Inaugural Meeting of the EPA Trade and Development Committee convenes in Barbados on 9 and 10 June (06/06/2011)
A number of Economic Partnership Agreement (EPA) trade related and development issues will be addressed, when the inaugural meeting of the joint CARIFORUM-European Union Trade and Development Committee (TDC) takes place in Barbados on 9 and 10 June at the Amarylis Hotel.
Some of the Trade in Goods issues scheduled for discussion are tariff reductions, application for non-tariff barriers for Martinique and Guadeloupe as well as the tariff liberation schedule for motor vehicle, parts and components. Trade in Services topics will include Mutual Recognition Agreements for architects and engineers; modalities for exchanges and consultations relating to tourism services and cultural co-operation. The two sides will also discuss other trade matters such as public procurement, data protection and innovation.
The TDC comprises senior trade officials from signatory parties to the EPA, including the 15 CARIFOPRUM states and the European Union. The European side to the meeting will be lead by Director for Trade Mr. Peter Thompson from European Commission headquarters in Brussels.
The Trade and Development Committee assists the joint CARIFORUM-European Union Council – a ministerial body which is ultimately responsible for the implementation of the EPA signed between CARIFORUM and the European Union in 2008. Specifically the TDC supervises trade related issues, implements EPA-related commitments, mediates problems that arise and reports back to the Council.