Prime Minister strengthens trade and investment with Caribbean countries

Prime Minister Justin Trudeau and Caribbean leaders gather for a family photo at the Canada-CARICOM summit in Ottawa on Wednesday, Oct.18, 2023. Bottom row (left to right) Bahamas Prime Minister Philip Davis, Belize Prime Minister Johnny Briceno, Dominica Prime Minister Roosevelt Skerrit, Trudeau, CARICOM Secretary General Carla Barnett, Jamaica Prime Minister Andrew Holness, Saint Kitts and Nevis Prime Minister Terrance Drew and Suriname President Chan Santokhi. Top row (left to right) High Commissioner of Antigua and Barbuda Ronald Saunders, Barbados Prime Minister Mia Mottley, Grenada Minister of Foreign Affairs Joseph Andall, Saint Vincent Prime Minister Mohamed Irfaan Ali, Haiti Prime Minister Ariel Henry, Saint Lucia Prime Minister Philip J. Pierre, Prime Minister of Saint Vincent and the Grenadines Ralph Gonsalves and Trinidad and Tobago Prime Minister Keith Rowley. THE CANADIAN PRESS/Sean Kilpatrick

The Prime Minister, Justin Trudeau, concluded the Canada-Caribbean Community (CARICOM) Summit in Ottawa. During the Summit, the Prime Minister and Caribbean leaders advanced shared priorities to fight climate change, grow strong economies for the middle class, and strengthen regional security.

During the second day of the Summit, the Prime Minister convened a trade and investment roundtable with CARICOM leaders and Canadian investors to deepen business ties and create new opportunities for workers.

The leaders discussed ways to diversify trade and expand investment in key sectors like financial services, resilient infrastructure, clean tech, information and communications technologies, and natural resources management. They also discussed shared work to build sustainable economies that work for everyone, as Caribbean countries continue to recover from the COVID-19 pandemic.

To create new opportunities for businesses and workers, the Prime Minister announced that Canada is expanding the Commonwealth Caribbean Countries Tariff program (CCCT), which gives countries in the region duty-free trade access to the Canadian market for the vast majority of goods, to include textiles and apparel.

Canada is also helping businesses take advantage of our preferential tariff programs by simplifying rules of origin and shipping documentation requirements. For businesses in Canada and Caribbean workers, the Prime Minister reiterated the Government of Canada’s commitment to implement a new foreign labour program for agriculture and fish processing under the Temporary Foreign Worker Program.

Leaders also discussed their shared commitment to democracy, the rule of law, respect for human rights, and the rules-based international order. Canada will continue to work with Caribbean partners to build a more secure, stable, and prosperous future – including for people in Haiti, Venezuela, and the Middle East.  

+ posts