The AgriBusiness Value Chain Trade and Investment Challenges and Opportunities Dav-Ernan Kowlessar Caribbean Association of Industry & Commerce
Contents
• The CAIC • Pattern of CARICOM Trade 5 years to 2016 • The AgriBusiness Value Chain • Challenges • Opportunities
The Caribbean Association of Industry and Commerce
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1955 Founded
Mission
Vision
Representation
Began as a private sector mission of the West Indian Incorporated Chambers of Commerce
Facilitate development, growth and competitive positioning of Caribbean Businesses and represent their interests
Create Caribbean Private Sector that is internationally competitive and cohesive in its approach to challenges and opportunities
ACS definition of the Caribbean – Central America, Coast of South America and bordering islands of the Caribbean Sea Basin
www.carib-commerce.org
Overview of Trade Major Sources of CARICOM Imports 2011-2016 Rest of the World 15%
Major Destinations of CARICOM Exports 2011-2016 Selected Asian Countries 3%
CSME 13%
Selected Asian Countries 13%
Rest of the World 13%
CSME 15%
EU 14% USA 33%
EU 10%
LAIA 13%
USA 43%
LAIA 16%
Source: Snapshot of CARICOM’s Trade: Series 2 CARICOM’s Total Trade Summary by Trading Partners 2011-2016
Overview of Trade
Source: Snapshot of CARICOM’s Trade: Series 2 CARICOM’s Total Trade Summary by Trading Partners 2011-2016
Overview of US Trade - Imports
Source: Snapshot of CARICOM’s Trade: Series 3 CARICOM’s Trade with USA, Canada and NAFTA 2011-2016
Overview of US Trade - Exports
Source: Snapshot of CARICOM’s Trade: Series 3 CARICOM’s Trade with USA, Canada and NAFTA 2011-2016
The AgriBusiness Value Chain
AgriBusiness Sustainability Suppliers Disaster Risk Reduction MSMEs
Challenges
- Impact of Derisking on SMEs - Mercantilism Power and its effects on Forex and representation - Informal to Formal sector based on regulatory requirements - Innovation at a cost - Waste reduction in the Supply Chain
Opportunities
- Innovation allows for new SMEs to emerge with modern technology - Blockchain technology can make doing business “easier� - Trade Agreements up for review Cotonou, EPA, CBI, new markets with new rules and opportunities - Framework of HR4939 allows for increased trade with US to export through tourism channels and directly
Contact Us
P.O. Box 6541 TTPOST Maraval Trinidad & Tobago
www.carib-commerce.org Facebook.com/theCAIC
1 (868) 628 4478
administration@carib-commerce.org