Subtitle
reflections on the performance of trade in goods under the CARIFORUM-European Union Partnership Agreement A CARIFORUM perspective
Volume, number, page
54 p.
Year of Publication
2014
Organization Name
Economic Commission for Latin America and the Caribbean
Acronym
ECLAC
Publisher
ECLAC
City
Santiago
Country of Publication
Chile
Full Date
December 2014
Considered Countries
Barbados
Dominican Republic
Guyana
Saint Kitts and Nevis
Saint Lucia
Category
Official Documents
Theme
BILATERAL RELATIONS UE - LAC
Subregion - European Union
Country - European Union
BIREGIONAL RELATIONS UE - LAC
Agreements
Association Agreeements
Strategic Partnerships
Government
Business
Keyword(s)
CARICOM
CARIFORUM
Central America
Caribbean
European Union
Foreign trade policy
Free Trade Agreements
International trade agreements
International trade and integration
Commercial policy
International Commercial Relations
Cotonou Agreement
Free trade areas
EPA
Biregional strategic association
Association Agreement
Trade Blocs
Caribbean islands
Central American Common Market
Abstract
Given the asymmetry in the levels of development and capacity which exist between the EU and CARIFORUM States, the architects of the CARIFORUM-European Union (EU) Economic Partnership Agreement (EPA) anticipated the need for review and monitoring of the impacts of
implementation. Article 5 and other provisions in the Agreement therefore specifically mandate that monitoring be undertaken to ensure that the Agreement benefits a wide cross-section of the population in member countries.The paper seeks to provide a preliminary assessment of the impact of the EPA on CARIFORUM countries. In so doing, it highlights some critical information and implementation gaps and challenges that have emerged during the implementation process. The analysis however, is restricted to goods trade. The services sector will be the subject of a separate report.
The paper draws on a combination of quantitative and qualitative analyses. While the paper undertakes a CARIFORUM-wide analysis for the most part, five CARIFORUM member states including Barbados, Dominican Republic, Guyana, Saint Kitts and Nevis and Saint Lucia are examined more closely in some instances. These economies were selected by virtue of economic structure and development constraints, as a representative subset of CARIFORUM, which comprises the CARICOM membership as well as the Dominican Republic.
implementation. Article 5 and other provisions in the Agreement therefore specifically mandate that monitoring be undertaken to ensure that the Agreement benefits a wide cross-section of the population in member countries.The paper seeks to provide a preliminary assessment of the impact of the EPA on CARIFORUM countries. In so doing, it highlights some critical information and implementation gaps and challenges that have emerged during the implementation process. The analysis however, is restricted to goods trade. The services sector will be the subject of a separate report.
The paper draws on a combination of quantitative and qualitative analyses. While the paper undertakes a CARIFORUM-wide analysis for the most part, five CARIFORUM member states including Barbados, Dominican Republic, Guyana, Saint Kitts and Nevis and Saint Lucia are examined more closely in some instances. These economies were selected by virtue of economic structure and development constraints, as a representative subset of CARIFORUM, which comprises the CARICOM membership as well as the Dominican Republic.
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