer protection framework for trade on the island. The Hon Minister for Trade, Energy and Employment, Ian Douglas addressed the launching ceremony at the Fort Young Hotel on Wednesday, February 17th. “These projects are expected to increase the pace of the EPA’s implementation and upgrade food safety standards and management systems in selected enterprises,” he explained. It is also aimed at increasing awareness of the Consumer Protection Policy. The EU-CariForum economic partnership agreement was ratified by Dominica in November 2009 following which Cabinet approved the establishment of an EPA and trade implementation unit. The Hon. Trade Minister says this project is timely as it will ensure the proper implementation of the EPA which he says complements the work of Government. “We continue to ensure that the international and regional treaty obligations are met market and the market access opportunities are being created through active negotiations with third party states in our capacity as a member of the CARICOM.”

Source: Government of the Commonwealth of Dominica