JIS News

Minister of Industry, Investment & Commerce, Karl Samuda will represent Jamaica at the 31st Ministerial Meeting of the CARICOM Council for Trade & Economic Development (COTED), which opens in Georgetown, Guyana tomorrow, Thursday December 2nd.
Minister Samuda will join other CARICOM Ministers to consider key Regional trade matters including Jamaica’s proposal for a monitoring mechanism for cement in the Region; and Jamaica’s application for a waiver of the Common External Tariff (CET) on 40-thousand tonnes of paddy rice for one-year – from January 1, 2011 to December 31, 2011.
The Ministerial meeting will also consider the report of the CARICOM Sanitary Evaluation Team regarding the import requirements of patties into the CARICOM market; and will receive updates on the WTO Doha round of negotiations as well as progress made so far towards the development of Regional Aid for Trade projects, and the upcoming Regional Forum on Aid for Trade for the Caribbean in January 2011.
The COTED Trade Ministers will also be seeking solutions to trade matters reported by St. Lucia, Antigua & Barbuda and Grenada. Other Agenda items to be considered during the two-day Ministerial meeting include a review of the Rules of Origin; a report regarding specifications for a required “Movement Certificate” to facilitate exports by member states to the European Union; and an update on the establishment of a Regional Patent Office.
The 31st Ministerial COTED is scheduled to end on Friday December 3rd. Minister Samuda will return to the island on the week-end.