EPA agreement will benefit both sides, says new EC ambassador

EPA agreement will benefit both sides, says new EC ambassador

February 12, 2008
Caribbean Net News

ROSEAU, Dominica: The Economic Partnership Agreement (EPA) between the European Union and CARIFORUM offers an opportunity for both sides to strengthen trade.

Acting PM George meets new ambassador of the EC

This disclosure was made by new Ambassador and Head of Delegation of the European Commission to Barbados and the Eastern Caribbean, Valeriano Diaz after he had presented his Letter of Credence to the President of Dominica, Dr Nicholas Liverpool, on Monday.

The EPA, essentially a trade and development agreement that covers market access in goods, services and other trade related issues, will allow Caribbean goods to enter the European Union duty free and quota free as from the first of January this year, the new Ambassador stated.

“This agreement will offer an opportunity to both sides to strengthen trade relations, an important area for middle-income countries like Dominica, while taking into account the specific characteristics of small island economies. This will surely have beneficial effects also on regional integration,” Diaz stated at the Presentation of Credentials.

Diaz added that the “European Union has been supporting, since the very beginning, closer economic integration as well as functional cooperation in the Caribbean”.

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