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INNOVATIONS IN EXTENSION AND ADVISORY SERVICES –
   LINKING KNOWLEDGE AND ACTION FOR FOOD AND LIVEHOODS,
             Nairobi, Kenya 15 – 18 November , 2011


The Role of Extension in
Implementing Trade Agreements
and Improving Trade in the
Caribbean:        An Illustrative Case study




                                Manager – Research and Development
                                    Shridath Ramphal Centre (SRC)
                           for International Trade Law, Policy and Services
                        The University of The West Indies, Cave Hill, BARBADOS
The Role of Extension In Implementing Trade Agreements
and Improving Trade in the Caribbean : An Illustrative Case Study




                                                                    Neil CA Paul
The Role of Extension In Implementing Trade Agreements
and Improving Trade in the Caribbean : An Illustrative Case Study




            Table 1: Balance of Trade between CARICOM
            and Selected Countries (US$ 000)
                Trade      Year
              Agreement     into    2001     2002     2003     2004     2005     2006       2007       2008     2009     2010
                           force

              CARICOM      2008    -356.8   -480.8   -321.9   -712.6   -282.3   797.6      677.6    1,253.4    102.8    235.1
                 -EU
              CARICOM-     2004     -39.2    -47.7    -47.7    -64.8    -87.7    -63.0      -18.8       8.7     -33.3    59.2
              Costa Rica
              CARICOM-     1998     92.2     -47.3    -76.8      6.2    -73.0   -197.8    -109.2     -142.7    -616.8   -108.4

                 DR
              CARICOM-     1995    -192.1    -86.9   -188.4   -156.7   -311.3   -380.2    -551.0     -627.2    -741.9   -184.0
               Colombia

              CARICOM-     1992    -646.3   -594.8   -347.7   -360.2   -611.2   -819.3   -1,006.9   -1,584.5   -861.8    29.4
               Venezuela




            Source: International Trade Centre, Geneva, Switzerland




                                                                                                                                 Neil CA Paul
The Role of Extension In Implementing Trade Agreements
and Improving Trade in the Caribbean : An Illustrative Case Study



 Why aren’t Firms in Caribbean Making Use of the
  Agreements




                                                                    Neil CA Paul
The Role of Extension In Implementing Trade Agreements
and Improving Trade in the Caribbean : An Illustrative Case Study



       Table 2: Comparison of the Characteristics of
       Farmers and Small Firms in the Caribbean

                       Characteristics              Farmers   Private sector Firms
          1.   Mainly conservative / conventional                     
          2.   Small scale of operations                              
          3.   Lack Innovativeness                                    
          4.   Risk averse                                            
          5.   Not information seekers                                
          6.   Suspicious Nature                                      
          7.   High unit cost                                         
          8.   Low level of Capitalization or                         
               unavailability of Capital
          9.   Low level of Capacity                                  

        Source: Barbados Private Sector Trade
        team



                                                                                     Neil CA Paul
The Role of Extension In Implementing Trade Agreements
and Improving Trade in the Caribbean : An Illustrative Case Study


 Options In the Current situation

     1.   Research - Extension Paradigm (SRC -UWI)

     2.   Public sector - Extension Paradigm (Min of Trade)

     3.   Public/ Private Sector – Extension Paradigm

              i.    Barbados Private Sector Trade team (BPSTT)

              ii.   European Partnership Agreement (EPA)
                    Implementation Unit




                                                                    Neil CA Paul
The Role of Extension In Implementing Trade Agreements
    and Improving Trade in the Caribbean : An Illustrative Case Study

 Recommended Model
                                 CARICOM                Ministry of Foreign
      UWI- Shridath            Office of Trade              Trade and
    Ramphal Centre              Negotiations              International
   (Trade Policy Res)                                        Business




   Coalition of                                                   Chamber of
Services Industries              Private Sector                   Commerce &
                                  Trade Team                        Industry




                              Trade Extension Service



                      Firms             Firms                     Firms

                                                                              Neil CA Paul
The Role of Extension In Implementing Trade Agreements
and Improving Trade in the Caribbean : An Illustrative Case Study



    Next Steps…




                                                 THANK YOU !!!!



                                                                    Neil CA Paul

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The role of extension in implementing trade agreements and improving trade in the Caribbean: a case study.

  • 1. INNOVATIONS IN EXTENSION AND ADVISORY SERVICES – LINKING KNOWLEDGE AND ACTION FOR FOOD AND LIVEHOODS, Nairobi, Kenya 15 – 18 November , 2011 The Role of Extension in Implementing Trade Agreements and Improving Trade in the Caribbean: An Illustrative Case study Manager – Research and Development Shridath Ramphal Centre (SRC) for International Trade Law, Policy and Services The University of The West Indies, Cave Hill, BARBADOS
  • 2. The Role of Extension In Implementing Trade Agreements and Improving Trade in the Caribbean : An Illustrative Case Study Neil CA Paul
  • 3. The Role of Extension In Implementing Trade Agreements and Improving Trade in the Caribbean : An Illustrative Case Study  Table 1: Balance of Trade between CARICOM  and Selected Countries (US$ 000) Trade Year Agreement into 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 force CARICOM 2008 -356.8 -480.8 -321.9 -712.6 -282.3 797.6 677.6 1,253.4 102.8 235.1 -EU CARICOM- 2004 -39.2 -47.7 -47.7 -64.8 -87.7 -63.0 -18.8 8.7 -33.3 59.2 Costa Rica CARICOM- 1998 92.2 -47.3 -76.8 6.2 -73.0 -197.8 -109.2 -142.7 -616.8 -108.4 DR CARICOM- 1995 -192.1 -86.9 -188.4 -156.7 -311.3 -380.2 -551.0 -627.2 -741.9 -184.0 Colombia CARICOM- 1992 -646.3 -594.8 -347.7 -360.2 -611.2 -819.3 -1,006.9 -1,584.5 -861.8 29.4 Venezuela  Source: International Trade Centre, Geneva, Switzerland Neil CA Paul
  • 4. The Role of Extension In Implementing Trade Agreements and Improving Trade in the Caribbean : An Illustrative Case Study  Why aren’t Firms in Caribbean Making Use of the Agreements Neil CA Paul
  • 5. The Role of Extension In Implementing Trade Agreements and Improving Trade in the Caribbean : An Illustrative Case Study Table 2: Comparison of the Characteristics of Farmers and Small Firms in the Caribbean Characteristics Farmers Private sector Firms 1. Mainly conservative / conventional   2. Small scale of operations   3. Lack Innovativeness   4. Risk averse   5. Not information seekers   6. Suspicious Nature   7. High unit cost   8. Low level of Capitalization or   unavailability of Capital 9. Low level of Capacity   Source: Barbados Private Sector Trade team Neil CA Paul
  • 6. The Role of Extension In Implementing Trade Agreements and Improving Trade in the Caribbean : An Illustrative Case Study Options In the Current situation 1. Research - Extension Paradigm (SRC -UWI) 2. Public sector - Extension Paradigm (Min of Trade) 3. Public/ Private Sector – Extension Paradigm i. Barbados Private Sector Trade team (BPSTT) ii. European Partnership Agreement (EPA) Implementation Unit Neil CA Paul
  • 7. The Role of Extension In Implementing Trade Agreements and Improving Trade in the Caribbean : An Illustrative Case Study Recommended Model CARICOM Ministry of Foreign UWI- Shridath Office of Trade Trade and Ramphal Centre Negotiations International (Trade Policy Res) Business Coalition of Chamber of Services Industries Private Sector Commerce & Trade Team Industry Trade Extension Service Firms Firms Firms Neil CA Paul
  • 8. The Role of Extension In Implementing Trade Agreements and Improving Trade in the Caribbean : An Illustrative Case Study Next Steps… THANK YOU !!!! Neil CA Paul