Barbados critical to EPA success
Deputy Head of the Mission of the German Embassy to the Caribbean, Ullrich Kinne, believes that Barbados is crucial to success of the Economic Partnership Agreement (EPA) between the region and the European Union.
The EPA is an EU-proposed concessionary trade deal with countries of CARICOM and the Dominican Republic, with the stated purpose being to make it easier for people and businesses from the two regions to invest in and trade with each other and thus to help Caribbean countries grow their economies and create jobs.
Kinne’s comment came against a backdrop of the Government tabling a bill in parliament last week to incorporate the EPA into the laws of Barbados.
“This is of course very important because Barbados is a key country in the Caribbean, so this would send a strong signal that Barbados as a whole, the parliament and the people, embrace this agreement and ownership by the Caribbean,” Kinne said last night.
Kinne, who is stationed in the Trinidad and Tobago-based Embassy, flew into Barbados to be part of the opening ceremony of a two-day seminar aimed at clarifying areas of the agreement.