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Thursday, 06 January 2011

Caribbean Lagging on EPA Deadlines with Europe

Two years after Europe signed an Economic Partnership Agreement (EPA) with the Caribbean Forum countries, concerns are being raised in the region about the timeline for future negotiations in a number of areas. "In the cases of both CARIFORUM and the EU, completing the built-in agenda will be a challenging process fraught with many institutional, administrative and logistical hurdles," said a statement released Monday by the Guyana-based Office of Trade Negotiations (OTN). The OTN replaced the Barbados-based Caribbean Regional Negotiating Machinery that led the talks for the EPA. It noted that CARIFORUM, which groups the 15-member Caribbean Community bloc and the Dominican Republic, "itself faces many capacity constraints that add a different dimension to their challenges".

 Source:IPSNEWS

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