CARIBCAN was established between Canada and CARICOM countries in 1986 to provide one-way duty-free access into the Canadian market for commodities that satisfy certain rules of origin requirements. However, after seven rounds of unsuccessful negotiations of a free trade agreement, the World Trade Organization extended the CARIBCAN waiver until 2023. A free trade agreement … [Read more...] about Are CARICOM and Canada Good Trading Partners?
Canada
Making International Trade Work for the Caribbean
The British Economist, Alfred Marshall said that the causes which determine the economic progress of nations belong to the study of international trade. Indeed, international trade is probably one of the most important drivers of economic growth for developing countries. By increasing production and export levels, an economy can realize positive benefits through greater … [Read more...] about Making International Trade Work for the Caribbean