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    ECLAC Releases FDI in LAC Report 2019

    The Economic Commission for Latin America and the Caribbean (ECLAC) has released the 2019 edition of its flagship Foreign Direct Investment in Latin America and the Caribbean Report. The report notes that “in contrast to the global trend, flows of Foreign Direct Investment (FDI) to Latin America and the Caribbean increased by 13.2% in 2018 versus 2017, totaling $184.287 billion dollars and putting an end to five years of declines”. It further states that “in the Caribbean, inflows shrank by 11.4% due to lower investment in the Dominican Republic ($2.535 billion dollars, -29%), which is the main receiver in that…

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    OPPORTUNITY: Local Manager Consultant for the ProFuturo

    Local Manager Consultant for the ProFuturo Educational Programme in [BARBADOS] Type of contract: Results-based – Part time consultancy Organisational Unit: Department of Human Development, Education & Employment Estimated Start Date: September 1st, 2019 Estimated End Date: December 31st, 2019, Deadline for Application: August 18, 2019 ProFuturo Educational Programme in the Caribbean is a joint initiative of the OAS and ProFuturo Foundation to provide access to digital education for children and youth from the most disadvantaged areas in the Caribbean. Focusing on the acquisition of skills through technology, this programme contributes to creating equal opportunities for children in the region. The…

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    Exports of essential oils from the Caribbean to Europe are increasing due to the boom in natural cosmetics

    According to a recent article posted by the Caribbean Export Development Agency, there is a growing market for Caribbean essential oils in Europe. The article notes that”in the past year, exports of essential oils from CARICOM to the EU have grown by 33%”. The article further explains that “in 2018, Caribbean countries (CARICOM) exported essential oils valued at over 32 million euros to the EU,which represents 8% of all imports to the region”. Read the full article here.

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    WIPO Internship and Fellowship Opportunities

    The World Intellectual Property Organization has a number of internship opportunities available for undergraduates and graduates, as well as fellowship opportunities for young professionals. WIPO internships and fellowships are available year-round and are open to persons from across the world, including the Caribbean. Please see the below documentation which outlines the details of each programme: WIPO Internships WIPO Junior Professional Officer WIPO Fellowships For further information, please visit WIPO’s website.

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    CCJ Upholds COTED’s Decision on Cement Classification

    Port of Spain, Trinidad. The Caribbean Court of Justice (‘CCJ’) today delivered a judgment which upholds the classification decision of the CARICOM Council for Trade and Economic Development (‘COTED’)  on cement, known as Rock Hard Cement, imported and/or distributed within CARICOM by Rock Hard Distribution Limited, Mootilal Ramhit and Sons Contracting Limited and Rock Hard Cement Limited. These proceedings in the CCJ’s Original Jurisdiction mark the finale of complex litigation which has resulted in five separate judgments and numerous orders thus far. Today’s judgment settled the dispute as to whether Rock Hard Cement ought to be classified as ‘Building cement…

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    Preparing Brexit: No Deal

    New analysis from the Institute for Government, a leading UK-based think tank, discusses what newly appointed UK Prime Minister Boris Johnson will need to do in his first 100 days to prepare for no deal, and what he will have to do after October 31 if the UK leaves the EU without a deal. The report was authored by Joe Owen Maddy Thimont Jack Jill Rutter. The report may be accessed here. Please feel free to discuss in the comments section below what implications you think a no deal Brexit may have, especially for the rollover agreement CARIFORUM signed with…

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    CARIFORUM Embarks on critical Human Trafficking study

    (CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Efforts to address the issue of Human Trafficking in the CARIFORUM Region are being bolstered with a new study on Human Trafficking that is expected to provide a greater understanding of the problem within and across its borders. Canadian firm, Dunn, Pierre, Barnett and Company, Canada Limited, has been engaged by CARIFORUM to conduct the comprehensive study. The countries involved include Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Dominican Republic Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St Kitts and Nevis, St Vincent and the Grenadines, Suriname and Trinidad and Tobago. The study…

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    Food Security – Our Concern

    By: Neil C.A. Paul We in the Caribbean are faced with increasing food bills and escalating costs of food in the context of highly volatile prices. The food security situation is alarming when one considers that the food import bill in the region is upwards of five billion US dollars. In the recent past, rising food prices globally sparked off a series of debates among academics, farmers, the private sector, government officials and politicians. The debates attempted to apportion blame for the food price hikes to various quarters including the bio fuel industry primarily where food such as corn and…

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    Is Food Security the Problem?

    By Neil C.A. Paul As I grapple with the Food Security Situation, I am a little concerned…Is Food Security the problem or a result of a bigger problem? I am concerned because we must identify clearly what is the problem if we are to devise workable solutions. I am told by some colleagues that the problem is a lack of productivity. Others surmise that the problem stems from a negative view, impression, perspective of agriculture as a profession…business… career. Still some view the problem from a policy perspective where commission agents are allowed to import cheap food at the detriment of…

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    CARICOM a strong partner for UN – Political Chief

    Photo Caption: A family photo of the 10th General Meeting of the Caribbean Community and the United Nations System, on Tuesday 23 July 2019, at the CARICOM Secretariat Headquarters in Georgetown, Guyana. (CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana)     United Nations (UN), Assistant Secretary-General for Political Affairs, Mr. Miroslav Jenča on Tuesday 23 July 2019 lauded the multi-faceted cooperation between the UN and the Caribbean Community (CARICOM), noting “we can all be proud of the great achievements that it has yielded.” Mr Jenča highlighted the multi-agency UN-CARICOM cooperation in the “laudable initiative” to adopt and implement a Counter-Terrorism Strategy. This is but…

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