|| (CARICOM Secretariat, Turkeyen,
Greater Georgetown, Guyana) The Thirty-Second
Meeting of the Council for Trade and Economic
Development (COTED) of the Caribbean Community (CARICOM)
opens at the Pegasus Hotel in Georgetown, Guyana,
tomorrow 19 May, 2011.
The opening ceremony of the two-day Meeting will
be addressed by Chair of COTED, Senator the Hon.
Maxine McClean, Minister of Foreign Affairs and
Foreign Trade, Barbados, the Hon. Carolyn
Rodrigues-Birkett, Minister of Foreign Affairs,
Guyana, and Amb Lolita Applewhaite, CARICOM
Secretary-General (ag). Amb. Irwin LaRocque,
Assistant Secretary-General, Trade and Economic
Integration will chair the ceremony.
Ministers will hold discussions on a range of
matters including the impact of rising fuel and
commodity prices on the Region’s economies, the
CARICOM Single Market and Economy (CSME), and the
Region’s external economic and trade relations
including the implementation of the Economic
Partnership Agreement (EPA).
With regard to the Impact of the Rising Global
Prices of Fuel and Commodities on the Region’s
Economies, Ministers will consider the crisis in
North Africa and its effect on the Region, and the
Region’s response to the rising cost of the prices
of energy and commodities.
Among the issues that will be discussed under the
broad theme of the CSME are the status of
implementation of the COTED decision to grant
non-reciprocal preferential access for certain
products from Haiti; the Treatment of Mergers and
Acquisitions; and the Development of a Model
Consumer Protection Bill.
Discussions with regard to the Region’s external
economic and trade relations will centre on the
CARICOM-Canada Trade and Development Agreement and
developments in the World Trade Organisation (WTO).
EPA implementation matters up for consideration
include recent activities of the EPA Implementation
Unit of the CARICOM Secretariat and its work plan
for the near future, and the convening of the First
Meeting of the Trade and Development Committee under
the EPA on 9 and 10 June 2011.
The Ministerial meeting was preceded by a two-day
Meeting of officials at the CARICOM Secretariat.