OECS signs € 3.6 million project to develop trade capacity in the region

Stronger trade expertise and the creation of a harmonised trade information and facilitation platform in OECS Member States are key areas earmarked for development under the 3.6 million euro, EU/ACP-funded TradeCom II Agreement signed by OECS Director General Dr. Didacus Jules in Geneva, Switzerland.

At a signing ceremony held at the World Trade Organisation (WTO) in Geneva, Dr. Jules outlined the importance of the agreement for sustainable trade capacity building in the OECS and the greater integration of Member States into regional and global value chains through stronger trade in goods and services.

“For us this is not a project; it is a significant milestone on a journey that we have embarked upon since the signing of the Revised Treaty of Basseterre in 2010.”

“The Treaty provides for the creation of an economic union and enables, among other things, the free movement of people, the free circulation of goods and services and the harmonisation of trade policy.” 

“It will enable the technical and professional upgrading of trade expertise within the OECS Member States and in the Commission.  And it will also strengthen capacity for the private sector and cross border traders,” Dr. Jules said.