Define the Economic Partnership Agreement and Discuss the Ways in Which Businesses...

It is important that we examine precisely the provisions that will be available to the Caribbean Countries, as this will strengthen our discussions on slipway in which businesses in the Caribbean should organize themselves to imply advantage of the sparing Partnership arrangement. Norman Girvans article Implications of the CARIFORUM-EC EPA, examined the provisions, state that the EPA was a merchandise agreement with development components designed to open-up and develop trade in the midst of Europe and CARIFORUM, removing the barriers to trade between them and by meat of improving CARIFORUMs capacity to trade? competitively. Listed below is a summary of the actual agreement and intended objectives in which Caribbean countries could take advantage of the developments leading to the EPA. a.Contributing to the reduction and eventual annihilation of poverty through the establishment of a trade confederation consistent with the objective of sustainable development, the Millennium Development Goals and the Cotonou Agreement; b.Promoting regional integration, economic cooperation and good governance thus establishing and implementing an effective, foreseeable and transparent regulatory framework for trade and investment between the Parties and in the CARIFORUM region; c.

Promoting the gradual integration of the CARIFORUM States into the world economy, in accordance with their political choices and development priorities; d.Improving the CARIFORUM States capacity in trade policy and trade related issues; e.Supporting the conditions for change magnitude investment and private sector initiative and enhancing supply capacity, engagement and economic growth in the CARIFORUM region; f.Strengthening the live relations between the Parties on the basis of solidarity and mutual interest. To this end, fetching into account their respective levels of development and consistent with WTO obligations, the Agreement shall set up commercial and economic relations, support a... If you want to get a full essay, order it on our website: Ordercustompaper.com

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