THE STAR BUSINESSWEEK JANUARY 27, 2018
WWW.STLUCIASTAR.COM
LEVERAGING THE EPA
IT’S BEEN IN FORCE FOR A DECADE, BUT ARE CARIBBEAN BUSINESSES MAKING THE MOST OF THE ECONOMIC PARTNERSHIP AGREEMENT?
EU recommends removing Panama and 7 others from tax haven blacklist European officials have recommended that eight countries, including Panama and Tunisia be moved from the EU’s tax haven blacklist to its grey list, after they promise to reform. Page 3
BY CATHERINE MORRIS, STAR BUSINESSWEEK CORRESPONDENT
EU imposes sanctions on Venezuelan and North Korean officials This year marks a decade since CARIFORUM joined with the European Union to sign the Economic Partnership Agreement (EPA), a landmark piece of legislation that ushered in a new era of trade relations. The overarching goal of the EPA was to create a partnership that would not only improve market access, but also encourage sustainable development and promote greater regional and international integration. It was an important step into the world economy for CARIFORUM States, but many feel that businesses are still not fully exploiting the legislation and missing out on all the European market has to offer. Continued on page 4
The EU has imposed travel bans and asset freezes on top Venezuelan government officials and North Korean diplomats accused of breaking sanctions across Africa and Asia. Page 7