Brazil/Guyana Agreement Important to St. Kitts Manufacturing Sector

 

According to a release from the Minister’s office, under this agreement Brazil and Guyana have special access to each other’s market. This has led to an expansion of trade. St. Kitts and Nevis is seeking duty free and quota free access to Brazil’s market for certain products.

According to Harris, “Brazil was the largest market in Latin American and the Caribbean and access to this market could enhance the viability of Kajola Kristada, Harowe Servo and Lutron Liamuiga and other entities for which special access would enhance their market presence and penetration in Brazil.”

He went on to say that the manufacturing sector contributed about 10 percent of gross domestic product (GDP) and over 2000 jobs. “Every assistance must be given to help the sector to consolidate, enhance its competitiveness and further contribute to jobs and incomes” Harris added.

Dr Harris said that Brazil has agreed to St. Kitts’ accession to the agreement.

The Government of St. Kitts and Nevis has requested technical assistance from the CARICOM Secretariat to draft the relevant protocols that would make accession a reality for the Federation.

 

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