Major private-sector bodies form CARICOM working group

KINGSTON, Jamaica - On the heels of recent public commentary regarding Jamaica's trade agreements with CARICOM comes news that four of the country's major organisations have formed a broad-based Private Sector Working Group to examine CARICOM and other free trade agreements.
The Jamaica Chamber of Commerce (JCC), Jamaica Exporters' Association (JEA), Jamaica Manufacturers' Association (JMA) and the Private Sector Organisation of Jamaica (PSOJ) have formed the committee based on feedback from their members.
The four organisations also said they believe that, given the current International Monetary Fund (IMF) agreement, and the consequent adjustments to the tax and other legislative landscape that will follow, it is critical that Jamaica's trading arrangements are structured to complement these adjustments, in order to bring long-term benefit to the Jamaican business environment.