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%