BVI Hosted Meeting of Task Force on Trade and Investment

On May 30-31, 2013, the seventh meeting of the EU Overseas Countries and Territories (OCT) Task Force on Trade and Investment was organized in the British Virgin Islands with participation of Caribbean Export Development Agency as chair of the CARIFORUM, and French Caribbean Outermost Region (FCOR). During these two days, the members of the task force were examining key developments that have taken place in 2010-2012 and have related to the CARIFORUM-EU relationship, including an update on the CARIFORUM-EU partnership strategy, deliberations in the CARIFORUM-EU EPA institutions and an update on EDF programming.

The EU Overseas Countries and Territories (OCT) Task Force on Trade and Investment is promoting dialogue on issues related to trade and investment, and assisting with the projects between CARIFORUM states and the French Caribbean region, which is part to the European Partnership Agreement through its political status with the French Republic.

At the opening of the Trade and Investment task force meeting, BVI Premier Dr Orlando Smith said: “Although BVI has only observer status in the organisation we are proud to be part of a forward moving process and congratulate the region for being able to move forward with the European Partnership Agreements (EPA) with the European Union (EU).”