UK Commits $1 Million to Accelerate Trade Facilitation for Developing Countries

UK Commits $1 Million to Accelerate Trade Facilitation for Developing Countries

By Caribbean Business Report  The United Kingdom has announced nearly $1 million in new funding to extend the decade long “Accelerate trade facilitation” programme for another year. Established in 2015, the programme is a collaborative initiative led by UN Trade and Development (UNCTAD), His Majesty’s Revenue and Customs (HMRC) of the United Kingdom, and the […]

Why the US Should Strengthen Trade Ties with the Caribbean

Why the US Should Strengthen Trade Ties with the Caribbean

By Sir Ronald Sanders | Editorial credit: Fokke baarssen / shutterstock.com  A rules-based international trading system has long been a foundation of global commerce, providing stability, fostering investment, and ensuring fair competition. Though imperfect, it has helped to underpin economic growth worldwide, benefiting major economic powers particularly, but with some benefits to smaller states as […]

CDB: More Investments Need to Improve Competitiveness in Trade

CDB: More Investments Need to Improve Competitiveness in Trade

By Caribbean Business Report | Photo credit: Ms. Barbara D’Adrea Adrian, Chief of the International Trade Statistics Section Regional governments should increase investment in trade enabling initiatives which strengthen both competitiveness and efficiency, says Ian Durant, the Caribbean Development Bank’s (CDB, the Bank) Director of Economics. Speaking at the joint Regional Workshop on Measuring Digital […]