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12

EXPORT DEVELOPMENT & PROMOTION

Caribbean Export plays a critical role in the promotion of economic development,

andmeaningful participation of the regional private sector in the global economic

and trade environment. This is achieved through theplanning and implementation

of a series of export development and promotion programmes that facilitates

the expansion of firms regionally and internationally, while strengthening trade

and investment links with key global economies. A larger part of the Agency’s

mandate is encouraging exports, through the advancement of competitiveness,

in order to leverage global growth for regional firms.

Under the 10th EDF RPSDP, Caribbean

Export launched a series of export

promotion platforms and facilitated

the participation of regional SMEs and

BSOs in trade missions and business

linkages events, all of which have

enhanced the regional private sector’s

engagement with the Agency. In

addition these initiatives strategically

increase the access of CARIFORUM

firms to the European market. To date,

460 firms within the services sector

have participated in these export

promotion and business linkage

initiatives with European firms

(Figure

5).

Participation by females accounted

for 59% of the total.

Figure 5: Services Sector Firms Participating in Export Development and Promotion

Programmes by Industry

51%

46%

Creative Industries

Professional Services

Health & Wellness - 1%

BSOs - 2%