The EU Splashing our money about
The Caribbean Export Development exists for the sole purpose of increasing exports out of the Caribbean, i.e. to increase its sales and its profits on the world market.
As I have mentioned before it does not seem to make sense for the EU to finance an organisation that
In a fair deal, Europe would fully open its markets to all exports without demanding reciprocation,
competes with EU businesses in the world market place. But that is exactly what has happened with a grant of more than $21 million from the European Commission.
Not that the Caribbean Export executive director Philip Williams was over enthused at the grant; he said that contribution, as well those coming from the annual contributions of CARIFORUM’s 15-member states, are not sufficient.
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