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Jamaica: Post-Brexit trade deal close to being finalised

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Monday, 12 November 2018

Jamaica: Post-Brexit trade deal close to being finalised

Jamaica’s minister of foreign affairs and foreign trade, Senator Kamina Johnson-Smith, says the technical work for the rollover of the Economic Partnership Agreement (EPA) into a new CARIFORUM-United Kingdom trade arrangement post-Brexit is close to being finalised. “The European Union (EU), I assure you, remains an important trade partner for Jamaica and our CARIFORUM colleagues, and the EPA will remain in place,” she said. “It will continue to be the framework under which we trade with the EU, so we continue to work towards its ratification and to call on entrepreneurs and other players in the private sector to explore opportunities within this framework, even as we seek to improve implementation,” she added. Meanwhile, she said that tariffs imposed by the United States on aluminium and steel continue to have little or no effect on Jamaican businesses. The minister attributed this to the “alternatives and flexibility” that exist in the trading arrangements with countries that Jamaica exports to “such that we have not been impacted”.

Source: caribbeannewsnow.com