St. Lucia Star " On January 1st the Economic Partnership Agreement (EPA) between the European Union and CARIFORUM will take effect. Negotiations between the two parties concluded in Barbados last Sunday with Caribbean nations signing on the dotted line.
The EPA will allow Caribbean goods to enter the European Union duty free and quota free while there is a phased period between three to 25 years for European goods to enter CARIFORUM markets duty free as well as an important number of exclusions for sensitive products. Initialing on behalf of the two sides were Karl Falkenberg, the European Commission’s Deputy Director General for Trade and Ambassador Richard Bernal, Director General of the Caribbean Regional Negotiating Machinery. A ministerial signature of the EPA is foreseen no later than April 2008 possibly in Barbados."
The EPA will allow Caribbean goods to enter the European Union duty free and quota free while there is a phased period between three to 25 years for European goods to enter CARIFORUM markets duty free as well as an important number of exclusions for sensitive products. Initialing on behalf of the two sides were Karl Falkenberg, the European Commission’s Deputy Director General for Trade and Ambassador Richard Bernal, Director General of the Caribbean Regional Negotiating Machinery. A ministerial signature of the EPA is foreseen no later than April 2008 possibly in Barbados."
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