OECS acknowledges need to respond appropriately to changing global trade environment

Trade ministers from the Organization of Eastern Caribbean States (OECS) began a two-day meeting against the backdrop of a changing global trade environment and the need for the subregion to respond appropriately to those changes.

 

Grenada's Minister of Foreign Affairs, Trade and Export Development, Joseph Andall, told the Sixth Council of Trade Ministers meeting that the OECS would need to strategise for dealing with changes being called for within the World Trade Organization, the United States' new trade arrangements as well as the situation within the wider CARICOM. 

 

Mr. Andall said with a functioning economic union and a fully operational customs union, as well as the free circulation of goods, the OECS would be better positioned to influence the speed and trajectory of the CARICOM Single Market and Economy that allows for the free movement of goods and skills, labour and services across the 15-member grouping.