St Georges, Grenada
The European Partnership Agreement (EPA) is more than an agreement that regional governments signed in 2008, but impacts the lives of every single family in member states of the Caribbean Community (Caricom). So said Allyson Francis, trade in services and investment specialist, EPA Implementation Unit of the Caricom secretariat.
"The region has to implement the EPA to achieve the objectives set in it. It is a development-oriented agreement," said Francis. She was speaking about business and market opportunities for Cariforum services providers in the European Union (EU), at a two-day regional media workshop on the EPA in St Georges, Grenada, on Monday.
Cariforum comprises 14 members of Caricom, plus Cuba and the Dominican Republic and was formed to coordinate negotiations between the countries and the European Union. "Why are we implementing the agreement? Not just because we have some commitments. I think we can have some benefits," Francis said.
In a PowerPoint presentation, the fast-talking Francis said her mandate is to set the environment for trade in services and investment, and that the private sector can make maximum use of the agreement. She said if fully used, the EPA can assist in eradicating poverty, promote regional integration and increase private sector investment.
Francis said many of the region's obligations contained in the EPA should have been implemented upon signature four years ago, or no later than six months after provisional application. "Now, we are in 2012, so you have to understand, we are behind," Francis said.
The Caricom official said the EPA Implementation Unit at the Caricom secretariat gets "bashed" that it's not doing certain things, but the unit has developed a road map for regional implementation of the EPA.
"We are established to facilitate. We cannot implement. We can only facilitate implementation. We can draft laws, draft mobilisation, and submit to member states, but it is for member states to take it beyond and pass it through the process of refining it and put things in place," Francis said.
Goods and services
Francis made a clear distinction between trade in goods and trade in services, using a can of peas as an example of the former, and that services that "touch everything." Regarding tourism, Francis said one has to look at the inputs, not just the provision of a service, but the quality of the products offered, such as the equipment available in a dive shop.
She questioned how can trade in services take place without proper information and communication technology (ICT). "Another thing about services we have to consider is that a service is not just something out there. A large percentage of a good, the final product you see in the market is actually a service."
She spoke of research and development, education, marketing, advertising and distribution as services. "It is important for you to have a grasp of the connections that services have with everything else and be able to sell them," she said.
Francis said the media's role regarding the EPA goes beyond raising awareness of the agreement, but rather selling the agreement to all stakeholders.
Regional preferences
She said the importance of regional preferences in terms of opportunities is to give clarity to the region's suppliers and service providers in terms of the trade agreement Caricom signed with the Dominican Republic. That agreement focuses on goods, has a service component, but contains no schedule to develop services.
"Article 238 of the EPA says whatever you give to Europeans, you have to give to yourselves. We have a whole schedule of commitments for all member states. We're giving to the EU, but we do not have a schedule between us, as Caricom and the DR," Francis said. She said Article 238 hopefully provides an environment of transparency and predictability for service providers so they can understand the opportunities open to them in the treatment between Caricom and the DR.
Moving the EPA forward
Francis said the EPA Implementation Unit has developed a matrix which is updated every few months to determine where member states are regarding the EPA, so the unit has an idea what institutions member states have developed. She said an important aspect of services and investments is ensuring member states have the right policy and regulatory framework in place.
Francis said she found many Caricom states work in "silos," so that an ICT policy has no idea about research and development or construction services, that there is sometimes no consideration of the linkage between different departments.
