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June 2015

BTEC Trainees Graduate from Job Readiness Training


BTEC-graduates-276x135

Aaron Brown- “It means a lot to me because I didn’t realize that the society cared for the youths [to that extent]. This program took me off the streets, so it’s positive for all the youth who are trying to find a job, and I advise them to come to BTEC to transform their life”

http://amandala.com.bz/news/btec-trainees-graduate-job-readiness-program/

Accessing CSME… Oppurtunities for Belizeans


CSME

Expression of Interest: Participate in the 2015 edition of the HAVANA INTERNATIONAL FAIR (FIHAV)


Caribbean Export would like to invite interested CARIFORUM firms to submit applications to participate in the 2015 edition of the Havana International Fair (FIHAV) 2015 in Havana, Cuba from November 2nd to 8th 2015.

FIHAV is the most important general trade fair in Cuba. This year will be the 32nd year that show has been convened.  All sectors of the Cuban economy takes part in this event, which succeeds in putting together the most complete national and international trade exhibition in a space that enables exhibitors and visitors to establish commercial contacts, close business operations, exchange experiences and update in new technological developments.

FIHAV features more than 20,000 square meters of net exhibition area, around 4,500 national and foreign exhibitors from over 60 countries. This year it is expected that over 150,000 visitors including important foreign official and business delegations will be attending the fair. With the strides that Cuba has made in opening its trade doors to the entire world, the potential for doing business with Cuba is stronger than ever.

Caribbean Export will sponsor representatives from CARIFORUM firms in the following sectors to participate in the 2015 edition:

  • Cosmetics and Beauty products
  • Plastics
  • Sauces and Condiments
  • Cereals
  • Beverages

Sponsorship will include:

  • Booth rental and design
  • Promotional material for the booth
  • Return airfare to Cuba for one representative of participating company from their country of origin
  • Matchmaking meetings with the major buyers in Cuba

Participants are expected to cover all additional expenses including accommodations, shipping of samples, meals and ground transport to and from Fair grounds.

Interested persons must submit the online Expression of Interest no later than July 22, 2015 at 4:30pm Barbados Time

All participation is subject to approval from Caribbean Export.

Please direct any queries to havanafair@carib-export.com

Solidifying the Caribbean as a Serious Trade Contender


Solidifying the Caribbean as a Serious Trade Contender

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The Caribbean put up an emphatic presentation at the EU-CELAC Summit 2015 in Brussels last week where over 500 delegates from Europe, Latin America and the Caribbean convened under the theme “Promoting inclusive and sustainable growth by enhancing the role of Small and Medium Sized Enterprises”.

The event hosted by the European Commission, was attended by a delegation from the Caribbean Export Development Agency (Caribbean Export), the only regional trade, export development and investment promotions Agency of the African, Caribbean and Pacific (ACP) group and who’s presence ensured the visibility of the comparatively small region against the vast populous countries of Latin America with the attending audience.  EUCELAC Summit 047comp

Deputy Executive Director of the Agency Mr. Escipion Oliveira during his presentation on Caribbean SMEs and how to integrate them in trade and investment opportunities with Europe and Latin America indicated that a paradigm shift was crucial to achieving global competitiveness.  Improving access to finance was top on the list of priorities with the promotion of specialized funds and guarantee schemes being key avenues to be explored as financing alternatives to traditional banking loans.  Access to finance is an area that plagues not only the Caribbean but also Latin America and Europe, and the Agency has already embarked on an Angel Investor programme to provide an additional funding mechanism for businesses.

Another area that the region has the potential to breed competitiveness globally is through the development of brands and geographical indicators.  This coupled with certifications that can present products or services to the international market as organic, fair trade or high quality and indigenous, would enable qualifying regional products to be significantly elevated the in the minds of consumers, increasing demand and importantly the prices they are willing to pay.

However, having great products, high in demand by European consumers could be futile for some of the regions business owners.  As Mr. Oliveira pointed out to the audience of policy makers and government officials “it’s difficult to do business when you can’t access the EU market”.  His remarks were made in reference to the challenges some Caribbean nationals have in obtaining visas to travel to the UK and other parts of Europe.  The visa issue however is not only a problem crossing the Atlantic, but also within our own region where the freedom of movement between the islands together with transportation and logistical issues remains a major hindrance to the fostering of profitable regional trade.

Thus, it should be noted that the EU and CELAC account for a quarter of the market for global goods and services, providing a great opportunity for Caribbean firms to boost trade and in turn stimulate economic growth.  SMEs play a key role in generating employment and the EU supports SMEs in the Caribbean through the Regional Private Sector Development Programme (RPSDP) currently being implemented by Caribbean Export, to become more competitive and improve international trade with Latin America and Europe.

PRESS RELEASE: LPG Price Change


Press Release - LPG Price Change 19-6-15_001Press Release - LPG Price Change 19-6-15_002

Please note the new LPG prices your respective area.

Thank you!

Initiative Faces Logistical Challenges


Initiative Faces Logistical Challenges

According to Ocampo, there are several logistical challenges that the initiative is faced with, including the harmonization of participating countries.
Fernando Ocampo, Consultant, CENPROMYPE

“The huge challenge here is coordination, I mean trying to put together so many countries, to try to implement specific measures in many, many areas.  It involves customs authorities, immigration authorities, sanitary authorities, not just in one country but also in different countries trying to put all the ideas together and validate it with different actors implementing these types of measures.  Of course it’s a big challenge, I mean if you think that at a border if you try to implement for example a single window to try to help the small companies to cross the border, you need to put together customs, immigration, sanitary measures, your police department, et cetera, not just in one country.  Again, it’s in all countries.”

http://edition.channel5belize.com/archives/114882

Free Movement of People in the SICA Region


Consultation workshop for a strategy to improve regional market access for MSMEs and free movement of people in the SICA region.

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The Belize Trade and Investment Development Service (BELTRAIDE) has been working on the development of Belize’s MSMEs competitiveness as they represent a high contribution on employment and economic development in Belize.  Our aim is to improve the MSMEs position in the market and take the opportunities that the regional market gives.

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The objective of this workshop is to present the results to the Board of Directors of SIECA, CENPROMYPE and SITCA in order that the recommendations will result in initiatives that promote the use of economic integration and trade, particularly for small businesses of the region.

Expression of Interest: Participate in the 2015 edition of the HAVANA INTERNATIONAL FAIR (FIHAV)


CE Logo 2013

Caribbean Export would like to invite interested CARIFORUM firms to submit applications to participate in the 2015 edition of the Havana International Fair (FIHAV) 2015 in Havana, Cuba from November 2nd to 8th 2015.

FIHAV is the most important general trade fair in Cuba. This year will be the 32nd year that show has been convened. All sectors of the Cuban economy takes part in this event, which succeeds in putting together the most complete national and international trade exhibition in a space that enables exhibitors and visitors to establish commercial contacts, close business operations, exchange experiences and update in new technological developments. Continue reading “Expression of Interest: Participate in the 2015 edition of the HAVANA INTERNATIONAL FAIR (FIHAV)”

How To Successful Run A Family Business


Today, business owners who keep it in the family and hire other relatives, were invited to attend a workshop organized by BELTRAIDE, the Inter-American Investment Corporation, and FINPYME.
They were there to take discuss issues the secrets to success for the families, communications and conflict management, family governance, family meetings, councils, company constitution, ethics, and a host of other issues that business owners face on a daily business in this type of commercial module.

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We stopped by and spoke with the organizers and asked about the hypothetical about what to do when a family member in the company believes that he or she can be negligent or non-performing, and still be protected from termination simply because of relation to the bosses. Here’s what they told us:

Shahera McCoy – Manager, Export Belize Beltraide
“We have partnered with the IIC on several of FINPYME activities. As you may recall, last year we did FINPYME export plus where several companies benefited. We are doing FINPYME Family business today because of just the nature of a lot of the Businesses in Belize. A lot of them are Family owned and sometimes it’s a bit challenging to be in business with the family and separating that whole family dynamic from the business dynamic. And so today, what we are doing is introducing concepts that have been used by family businesses elsewhere to have them better manage their business better as a family. To put protocols in place so that there is not all these challenges that their currently facing. One of the other things that we recognize at times is succession planning, who takes over after the first generation is ready to move on or retire. So all these things are the kind of information that will be shared today through FINPYME family business. As a follow up, there is also an opportunity for additional technical assistance for some of the companies for the FINPYME team to work with them on specific challenges that they may be facing as a family owned business.”

Daniel Ortiz
“It can sometimes turn into a welfare program where one member slacks behind and the other members have to pick up the rest of the weight. How does one manage that aspect that each family member must contribute equally for the benefit of the whole?”

Shahera McCoy – Manager, Export Belize Beltraide
“Well, some of those issues were already raised in the session this morning because as the facilitator, who has a lot of experience has mentioned, sometimes people view family business as having nepotism in there. And so one of the key concept that was shared, is to actually separate roles, to understand the roles of every family member and to have roles that don’t cause conflict of interest. And so what was shared this morning is that, when we are looking at ownership, directorship and management of the company, you have to really do the separation and ensure that everybody understands their role even though they are a family member.”

The workshop was an all-day session.

http://www.7newsbelize.com/sstory.php?nid=32597&frmsrch=1

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