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The five Saint Lucian product lines spotlighted at the just concluded Agroalimentaria 2017 trade show in the Dominican Republic (DR) held their own and attracted interest from host country buyers as well as those from Dubai, Martinique, the US, France, Bahamas and Turks and Caicos. The Saint Lucia Trade Export… Read More…[/column]
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Approximately 40 persons from private and public sector agencies take the first step towards ITC Trade Analyst certification on Monday May 22nd. The opportunity is made possible with their participation in a six-week eCourse on Market Analysis and Research, which is a joint initiative of the Saint Lucia… Read More…[/column]
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Small Island Developing States (SIDS) were recognized as a distinct group of developing countries facing specific social, economic and environmental vulnerabilities at the United Nations Conference on Environment and Development (UNCED), also known as the Earth Summit, held in Rio de Janeiro… Read More…[/column]
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As trade across borders becomes more difficult we see countries and companies adopt different strategies to ensure a high level of competitiveness with other global parties and to explore opportunities that will lead to “Upgrading “their products or services within the “Global Value Chain”. Read More…[/column]
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This article focuses on trade agreements and the value they bring for companies in developing countries. Free trade agreements are the result of rounds of negotiations between two or more sovereign countries and protect the reciprocal unencumbered movement of goods and services between the countries. The categories of trade agreements under the World Trade Organization (WTO) are:
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It should be noted that there are regional trade agreements (RTA) which embody reciprocal trade agreements and customs unions between two or more countries. Examples of RTAs include the Caribbean Community (CARICOM) and the European Union (EU).
Source: Trade Facilitation Organisation (TFO) Canada
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Thinking about expanding your export base? You may want to get a general idea of the business environment in your target market. That information may very well assist in your decision making process as concerns which market would be the best to venture into. See some guides from TEPA’s Trade Information portal here https://exportsaintlucia.org/category/doing-business-guides/