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Saint Lucia Explores New Trade and Investment Opportunities

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Contact: Rose Marie Harris

March 15, 1999 - Saint Lucia will next week participate in the First Ever Caribbean/United States Forum on Trade and Investment, in Santo Domingo.  The Forum will explore emerging opportunities in the Caribbean region for US business, while providing Caribbean business leaders the opportunity to develop new relationships with their US counterparts.

The participants will engage in several workshops, offering them a chance to identify investment opportunities. In addition, they will network with representatives from diverse sectors such as telecommunication, electronic commerce, high tech manufacturing, tourism, information technology, transportation and infrastructure development. Two panel discussions on the "Implementation of Trade Agreements" and "Economic relations between the Caribbean and the United States" will also form part of the three day forum.

Additional events have been slated to coincide with the trade and investment forum. These are aimed at further developing trade and investment opportunities for the participants including the First International Trade and Investment Fair which will showcase products, services and investment opportunities from the region and the International Expo 99 designed to promote the trade of goods and services in general.

Representatives of all major industrial and commercial sectors, as well as business and political leaders will attend the Forum, hosted by the Dominican Republic with support from the United States, from the Caribbean. Representing Saint Lucia will be the General Manager of the National Development Corporation, Mrs. Jacqueline Albertini.

According to Mrs. Albertini, "the Caribbean US Forum on Trade and Investment is a unique opportunity to meet potential investors from a wide range of industries from the Caribbean and United States. The forum should prove to be futile ground for our promotional efforts."

Immediately following the Trade and Investment meeting Mrs. Albertini will also participate in the Caribbean Investment Promotion Agencies Roundtable from March 19 20. This two day gathering of Investment Promotions agencies from the region is organised by the Foreign Development Advisory Services, a joint facility of the World Bank and the IFC. The working title of the Roundtable is "The Common Interest : Exploring the Harmonization of Investment Policies and Investment Promotion Strategies in the Caribbean."


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