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DominicanRepublic,Jamaica,Suriname
and Trinidad and Tobago. Essentially,
the NTINs will provide information
to Caribbean Export, which will
include economic data, market access
conditions, business requirements,
local buyers and suppliers. Businesses
will therefore have access to the data
through the portal or via direct contact
with the Agency in the form of a
helpdesk.
Market Study on Opportunities for
Enhancing Export Trade between
Guyana-Suriname-Brazil
In 2013, Caribbean Export conducted
a study, to access the viable trade and
investment opportunities amongst
Guyana, Suriname and Brazil (Troika);
and designed an actionable strategic
plan for enhancing export trade
among the grouping. From the study
entitled
Assessment of Framework and
Opportunities for Enhancing Export
Trade between Guyana/Suriname/
Brazil in Market Consultations
, a
Troika Trade Assessment Plan (T-TAP)
was developed. This plan includes
a road map and action plan for
achieving export growth in trade, the
identification of key sectors and sub-
sectors, products and services that
are export ready, key institutional
relationships between trade support
institutions that require strengthening,
and the external financial and
technical support programs that could
be accessed to implement the action
plan. Representing the final stage
of preparation for the final report, a
Validation Workshop for the study was
organised in collaboration with the
Suriname Business Forum. Held in Suriname in February 2014, the workshop
brought together 74 participants from BSOs, TPOs and the private sector in the
Troika to discuss the findings of the report and introduce the proposed T-TAP
strategy to follow.
The strategy identified:
• The sectors that are considered export ready and can be promoted;
• The steps required to overcome barriers to trade;
• The areas that require capacity building in public and private sector
trade organisations;
• The financial and technical support programmes that may be
available to support Guyanese and Surinamese firms to implement
this strategic plan to increase their trade with Brazil.
On review of the findings, stakeholders provided recommendations for the study
to include the establishment of trade desks in the Suriname Business Forum as
well as the Private Sector Commission of Guyana, to provide training, trade and
market intelligence, and trade show support for export ready firms.
Market Opportunity Briefs
In keeping with Caribbean Export’s mandate to support the growth of firms, 13
of the following market pointers (briefs) were developed based on the requests
submitted to the Agency:
• Tiger Malt to Germany - Banks Holdings Limited
• West Indian Hot Sauce to the United States - Baron Foods
• Rum to India - West Indies Rum and Spirits Producers Association
(WIRSPA) Inc.
• Rum to China - WIRSPA Inc.
• Clayton’s Kola Tonic to the United Kingdom - Armstrong Agencies
• 10 Saints Beer to Belize - 10 Saints Brewery Ltd.
• Brana Beer to Jamaica - Brana Prestige
• Organic Soap to Canada - Ibis Products
• Shampoo to Canada - Ibis Products
• Beer Market in Jamaica for Brana Beer - Brana Prestige
• LED Products to Jamaica -
Caribbean LED Lighting
Company
• Tetley Tea to Ghana - Jamaica
Teas Ltd.
• Herbal Tea to Kenya - Jamaica
Teas Ltd.
PROMOTING TRADE
AND EXPORT DEVELOPMENT