Expanding Trade under the CARIFORUM-UK Economic Partnership Agreement
The Department for International Trade (DIT) in partnership with Caribbean Export Development Agency (CEDA) will host a high-level virtual summit on the CARIFORUM-UK EPA on Wednesday, November 24th, 2021 at 9:00 am. The summit will focus on tangible opportunities to grow trade between the UK and the Caribbean. It will explore the benefits of the EPA for the private sector and priorities for traders, and provide an update on EPA implementation so far. Private sector representatives will share their experiences on doing business in the UK and the Caribbean along with practical tips on using the EPA to set-up, scale and grow their businesses. Participants will also have the opportunity to share their own priorities and perspectives on growing UK-Caribbean trade.
About the CARIFORUM-UK EPA
The UK successfully signed an Economic Partnership Agreement with 14 CARIFORUM Member States, which is now in effect. CARIFORUM States commit to gradual tariff liberalisation of UK goods to dynamic markets in the Caribbean. The UK provides immediate duty-free, quota-free access to goods exported from CARIFORUM States. The Agreement also has provisions on other modern trade issues such as trade in services, investment, government procurement, intellectual property and competition policy.