Caribbean News

EPA PROJECT TO FURTHER BOOST JAMAICAN EXPORTS

Jamaica is expected to benefit significantly from the implementation of the $1

billion (€7.25 million) European Union (EU)-funded Economic Partnership Agreement

(EPA) project.

The two-phase project is being implemented by the Planning Institute of Jamaica

(PIOJ), and aims to create an enabling environment that supports increased compliance in

agriculture and agribusiness exports.

Phase one (EPA I) seeks to increase export competitiveness and food safety and

security for Jamaican products; provide laboratory equipment and updated measures for

improved testing of products, as also staff training to facilitate these engagements.

Project Cycle Management Specialist with the EU Unit, Marjorie Stair, says

Agriculture, Industry and Commerce are among the primary sectors expected to benefit,

with the anticipated overall long-term outcome being economic growth.

She was speaking at a recent JIS Think Tank at the agency’s head office in

Kingston.

In noting the “great demand’ for fresh produce globally, Ms. Stair said Jamaica

has been identified as one of the countries capable of meeting this need.

In this regard, she said focus is initially being placed on increasing exports to

Europe, one of the largest global markets.

Ms. Stair pointed out that the project inputs should result in a “natural increase” in

local production, “which benefits consumers and producers in Europe, and developing

countries.”

“This will lead to a boost in employment in farming and the manufacturing

industry, giving access to a wider range of good-quality products and a reduction in local

prices,” she added.


Most Popular

To Top