International merchandise trade is booming. Exports of many countries are growing at double digit rates and global trade has already surpassed the pre-pandemic levels of 2019. However, the global trade recovery hides an important asymmetry: small economies and the poorest countries are falling behind. Their recovery is not yet in sight.
Governor-General Sir Cornelius A Smith read the Speech from the Throne on Wednesday, October 6, 2021 at Baha Mar’s convention centre.
Assuming continued recovery in 2022, driven mainly by increased vaccinations and greater comfort with international travel, we expect The Bahamas to have another year of very high economic growth rates.
Many Caribbean countries mark Emancipation in the month of August. Indeed, the CARICOM Community celebrates this historical milestone on 1st August annually. During this time, we reflect on the end of slavery which will forever remain a stain etched on the collective conscience of humanity. We use the remembrance of Emancipation to celebrate the deep and inextricable bonds we as Caribbean people have with Africa. Thus far, these connections have largely remained in the historical, cultural and people spheres. This must change to also include translating our excellent ties into trade and investment relationships that will redound to the benefit of people here in our Region and in Africa.
The Broward County Office of Economic and Small Business Development invites you to attend its free virtual Export Readiness Seminar three-part series to educate businesses on how to become export ready.
