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Wednesday, 04 April 2012

EU reproaches Caribbean region on EPA ownership

The EU representative to Antigua & Barbuda and the East Caribbean, Valeriano Diaz,  recently criticised regional governments and the private sector for moving slowly to give effect to the Economic Partnership Agreement (EPA),  signed more than three years ago. He said that CARIFORUM must “take ownership” of the economic and trade pact. “Let me make it clear that the EU has not abandoned the Caribbean […]ownership of the EPA does not belong to the European Union; it is the purview of the regional governments. They have to ensure that the legislative and other frameworks are in place so that the private sector, entrepreneurs and others can reap the benefits which the EPA offers”
According to the Antigua Observer, Ambassador Diaz urged the regional private sector to stop “standing passively on the sidelines” and be more proactive in seeking information on the EPA.
Speaking of EPA’s awareness,  he stressed that it is perplexing to  hear via the media, some business persons lamenting that they do not know much about the EPA. “We live in the information age and given the time since the signature of the agreement, this kind of defeatist attitude is difficult to understand,” he concluded.

Source: Bilaterals

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