Previous Page  82 / 104 Next Page
Information
Show Menu
Previous Page 82 / 104 Next Page
Page Background

82

the private sector for sustainable and

inclusive development.

The meeting, which was held in

Barbados, gathered information on the

following:

• Areas for strategic focus and

programmes - identification of the

broad areas of intervention

that are thought to be most

important for the Caribbean,

including sectors as well as actions

(e.g. finance, technical assistance,

training, etc.) that may cut across

sectors. Additionally, specific

areas for intervention

(programmes and projects) were

identified;

• Targeting and implementation

modalities - identification of

targets (countries, sectors,

groups, institutions, etc.) and

modalities for implementation

(e.g. programmes/projects

managed by Programme

Management Units in Brussels, by

ACP Secretariat, international

organisations, regional

organisations, etc.);

• National and Regional

Intermediaries - Identification of

agencies, institutions,

corporations, etc. through which

programme support should be

channelled; and

• Potential strategic partners

Identification of other entities (the

ACP Group is European focussed

and all programmes are financed

by the European Commission),

which can partner with the ACP in

the implementation of its private

sector development strategy.

As a follow up to the consultation, the ACP Secretariat will complete and

disseminate the private sector development strategy.

PUBLIC-PRIVATE SECTOR DIALOGUE VALIDATION MEETING

In 2014, following a request from the CARICOM Secretariat and a mandate from

the Ministers of the Council for Trade and Economic Development (COTED),

Caribbean Export commissioned a consultant to undertake a study examining

the status of regional public-private dialogue. The study presented an analysis

of the issues presented and made recommendations on the way forward for the

regional private sector. Entitled Public-Private Sector Dialogue: A Roadmap for

Reengagement, the study also identifies a path for a speedy return to regional

public-private sector dialogue that will ensure the achievement of growth and

sustainable development goals for the region. These findings were presented at

the 39th Regular Meeting of COTED.

In March 2015, Caribbean Export convened a validation meeting for 32 regional

stakeholders to examine and discuss the findings and recommendations of this

study, with the aim of achieving consensus on the way forward for regional

private sector representation, and determining the next steps in implementation,

including timelines, of the agreed way forward. The conclusions of the meeting

were presented at the 40th Regular Meeting of COTED, in April 2015. Participants

included several high-level representatives from various regional private

sector advocacy organiSations, including manufacturers’ associations, industry

associations, coalitions of service industries, and chambers of commerce. The

meeting was a combination of plenary and sessions.

Key decisions agreed upon by participants included that:

• The Caribbean Business Council (CBC) should remain the best vehicle for

vibrant and effective public private dialogue (PPD) in the Caribbean;

• The formulation of the CBC shall be designed to achieve an early harvest of

benefits, specifically an established relationship with the Caribbean

Community and its institutions;

• The CBC shall progress to more robust forms of organisation and PPD

engagement;

• The CBC should be fully functional by the end of the third quarter of 2015;

• To establish a steering committee with a mandate of reviewing the

constitution of the CBC within three months, reviewing good practice, such

as the OECS Business Council and extra regional sources, for organising PPD,

developing a business plan to guide the operations of the CBC, and

STRENGTHENING CARIBBEAN EXPORT’S

INSTITUTIONAL CAPACITY

s

,