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PREPARATIONS STEPPED UP FOR AGRICULTURAL BUSINESS FORUM

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) With food prices soaring in the Caribbean and around the globe and its annual food bill expected to climb this year, the Caribbean Community (CARICOM) is taking a proactive approach to the issue by hosting an international investment Forum in Guyana early next month tailored specifically to attracting investment for its agriculture sector.

COTED TO FOCUS ON FOOD SECURITY

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) As the Region continues to identify and implement measures to achieve food security in a time of spiraling cost of living, the Council for Trade and Economic Development (COTED) of the Caribbean Community (CARICOM) will meet in a special session next week to deal with agriculture.

MINISTERIAL STATEMENT ON BANANAS

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Trade Ministers of the Caribbean Community, meeting at the Twenty-Sixth Special Meeting for the Council of Trade and Economic Development in Antigua and Barbuda on 10 May 2008, examined various issues relating to the Region’s banana industry, in particular, matters affecting the level of preferential access to the European market -- preferences that have been instrumental in raising thousands of small farmers out of poverty while enabling them to achieve commendable levels of social and environmental responsibility.

EPA TO BE SIGNED IN JULY

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) The Economic Partnership Agreement (EPA) between the European Commission (EC) and the Caribbean Forum of African, Caribbean and Pacific States (CARIFORUM) is to be signed in July 2008.

At the Twenty-Sixth Special Meeting of the Council for Trade and Economic Development (COTED) which wrapped up in Antigua and Barbuda on Saturday 10 May 2008, Ministers considered possible dates for signing and the provisional application of the Agreement and reported they were in consultations with the EC on the subject.

JAMAICA, GUYANA TO HOLD RICE TALKS

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Jamaica and Guyana are to hold discussions at the highest level to find a solution to the current rice impasse.

The rice issue was raised at the just-concluded Twenty-Sixth Special Meeting of the Council for Trade and Economic Development (COTED) in Antigua and Barbuda, where discussions were held on Jamaica’s need for a stock of rice due to an emergency situation, and Guyana’s ability to supply the commodity.

MINISTERIAL STATEMENT ON BANANAS

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) Trade Ministers of the Caribbean Community, meeting at the Twenty-Sixth Special Meeting for the Council of Trade and Economic Development in Antigua and Barbuda on 10 May 2008, examined various issues relating to the Region’s banana industry, in particular, matters affecting the level of preferential access to the European market -- preferences that have been instrumental in raising thousands of small farmers out of poverty while enabling them to achieve commendable levels of social and environmental responsibility.