The document summarizes Saint Lucia's experience with services exports. It discusses how in the late 1990s and early 2000s, Saint Lucia identified the services sector as a priority and established the Saint Lucia Coalition of Services Industries in 2009 to support services export development. Some key services exports for Saint Lucia include education, backoffice operations, accounting, ICT, consulting and entertainment services. The document also notes challenges to services exports and the imperative to promote new economic opportunities given Saint Lucia's young population. It outlines a project to further develop Saint Lucia's services sector through capacity building and export promotion activities.
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Presentation by Ms. Dinah Hippolyte at TIC 2012 Trinidad & Tobago
1. Saint Lucia Coalition of Services
Industries
“National Experience of Services Exports”
Presented by Ms. Dinah Hippolyte, at the 2012 TTMA Trade and Investment Convention Services Workshop,
18th May 2012, Port of Spain, Trinidad
2. SAINT LUCIA’S EXPERIENCE OF SERVICES EXPORTS
● Late 1990’s St Lucia identified services as a priority sector
● 2001 commitment to establish Services coalition to support
services export drive
● 2004 Draft National Export Development Strategy Identified key
sectors
● SLCSI established in 2009
● TEPA recently established to promote Goods/Services exports
3. CHALLENGE TO SERVICES EXPORTS
National Trade Infrastructure still designed to
facilitate and promote trade in Goods
5. IMPERATIVE FOR PROMOTING SERVICES EXPORTS
17 % of population (28,068) between 15-24
years old
41 % of population (68,052) under 35 years
old!!!
Need to stimulate growth in new areas of
economic activity
7. THE NATIONAL EXPERIENCE
NATIONAL EXPERIENCE OF SERVICES EXPORTS
• Education Services: AIMU Offshore Medical School
• Backoffice Operations: The BDO
• Accounting Services: PricewaterhouseCoopers
8. THE NATIONAL EXPERIENCE
• ICT services: Converge solutions, eMagine
• Backoffice Operations: BDO Accounting and
Administrative Services
• Consulting/Marketing services: Accela Marketing
9. SERVICES EXPORTS TO THE EU
• Entertainment: Claudia Edwards, Boo Hinkson
• Accounting: PricewaterHouse
• Administrative/Backoffice: The BDO
12. DEVELOPING SAINT LUCIA SERVICES
SECTOR
Grant funding from the Caribbean Aid for Trade and
Regional Integration Trust Fund (CARTFund) for the
execution of a twenty one (21) month project titled
"Developing Saint Lucia's Services Sector".
13. DEVELOPING SAINT LUCIA SERVICES
SECTOR
“It is expected that the CARTFund project will contribute to the
institutional strengthening of the SLCSI, increased capacity of its
member associations to coordinate the development of the
professional services sector; an increased level and quality of
advocacy for the creation of a more enabling environment for
trade in services and an increased number of service providers
with the capacity to exploit new market opportunities.”
14. DEVELOPING SAINT LUCIA SERVICES
SECTOR
Key deliverables and Progress to Date
•National Services Sector profile
•Client database
•Advocacy Training and Lobbying
•Services Policy White Paper/Recommendations
•Services Export Market Intelligence Report
•Services Export Training
•Services Trade Mission
THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
2004 Export Strategy - Arts & entertainment, architecture, ICT, Integrated Marketing Communications, nursing, tourism. THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
Focus still on trade in goods THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
The data shows that performance of trade in services outstrips trade in goods as we lose competitive advantage of preferential access THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
Growing imperative for promoting services exports:proliferation of trade agreements reduce competitive advante of trade in goods, THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
Entertainment: Mode 4 Accounting: Mode 4 Administrative: Mode 2 ICT: Mode 4/Mode 2 THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
Entertainment: Mode 4 Accounting: Mode 4 Administrative: Mode 2 ICT: Mode 4/Mode 2 THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
Business Opportunities for professional services based on trend of calls for proposals, training required for competitive bidding and recognition of qualification for supply of experts on projects and standards THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES
THE TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES