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Prime Minister and Chair of CARICOM, Dr. the Most Hon. Andrew Holness, has announced a CARICOM-level committee to review and propose measures to reduce barriers to regional trade.
The team will be led by Jamaica’s Foreign Affairs and Foreign Trade Minister, Hon. Kamina Johnson Smith, and Minister of Foreign Affairs of Barbados, Kerrie Symmonds.
Dr. Holness said the members will be charged with “examining how we can reduce, if not totally remove, these non-tariff barriers and to standardise procedures across the board to facilitate greater trade intra-regionally”.
He was addressing a Business Forum Breakfast held at Sandals Montego Bay in St. James on Tuesday (July 8).
The move is in response to recent changes in the United States (US) trade policy, specifically the implementation of a 10 per cent baseline tariff on all imports from CARICOM countries.